Payouts - Publications - Faculty & Research

increasing executive remuneration. “It seemed the payouts at the top were massive and they weren’t warranted,” he says. “Meanwhile, 95 percent of the workforce was getting an annual salary increase of inflation plus one percent.” When he... View Details

01 Jun 2018
News

How Does the HBS Endowment Work?

the payout rate—typically around 5 percent of the endowment’s prior year-end market value —that can be withdrawn and used to support activities in accordance with the donor’s intentions and the terms of each gift. A large majority of... View Details

01 Dec 2015
News

Giving Advice

allowed to make program-related investments (PRIs), which “count” against your 5 percent annual payout requirement. I am developing an educational project that will require an investment in several Eastern countries in excess of $300... View Details

01 Jun 2010
News

M.I.A. Boards

Fuld told analysts, “I must say the board’s been wonderfully supportive.” The next day the board approved $100 million in payouts to five executives. Four days later the 159-year-old company declared the largest bankruptcy in U.S.... View Details

Keywords: John Gillespie;David Zweig; Finance