29 August 2017
UK Executive Pay Reform - Government Measures Published
On 29 August 2017, the UK Government published a package of corporate governance reforms, intended to enhance the public's trust in business. Whilst the Government is not pressing ahead with all the initial proposals set out in its November 2016 green paper, changes are proposed in a number of key areas.
The report is wide ranging and covers directors' duties, annual reporting, corporate governance in private companies and board diversity. This update focuses on the proposals on executive pay.