Image copyright PA The government is to outline how it aims to curb executive pay and target boardroom excesses in private firms as well as listed companies.
Theresa May said she wanted to stop an “irresponsible minority” of private firms acting badly.
The prime minister said the changes would mean “everybody plays by the same rules”.
The move follows widespread anger over the collapse of BHS with the loss of 11,000 jobs and a big pension deficit.
The government said the proposed changes would better protect privately owned companies" employees, customers and pension funds from mismanagement.
It is one of a number of measures being considered by the government in its consultation on corporate governance, due to be announced later on Tuesday.
“We have seen an irresponsible minority of privately-held companies acting carelessly – leaving employees, customers and pension fund beneficiaries to suffer when things go wrong,” said Mrs May.
Image copyright PA Image caption Proposals wou..
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