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    • Multimedia  (78)
  • Faculty Publications  (160)

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  • All HBS Web  (499)
    • News  (226)
    • Research  (205)
    • Multimedia  (78)
  • Faculty Publications  (160)
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  • September 2004 (Revised May 2005)
  • Supplement

Foreign Exchange Hedging Strategies at General Motors (CW)

By: Mihir A. Desai
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Desai, Mihir A. "Foreign Exchange Hedging Strategies at General Motors (CW)." Harvard Business School Spreadsheet Supplement 205-702, September 2004. (Revised May 2005.)
  • Research Summary

Research and Publications

By: Mihir A. Desai
Please refer to Professor Desai's Web Page for a complete listing of Professor Desai's View Details
  • March 2004 (Revised August 2007)
  • Supplement

Globalizing the Cost of Capital and Capital Budgeting at AES

By: Mihir A. Desai
Spreadsheet to (9-204-109). Download only. View Details
Keywords: Globalization; Capital Budgeting
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Desai, Mihir A. "Globalizing the Cost of Capital and Capital Budgeting at AES." Harvard Business School Spreadsheet Supplement 204-707, March 2004. (Revised August 2007.)
  • April 2000
  • Case

Financing of Project Achieve, The (B)

By: Mihir A. Desai
Supplements the (A) case. View Details
Keywords: Business Startups; Forecasting and Prediction; Venture Capital; Cash Flow; Equity; Negotiation Deal; Valuation
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Desai, Mihir A. "Financing of Project Achieve, The (B)." Harvard Business School Case 200-053, April 2000.
  • March 6, 2006
  • Article

Taxing Corporate Capital Gains

By: Mihir A. Desai
Keywords: Taxation; Profit; Capital
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Desai, Mihir A. "Taxing Corporate Capital Gains." Tax Notes 110 (March 6, 2006): 1079–1092.
  • 28 Apr 2009
  • First Look

First Look: April 28, 2009

show that the same behaviors produce more ethical condemnation when they happen to produce bad rather than good outcomes, even if the outcomes are determined by chance. Our studies show that individuals judge behaviors as less ethical,... View Details
Keywords: Martha Lagace
  • March 2009
  • Article

Earnings Management and Corporate Tax Shelters, and Book-Tax Alignment

By: Mihir Desai and Dhammika Dharmapala
This paper reviews recent evidence analyzing the link between earnings management and corporate tax avoidance and considers the implications for how policymakers should evaluate the financial reporting environment facing firms. A real-world tax shelter is dissected to... View Details
Keywords: Earnings Management; Taxation; Financial Reporting; Business and Shareholder Relations
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Desai, Mihir, and Dhammika Dharmapala. "Earnings Management and Corporate Tax Shelters, and Book-Tax Alignment." National Tax Journal 62, no. 1 (March 2009): 169–186.
  • August 2009
  • Article

Corporate Tax Avoidance and Firm Value

By: Mihir Desai and D. Dharmapala
Keywords: Taxation; Business Ventures; Value
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Desai, Mihir, and D. Dharmapala. "Corporate Tax Avoidance and Firm Value." Review of Economics and Statistics 91, no. 3 (August 2009): 537–546.
  • December 2020 (Revised February 2021)
  • Teaching Note

The Tulsa Massacre and the Call for Reparations

By: Mihir A. Desai and Suzanne Antoniou
How should historic social injustices be addressed? Survivors of the 1921 Tulsa Massacre and their descendants, including Representative Regina Goodwin of Tulsa, believe they should be addressed through reparations and have consequently continued to push the government... View Details
Keywords: Cost vs Benefits; Decision Choices and Conditions; Decisions; Judgments; Race; Fairness; Moral Sensibility; Values and Beliefs; Corporate Accountability; Corporate Governance; Policy; Governing Rules, Regulations, and Reforms; Government Legislation; Government and Politics; Government Administration; Lawsuits and Litigation; Legal Liability; Leading Change; Mission and Purpose; Corporate Social Responsibility and Impact; Conflict and Resolution; Conflict Management; Loss; Motivation and Incentives; Perspective; Prejudice and Bias; Civil Society or Community; Social Issues; Welfare; Tulsa; Oklahoma; United States
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Desai, Mihir A., and Suzanne Antoniou. "The Tulsa Massacre and the Call for Reparations." Harvard Business School Teaching Note 221-044, December 2020. (Revised February 2021.)
  • June 2014
  • Supplement

Financial Policy at Apple, 2013 (B)

By: Mihir Desai and Elizabeth A. Meyer
This case is meant to accompany Financial Policy at Apple, 2013 (A) and details the results of Apple's Q2 2013 earnings call. View Details
Keywords: Apple; Steve Jobs; Forecast; Forecasting; Forecasting And Prediction; Shareholder Activism; Share Repurchase; Dividends; Financial Ratios; Preferred Shares; Cash Distribution; Corporate Finance; Borrowing and Debt; Financial Management; Financial Strategy; Technology Industry; Consumer Products Industry; United States; Republic of Ireland
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Desai, Mihir, and Elizabeth A. Meyer. "Financial Policy at Apple, 2013 (B)." Harvard Business School Supplement 214-094, June 2014.
  • June 2014
  • Supplement

