|
Business Secretary Greg Clark has set out the government's corporate governance reforms to enhance the public's trust in business. For the first time listed companies will have to publish pay ratios between chief executives & their average UK worker under government reforms to boardroom accountability.
The government’s package of corporate governance reforms will enhance the transparency of big business to shareholders, employees and the public. These will include the world’s first public register of listed companies where a fifth of investors have objected to executive annual pay packages.
In the coming months the government will also introduce new laws to require:
- all companies of a significant size to publicly explain how their directors take employees’ & shareholders’ interests into account
- all large companies to make their responsible business arrangements public
|
.gif)
