<h1>Corporate governance ethics demand stronger stakeholder participation and conversion of listing clause into binding regulations for compliance.</h1> Corporate governance ethics require going beyond the letter of law to emphasise moral responsibility, continuous evaluation and deterrents focused on individuals; active engagement by shareholders, directors and other stakeholders is integral. Recommendations from multi stakeholder conferences will be considered by the regulator, and a key listing standard (Clause 49 of the Listing Agreement) is indicated to be converted into formal regulations to shape compliance and enforcement.