Image copyright European Photopress Agency Image caption At the CBI conference on Monday Theresa May said she still wanted to see some form of worker representation on company boards Theresa May"s attempt to reform corporate pay and governance faces more challenges from business leaders.
A report by the Big Innovation Centre rejects holding annual binding votes on pay and the publishing of pay ratios between chief executives and workers.
The two ideas were among the prime minister"s suggestions to address public unease about executive pay.
This week, Mrs May was forced to reject claims she had watered down plans to put worker representatives on boards.
The prime minister set out her intention to strengthen corporate governance when she came to power in the summer. But some proposals have drawn criticism.
Friday"s BIC report – whose authors include Bank of England chief economist Andy Haldane and Kingfisher non-executive director Clare Chapman – argues that action on pay..
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