ecoDa EU Alert – the UK Government Response to the Corporate Governance Reform
The British Government has issued today a new package of Corporate Governance reforms in response to its related Green Paper.
Click here for the press release which includes a quote from Stephen Martin (Director General of the IoD)
Main reforms announced:
- New laws will force all listed companies to reveal the pay ratio between bosses and workers
- All listed companies with significant shareholder opposition to executive pay packages will have their names published on a new public register
- New measures will seek to ensure employee voice is heard in the boardroom