- Department for Business, Energy & Industrial Strategy
- Part of:
- Corporate governance
- 29 November 2016
- Last updated:
- 29 August 2017, see all updates
Download the full outcome
Detail of outcome
We invited views on how to improve the UK’s corporate governance framework. This document summarises the responses received and sets out the proposals which the government now intends to take forward.
Detail of feedback received
We received 375 responses from interested parties. A full list of the organisations that responded is included in the consultation response document.
We are seeking views on how to improve the UK’s corporate governance framework.
This consultation ran from
The UK has long been regarded as a world-leader in corporate governance, combining high standards with low burdens and flexibility. It is an important part of what makes the UK such an attractive place for both business and investors. We want to build on these strengths and further enhance our competitiveness.
This consultation asks for views on:
- executive pay
- employee and customer voice
- corporate governance in large private businesses
We also welcome other suggestions to help address the corporate governance challenges facing us.
We have amended paragraphs 1.7 and 1.8 of the paper to clarify the current framework for setting and reporting on executive pay. There are no changes to the consultation questions or options.
Ref: BEIS/16/56 PDF, 529KB, 59 pages
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Published: 29 November 2016
Updated: 29 August 2017
- Added government response and detail of feedback received.
- Amended paragraphs 1.7 and 1.8 of the paper to clarify the current framework for setting and reporting on executive pay.
- First published.