This commentary, a contribution to the Harvard Business Review Online Forum on the CEO's role in fixing the capitalist system, makes the argument that for an incentive system to usefully support a firm's long-term, society focused agenda, companies need to lessen their reliance on financial...

As the dominant owners of listed companies in many developed markets, institutional investors have been under increasing pressure to act as responsible shareholders. In the UK, Canada, France, the Netherlands, and other markets, stewardship codes have been developed or are under consideration to...

This article argues that the way institutional investors (pension funds, fund managers and others) use stock market indices - in particular, measuring performance based on short-term relative returns, replicating an index's constituent holdings so that equity portfolios (including...