Stakeholders can be very powerful and in some situations, can lead to companies being boycotted or even shut down by the government. 

 Provision 13.1 says,

“The company has arrangements in place to identify and engage with its material stakeholder groups and to manage its relationships with such groups.”

But who are our “material stakeholders” and, bluntly put, who are “immaterial”? 

Show Notes
1) Download the Singapore Code of Corporate Governance below

https://www.mas.gov.sg/-/media/mas/news-and-publications/code-of-corporate-governance-6-aug-2018-revised-11-jan-2023.pdf

2) Join the preparatory course for the SCA exams

https://courses.learningluminaries.com/courses/sca-business-valuation-governance