The Incentive Bubble
/Harvard Business Review 90, no. 3 (March 2012).
Outsourcing pay decisions to financial markets has skewed compensation and, with it, American capitalism.
Read MoreProfessor of Finance and Law
Mihir Desai's academic publications have appeared in leading economics, finance, and law journals. His work has emphasized the appropriate design of tax policy in a globalized setting, the links between corporate governance and taxation, and the internal capital markets of multinational firms. His research has been cited in The Economist, BusinessWeek, The New York Times, and several other publications.
Harvard Business Review 90, no. 3 (March 2012).
Outsourcing pay decisions to financial markets has skewed compensation and, with it, American capitalism.
Read MoreMihir Desai's academic publications have appeared in leading economics, finance, and law journals. His work has emphasized the appropriate design of tax policy in a globalized setting, the links between corporate governance and taxation, and the internal capital markets of multinational firms. His research has been cited in The Economist, BusinessWeek, The New York Times, and several other publications.
Mizuho Financial Group Professor of Finance, Harvard Business School, Professor of Law, Harvard Law School