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The Harvard Institutional Investors Conference

November 8-9, 2011

Co‐Organizers: Lucian Bebchuk and Robert Pozen
Co‐Sponsors: Harvard Law School Program on Institutional Investors,
Harvard Law School Program on Corporate Governance, Harvard Business School, and
Harvard Kennedy School Center for Business and Government
Supported by the Investment Company Institute

The Harvard Institutional Investors Roundtable was convened November 8-9, 2011. The event brought together prominent members of the institutional investor world to discuss a number of related issues concerning shareholder voting. During the morning sessions, the roundtable discussed lessons from the first year of advisory votes on executives compensation and on how institutions should vote on compensation arrangements in the future. During the second half of the day, the roundtable discussion focused on majority voting and withhold votes, as well as on the reporting of proxy votes to beneficiaries. The event started with a keynote talk by and discussion with Larry Summers.