article thumbnail

Who Should Actually Have Say on Pay?

Harvard Business Review

At 74% of the 1,471 companies that have voted so far in 2013, according to Equilar''s say-on-pay tracker , the "yes" percentage exceeded 90%. Only 31 companies (2%) have gotten sub-50% no-confidence votes in 2013. Which makes sense — most asset managers have a shared interest with CEOs in keeping top-of-the-scale paychecks high.

Hedge 8
article thumbnail

Universities Are Missing Out on an Explosive Growth Sector: Their Own

Harvard Business Review

Meanwhile, trustees control universities’ sometimes-giant endowments, and most often delegate this control to asset managers who treat the endowments as pools of money with the sole purpose of creating more money. There’s a systemic Catch 22, one outsourced endowment manager told me.