C. Fritz Foley

André R. Jakurski Professor of Business Administration

Fritz Foley is the André R. Jakurski Professor of Business Administration at Harvard Business School. He is also a Research Associate in the National Bureau of Economic Research’s Corporate Finance and International Trade and Investment Programs and an Associate Editor of the Journal of International Economics.  

Professor Foley’s research focuses on corporate finance with a particular emphasis on the activities of multinational firms and the role of the CFO. He has received awards for his research and his course development efforts, and his work has been funded by grants from the National Science Foundation, the World Bank, and the Asian Development Bank. Recent projects include analysis of how international trade is financed, how firms respond to the tax costs of repatriating foreign earnings, and what behaviors and attributes make CFOs effective.

Professor Foley has taught in the first and second year of the MBA program and in various HBS Executive Education programs.  From 2011-2013, he served as a member of the faculty team that developed and taught Field Immersion Experiences for Leadership Development (FIELD).

Prior to joining HBS, Professor Foley was on the faculty at the University of Michigan Business School. He received a Ph. D. in Business Economics from Harvard University and a B.A. in Ethics, Politics, and Economics from Yale University. Professor Foley has also worked as a strategy consultant at Monitor Company and conducted research on multinational firms in the apparel export sector as a Fulbright Scholar in Sri Lanka.

  1. Pearson/Prentice Hall Prize for Best Paper in Financial Management: Won with Mihir A. Desai the 2008 Pearson/Prentice Hall Prize for Best Paper in Financial Management for their paper (with James R. Hines Jr.) "Dividend Policy inside the Multinational Firm" (2007).

  2. Michael Brennan Best Paper Prize: Runner up for the 2009 Review of Financial Studies-Michael Brennan Best Paper Prize for his paper with Mihir Desai and Kristen Forbes, "Financial Constraints and Growth: Multinational and Local Firm Responses to Currency Crises" (November 2008).