The government has outlined its plans to make companies justify high levels of executive pay [including] pay ratios, which would show the gap in earnings between the chief executive and an average employee. Shareholders would be handed more powers to vote against bosses' pay, but the government will not force companies to put workers on boards...The proposals form part of the government's Green Paper on corporate governance reform, which aims to increase public trust in business....also includes measures on: Ensuring the "voice" of employees and customers is better represented on company boards; Holding privately-held firms to the same corporate governance standards as publicly listed companies...The proposals... include a bespoke code of practice for the largest private companies...to comply or explain why they had not in their annual report... to report on diversity, greenhouse gas emissions and social and community issues. (Includes link to interview of Business Secretary Greg Clark on Radio 4's Today programme)