Seven Principles
The Korea Stewardship Code sets forth the following seven principles as a soft law:
Principle 1
Institutional investors, as a steward of assets entrusted by their clients, beneficiaries, etc., to take care of and manage,
should formulate and publicly disclose a clear policy to faithfully implement their responsibilities
Principle 2
Institutional investors should formulate and publicly disclose an effective and clear policy as to how to resolve actual or
potential problems arising from conflicts of interest in the course of their stewardship activities.
Principle 3
Institutional investors should regularly monitor investee companies in order to enhance investee companies’ mid- to long-term value
and thereby protect and raise their investment value.
Principle 4
While institutional investors should aim to form a consensus with investee companies, where necessary,
they should formulate internal guidelines on the timeline, procedures, and methods for stewardship activities.
Principle 5
Institutional investors should formulate and publicly disclose a voting policy that includes guidelines, procedures, and
detailed standards for exercising votes in a faithful manner, and publicly disclose voting records and the reasons for
each vote so as to allow the verification of the appropriateness of their voting activities.
Principle 6
Institutional investors should regularly report their voting and stewardship activities to their clients or beneficiaries.
Principle 7
Institutional investors should have the capabilities and expertise required to implement stewardship responsibilities in an active and effective manner.
Approver : Moonsoo Park / Managing Partner / CEO (053-341-9222, munavi@enlightvc.com)
Person in charge : Jungeun Kang / Team Head
(053-341-9222, jekang@enlightvc.com)
