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Article

29 Nov 2016

Author:
Department for Business, Energy & Industrial Strategy and The Rt Hon Greg Clark MP

Government launches review of corporate governance

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A new public consultation has been launched today on measures to strengthen corporate governance... views sought on options to strengthen worker and customer voices in the boardroom, reform executive pay and build a stronger corporate governance framework for large, privately-held companies...part of government commitment to ensure big businesses all play by the same rules. The green paper sets out a range of options to address concerns around levels of executive pay, increasing representation of workers, customers, suppliers and investors in the boardroom, and whether our largest private companies should be subject to more rigorous corporate governance rules. It calls on businesses, investors, workers and members of the public to give their views on what should be done to ensure that the UK’s corporate governance framework helps to deliver an economy that works for all and maintain our reputation as the best place in Europe to do business.