The Advisors' Blog

– Broc Romanek

Here’s the intro from this Manifest blog:

The UK government has signalled that it will taking a shareholder and stakeholder market-based approach to governance reform rather than introducing more rules on executive pay. According to early briefings reported in the Financial Times and Daily Telegraph, the government’s response to the consultation on its corporate governance paper green paper, will published next week.

While proposals for more stringent binding votes would not be put in place George Parker, the FT’s political editor, reported that the government said there would be measures to improve pay transparency. Parker also quoted a government official stating that the corporate governance reforms would make large companies more transparent and accountable to both staff and shareholders.