Word: argumentativeness
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...Most companies, not surprisingly, aren't so amenable to the idea. The core argument against the movement is that CEOs get paid a market rate and say-on-pay votes undermine the very nature of corporate governance - a board of directors charged with luring and keeping the best talent. In the rebuttal statements to say-for-pay proposals found in their annual proxies, companies lay out all sorts of counter-arguments. IBM says there's no way that shareholders can know what's an appropriate pay practice since they're not privy to competitive information like which executives are receiving...
...Perhaps the savviest argument companies make is that there are mixed results about what, exactly, say-on-pay votes accomplish. In the U.K. there have been some resounding successes - most notably GlaxoSmithKline, which revamped its pay practices, aligning compensation with performance, after a "no" vote of 50.7% in 2003. (Its CEO at the time was on track to earn about $18 million.) Yet various studies have shown that in the years since say-on-pay went into effect, CEO compensation has continued to rise, anywhere between 5% and 11% annually...
...conjunction with existing curricula. “The subject areas are like courses available now at Cambridge Rindge and Latin,” said Evangeline H. Stefanakis, a Boston University professor who presented aspects of the IB program at last night’s meeting. The thrust of the argument for the IB program focused on preparing students for college and creating a network of worldwide equivalency with other IB schools. There are currently 2,294 schools worldwide, and 873 in the United States, that offer the IB. “It started out only with private schools...
...that Harvard is admitting legacies over equally—or even more—qualified candidates. Anti-legacyism is the last acceptable prejudice. These underqualified, overprivileged, moderately pasty folk need to stop slipping over the admissions border and stealing everyone’s slots. Or so the argument goes.Harvard’s admitted tendency to “take a second look” at legacy applicants continues to rouse periodic furors. After so many rejections—over 20,000 this year alone—Harvard has gotten pretty good at conveying when it?...
...them,” he said. But James H. Stock, chair of the Economics department and fellow scholar of human incentive, took a slightly different tack than either Sidanius or Ambrus in his own impromptu cost-benefit analysis of the newly proposed policy. “I think an argument can be made that reduction of the quorum is likely to increase turnout,” Stock said. “Because any Faculty member who knows that quorum will be achieved will have an additional incentive to attend when there’s a topic being discussed that?...