Prof. Bengt Hölmstrom

Paul A Samuelson Professor of Economics and Management

Primary DLC

Department of Economics

MIT Room: E52-520

Areas of Interest and Expertise

Alliances
Applied Economics (Economics of Organizations, Microeconomics, Monetary Policy)
Benefits and Compensation
Capital Budgeting
CEO Compensation
Compensation
Contagion
Contracts
Corporate Finance
Corporate Incentives
Corporate Strategy and Policy (Alliances, Mergers and Acquisitions, Privatization, Strategy)
Corporate Governance
China
Employee Motivation
Entrepreneurial Finance
Europe
European Union
Exchange Rates
Executive Pay
Family Business
Finance
Financial Markets (Contagion, Exchange Rates)
Game Theory
Globalization
Information Technology (Wireless Communication, High Technology)
Organization Studies (Organizational Change, Organizational Communication, Organizational Design and Performance)
Mergers and Acquisitions
Microeconomics
Motivation
Sarbanes-Oxley Compliance
Stock Options
Telecommunications
Telecommuting
Russia
Economics, Finance, Accounting (EFA)

Research Summary

Business compensation and incentives expert Bengt Holmstrom focuses on the economic theory of organization and the theory of the firm. He has written extensively on the design of incentives, including applications for performance evaluation, executive compensation, and capital management. Currently, Holmstrom is doing research on corporate governance and corporate re-structuring. He is also working on the role of asset illiquidity in the propagation of financial crisis.

Recent Work