The U.K. government on Tuesday published a consultative report chock-full of potential corporate governance reforms that could align the country more with executive compensation practices in the U.S.

The 59-page long document, called the “green paper,” consists of a number of proposals on improving transparency around executive pay, enhancing the role of compensation committees and “strengthening the employee, customer and supplier voice.”

It calls for disclosing the pay ratio between chief executives and company employees, giving employees more influence on company boards and equipping shareholders with more voting power. Read More