article thumbnail

The Salary Gap Between Stingy and Generous Companies Is Growing

Harvard Business Review

In his October HBR article on skyrocketing executive pay, Roger Martin relates a startling fact: “The top 25 hedge fund managers in 2010 raked in four times the earnings of all the CEOs of the Fortune 500 combined.”. Financiers are leaving CEOs behind; hedge funders are putting bankers to shame. Making the top 0.1%

Bryson 11
article thumbnail

Who Should Actually Have Say on Pay?

Harvard Business Review

What''s more, the asset management industry — in particular the alternative-asset subset of hedge funds and private equity — has exported many of its pay practices into the corporate sector. As Roger Martin argued in his book Fixing the Game , stock prices are all about (often incorrect) expectations of future earnings.

Hedge 8
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can Your Company Survive a Bubble?

Harvard Business Review

As best I can tell, there are three levels of bubble danger (they correlate somewhat with Hyman Minsky's three stages of economic danger: Ponzi, speculative, and hedge finance). What should executives do when their company is caught up in a bubble? The Ponzi bubble.

Company 13
article thumbnail

How to Revive a Tired Network

Harvard Business Review

b Between 1920 and 1930, for example, 87 percent of Broadway shows flopped despite being attached to big names like Rogers and Hammerstein, or Gilbert and Sullivan. Most-senior hedge fund people and competitors. Assign these contacts into key categories: Most-senior clients. Most-senior people in your company. lawyers, accountants).

How To 8
article thumbnail

Is a Well-Lived Life Worth Anything?

Harvard Business Review

Or are you just (yawn) a pawn in the tired, predictable game called 'the pursuit of diminishing returns to hyperconsumption': the game that's rigged by hedge-fund bots against you?". eudaimonia asks, "Did any of that stuff make you meaningfully better — smarter, fitter, grittier, more empathic, wiser? Becoming, not just being.

GDP 21