C. Fritz Foley

(Highlighted selections can be downloaded in PDF format by clicking on the paper title. Download Adobe Acrobat Reader here).

Articles

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Tax Policy and the Efficiency of U.S. Direct Investment Abroad." forthcoming in National Tax Journal.

C. Fritz Foley with Dhammika Dharmapala and Kristin J. Forbes. "Watch What I Do, Not What I Say: The Unintended Consequences of the Homeland Investment Act." Journal of Finance, 66, no. 3 (June 2011): 753-788.

C. Fritz Foley. "Welfare Payments and Crime." Review of Economics and Statistics, 93, no. 1 (February 2011): 97-112.

C. Fritz Foley with Lee Branstetter, Raymond Fisman, and Kamal Saggi. "Does Intellectual Property Rights Reform Spur Industrial Development?" Journal of International Economics, 83, no. 1 (January 2011): 97-112.

C. Fritz Foley with Pol Antràs. "Regional Trade Integration and Multinational Firm Strategies." In Costs and Benefits of Regional Economic Integration, edited by Robert J. Barro and Jong-Wha Lee, New York, NY: Oxford University Press, pp. 208-240, 2011.

C. Fritz Foley with Lee Branstetter, and Kamal Saggi. "Has the Shift to Stronger Intellectual Property Rights Promoted Technology Transfer, FDI, and Industrial Development?" The WIPO Journal: Analysis and Debate of Intellectual Property Issues, 2, no. 1, (2010): 93-98.

C. Fritz Foley with Robin Greenwood. "The Evolution of Corporate Ownership after IPO: The Impact of Investor Protection." Review of Financial Studies, 23, no. 3 (March 2010): 1231-1260.

C. Fritz Foley with Lee Branstetter. "Facts and Fallacies about U.S. FDI in China." In China's Growing Role in World Trade, edited by Robert Feenstra and Shang-Jin Wei, Chicago, IL: The University of Chicago Press, pp. 513-539, 2010.

C. Fritz Foley with Pol Antràs and Mihir Desai. "Multinational Firms, FDI Flows and Imperfect Capital Markets." Quarterly Journal of Economics, 124 no. 3 (August 2009): 1171-1219.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Domestic Effects of the Foreign Activities of U.S. Multinationals." American Economic Journal: Economic Policy, 1 no. 1 (February 2009): 181-203.

C. Fritz Foley with Malcolm Baker and Jeffrey Wurgler. "Multinationals as Arbitrageurs? The Effect of Stock Market Valuations on Foreign Direct Investment." Review of Financial Studies, 22, no. 1 (January 2009): pp. 337-369.

C. Fritz Foley with Mihir A. Desai and Kristin J. Forbes. "Financial Constraints and Growth: Multinational and Local Firm Responses to Currency Depreciations." Review of Financial Studies, 21, no. 6 (November 2008): pp. 2857-2888.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Capital Structure with Risky Foreign Investment." Journal of Financial Economics 88, no. 3 (June 2008): 534-553.

C. Fritz Foley with Jay Hartzell, Sheridan Titman, and Garry Twite, "Why Do Firms Hold So Much Cash? A Tax-Based Explanation." Journal of Financial Economics, 86, no. 3 (December 2007): 579-607.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Dividend Policy inside the Multinational Firm." Financial Management, 36, no. 1 (Spring 2007): 5-26.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "The Internal Markets of Multinational Firms." Survey of Current Business, 87, no. 3 (March 2007): 42-48.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Capital Controls, Liberalizations, and Foreign Direct Investment." Review of Financial Studies, 19, no. 4 (Winter 2006): 1399-1431.

C. Fritz Foley with Lee Branstetter and Raymond Fisman. "Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Panel Data." Quarterly Journal of Economics 121, no. 1 (February 2006) pp. 321-349. [For the detailed Appendix to this paper, click here.]

C. Fritz Foley with Mihir A. Desai. "The Comovement of Returns and Investment Within the Multinational Firm." NBER International Seminar on Macroeconomics, edited by Richard H. Clarida, Jeffrey A. Frankel, Fancesco Giavazzi, and Kenneth D. West, Cambridge, MA: The MIT Press, pp. 197-230, 2006.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "The Demand for Tax Havens." Journal of Public Economics, 90 no. 3 (March 2006): 513-531.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Do Tax Havens Divert Economic Activity?" Economics Letters, 90, no. 2 (February 2006): 219-224.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Taxation and Multinational Activity: New Evidence, New Interpretations." Survey of Current Business, 86, no. 2 (February 2006): 16-22.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Foreign Direct Investment and the Domestic Capital Stock." American Economic Review Papers and Proceedings 92, no. 2 (May 2005): 33-38.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "A Multinational Perspective on Capital Structure Choice and Internal Capital Markets." Journal of Finance 59, no. 6 (December 2004): 2451-2488.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Foreign Direct Investment in a World of Multiple Taxes." Journal of Public Economics 88, no. 12 (December 2004): 2727-2744.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "The Costs of Shared Ownership: Evidence from International Joint Ventures." Journal of Financial Economics 73, no. 2 (August 2004): 323-374. [For a profile of this research from BusinessWeek, click here.]

