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Brace Yourselves, Politics Is Coming

for DeAnnPicture this as a fresh governance requirement: Every corporate board must have a worker sitting on the compensation committee.

If that seems far-fetched, think again. Britain’s Labour party has cemented exactly that pledge into its manifesto for the May 7 general election, kicking off a season where politics—both in the United Kingdom and the United States, with our numbingly-long presidential campaign—is once again poised to upend settled practices. The last time politics drove corporate governance on a grand scale on these shores started with candidate Barack Obama’s...

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