The investment managers and governing bodies at such institutions often don't have strong feelings about things like limiting executive compensation. Probably

The investment managers and governing bodies at such institutions often don't have strong feelings about things like limiting executive compensation. Probably because it doesn't have much effect on their returns. I'd love to someone to try to prove me wrong, though. Start up a Vanguard-like fund that only invests in companies that pay their CEOs below average, or some similar metric. It just might turn out that there's a bunch of ten-dollar bills on the street we are all missing and the economy as a whole would be better off if they turn out to be right. Either way, it would be valuable data.