U.K.’s Brexit Prime Minister Borrows From EU for Corporate Plan

The U.K. may have voted to leave the European Union, but if its next prime minister gets her way, its companies might look a little more like those in EU countries such as Germany or France. Theresa May, who is set to become prime minister after her only rival quit the race, on Monday pledged an overhaul of corporate governance, including appointing employee representatives to boards. The move would bring the U.K. closer to the system in Germany, where the labor side makes up half of corporate supervisory boards.