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Venture Out Alone." Harvard Business Review 82, no. 3 (April 2004): 22.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Chains of Ownership, Regional Tax Competition, and Foreign Direct Investment." In Foreign Direct Investment in the Real and Financial Sector of Industrial Countries, edited by Heinz Herrmann and Robert Lipsey, Heidelberg: Springer Verlag, pp. 61-98, 2003.

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Repatriation Taxes and Dividend Distortions." National Tax Journal 54, 4 (2001): 829-851.

C. Fritz Foley with Saman Kelegama. "Impediments to Promoting Backward Linkages from the Garment Industry in Sri Lanka." World Development 27, no. 8 (August 1999): 1445-1460.

C. Fritz Foley with Saman Kelegama. "Policy Issues on Promoting Backward Linkages from the Garment Industry in Sri Lanka." Institute of Policy Studies, Research Study-Industrialization Series, August 1996.

Working Papers

C. Fritz Foley with Pol Antràs. "Poultry in Motion: A Study of International Trade Finance Practices."

C. Fritz Foley with William R. Kerr. "Ethnic Innovation and U.S. Multinational Firm Activity."

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Trade Credit and Taxes."

C. Fritz Foley with Sergey Chernenko and Robin Greenwood. "Agency Costs, Mispricing, and Ownership Structure."

C. Fritz Foley with Mihir A. Desai and James R. Hines Jr. "Labor and Capital Shares of the Corporate Tax Burden: International Evidence."

C. Fritz Foley. "Going Bust in Bangkok: Lessons from Bankruptcy Law Reform in Thailand."

Reports and Testimony

C. Fritz Foley with Lee Branstetter, Robert Feenstra, James Harrigan, J. Bradford Jensen, Lori Kletzer, Robert Lipsey, Catherine Mann, Peter Schott, and Greg C. Wright, "Report on the State of Available Data for the Study of International Trade and Foreign Direct Investment." Prepared for the Committee on Economics Statistics of the American Economic Association.

Testimony on the Effects of Intellectual Property Infringment in China on the U.S. Economy, Hearing before the United States International Trade Commission, June 15, 2010.

Teaching Materials

C. Fritz Foley with Rawi Abdelal, Cassie Bordeau, Jana Kierstead, and Felix Oberholzer-Gee. “Preparation for Global Immersions,” Harvard Business School Note 212-027.

C. Fritz Foley. “Financing International Trade,” Harvard Business School Module Note 211-089.

C. Fritz Foley with Matthew Johnson and David Lane. “Note on International Trade Finance,” Harvard Business School Note 211-007.

C. Fritz Foley with Matthew Johnson. “The Export-Import Bank of the United States,” Harvard Business School Case 211-032.

C. Fritz Foley with Matthew Johnson. “The Export-Import Bank of the United States (TN),” Harvard Business School Teaching Note.

C. Fritz Foley with Matthew Johnson. “Belco Global Foods,” Harvard Business School Case 211-033.

C. Fritz Foley with Matthew Johnson. “Belco Global Foods (TN),” Harvard Business School Teaching Note.

C. Fritz Foley with Lena G. Goldberg, and Linnea Meyer. “Chrysler's Sale to Fiat,” Harvard Business School Case 210-022.

C. Fritz Foley with Lena G. Goldberg. “Chrysler's Sale to Fiat (TN),” Harvard Business School Teaching Note.

C. Fritz Foley with Michael Shih-Ta Chen, Matthew Johnson, and Linnea Meyer. “Noble Group,” Harvard Business School Case 210-021.

C. Fritz Foley with Matthew Johnson. “Noble Group (TN),” Harvard Business School Teaching Note.

C. Fritz Foley with Linnea Meyer. “Nomura’s Global Growth: Picking Up Pieces of Lehman,” Harvard Business School Case 210-017.

C. Fritz Foley with Linnea Meyer. “WL Ross and Plascar,” Harvard Business School Case 209-091.

C. Fritz Foley with Linnea Meyer. “WL Ross and Plascar (TN),” Harvard Business School Teaching Note.

C. Fritz Foley with Robin Greenwood and James Quinn. "NEC Electronics," Harvard Business School Case 209-001.

C. Fritz Foley with Robin Greenwood and James Quinn. "NEC Electronics (TN)," Harvard Business School Teaching Note.

C. Fritz Foley with Linnea Meyer, "Finansbank 2006," Harvard Business School Case 208-108.

C. Fritz Foley. "Finansbank 2006 (TN)," Harvard Business School Teaching Note 208-149.

C. Fritz Foley. "Restructuring Navigator Gas Transport Plc," Harvard Business School Case 207-092.

C. Fritz Foley. "Restructuring Navigator Gas Transport Plc (TN)," Harvard Business School Teaching Note 207-093.

C. Fritz Foley with Perry Fagan and Stuart Gilson. "Alphatec Electronics Pcl." Harvard Business School Case N9-200-004. Reprinted in Stijn Claessens, Simeon Djankov and Ashoka Mody, eds., Resolution of Financial Distress: An International Perspective on the Design of Bankruptcy Laws, Washington, D.C.: The World Bank, 2001.

C. Fritz Foley with Pankaj Ghemawat and Bret Baird. "Cooperating to Compete: EGS and Turkey's Garment Industry." Harvard Business School Case N9-799-024.