Financial Policy at Apple, 2013 Student Supplement

By: Mihir Desai and Elizabeth A. Meyer
This is the student spreadsheet supplement to case 214-085, Financial Policy at Apple, 2013 (A). View Details
Keywords: Apple; Steve Jobs; Forecast; Forecasting; Forecasting And Prediction; Shareholder Activism; Share Repurchase; Dividends; Financial Ratios; Preferred Shares; Cash Distribution; Corporate Finance; Borrowing and Debt; Financial Management; Financial Strategy; Technology Industry; Consumer Products Industry; United States; Republic of Ireland
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Desai, Mihir, and Elizabeth A. Meyer. "Financial Policy at Apple, 2013 Student Supplement." Harvard Business School Spreadsheet Supplement 214-714, June 2014.
  • January 2006
  • Teaching Note

Growing Up in China: BabyCare Ltd. (TN)

By: Mihir A. Desai and Kathleen Luchs
Keywords: Education Industry; China
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Desai, Mihir A., and Kathleen Luchs. "Growing Up in China: BabyCare Ltd. (TN)." Harvard Business School Teaching Note 206-083, January 2006.
  • April 2005
  • Supplement

Nestle and Alcon--The Value of a Listing (CW)

By: Mihir A. Desai and Anders Sjoman
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Desai, Mihir A., and Anders Sjoman. "Nestle and Alcon--The Value of a Listing (CW)." Harvard Business School Spreadsheet Supplement 205-715, April 2005.
  • March 2005
  • Teaching Note

Antitrust Regulations in a Global Setting: The EU Investigation of the GE/Honeywell Merger (TN)

By: Mihir A. Desai and Belen Villalonga
Teaching Note to (9-204-081). View Details
Keywords: Globalization; Monopoly; Electronics Industry; European Union
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Desai, Mihir A., and Belen Villalonga. "Antitrust Regulations in a Global Setting: The EU Investigation of the GE/Honeywell Merger (TN)." Harvard Business School Teaching Note 205-094, March 2005.
  • January 2005
  • Case

Czech Mate: CME and Vladimir Zelezny (E) - CME Returns

By: Mihir A. Desai and Kathleen Luchs
Supplements the (A) case. View Details
Keywords: Financial Institutions; Ownership Stake; Developing Countries and Economies; Corporate Governance; Fairness; Rights
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Desai, Mihir A., and Kathleen Luchs. "Czech Mate: CME and Vladimir Zelezny (E) - CME Returns." Harvard Business School Case 205-069, January 2005.
  • Article

Czech Mate

By: Mihir A. Desai and Alberto Moel
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Desai, Mihir A., and Alberto Moel. "Czech Mate." Beyond Transition 15, no. 1 (October–December 2004): 17.
  • January 2006
  • Article

Corporate Tax Avoidance and High Powered Incentives

By: Mihir A. Desai and Dhammika Dharmapala
Keywords: Taxation; Motivation and Incentives
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Desai, Mihir A., and Dhammika Dharmapala. "Corporate Tax Avoidance and High Powered Incentives." Journal of Financial Economics 79, no. 1 (January 2006): 145–179. (This paper is a revised version of NBER Working Paper 10471.)
  • April 2006
  • Teaching Note

Drilling South: Petrobras Evaluates Pecom

By: Mihir A. Desai and Kathleen Luchs
Keywords: Energy Industry
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Desai, Mihir A., and Kathleen Luchs. "Drilling South: Petrobras Evaluates Pecom." Harvard Business School Teaching Note 206-134, April 2006.
  • March 2006
  • Teaching Note

The Continuing Transformation of Asahi Glass: Implementing EVA (TN)

By: Mihir A. Desai and Kathleen Luchs
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Desai, Mihir A., and Kathleen Luchs. "The Continuing Transformation of Asahi Glass: Implementing EVA (TN)." Harvard Business School Teaching Note 206-094, March 2006.
  • March 2006
  • Module Note

Valuing Cross-Border Investments

By: Mihir A. Desai and Kathleen Luchs
Describes a core module in the International Finance course at Harvard Business School. The module explores how valuation differs in an international context and introduces students to the major issues in cross-border valuations: how to value investments in currencies... View Details
Keywords: International Accounting; Currency Exchange Rate; Investment; Framework; Cross-Cultural and Cross-Border Issues; Body of Literature; Risk Management; Projects; Valuation
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Desai, Mihir A., and Kathleen Luchs. "Valuing Cross-Border Investments." Harvard Business School Module Note 206-125, March 2006.
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