ISSN (print) - 0131-7652

ISSN (online) - 2686-7605

Vol. 54 No. 1 (2024)
MONITORING OF ECONOMIC TRANSFORMATION

Foreign Companies in the Russian Economy after the Start of the Special Military Operation

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  • D.О. Egorov,
  • D.I. Chaturova
D.О. Egorov
Kazan Federal University
D.I. Chaturova
Kazan Federal University
DOI: https://doi.org/10.30680/ECO0131-7652-2024-1-72-95

Published 2024-02-06

Keywords

  • foreign companies in Russia; transnational corporations; TNCs; sanctions; sanctions policy; asset confiscation; consequences of the SMO; unemployment in Russia

How to Cite

1.
Egorov Д, Chaturova Д. Foreign Companies in the Russian Economy after the Start of the Special Military Operation. ECO [Internet]. 2024 Feb. 6 [cited 2024 Dec. 22];54(1):72-95. Available from: https://ecotrends.ru/index.php/eco/article/view/4705

Abstract

The authors endeavor to assess the scale and specifics of foreign companies’ withdrawal from the Russian market after the start of a special military operation. For this purpose, using the polychoric linkage indicator, the impact of quantitative indicators of Russian divisions of companies (size of assets and capital, number of employees, etc.) on decisions to leave or reduce operations was assessed. Examples of the impact of reputational risks on the activities of foreign firms in our country were considered, as well as the role of sanctions pressure on them. The activities of TNCs with different operating statuses in the Russian economy after the start of the SMO were analyzed. The response of the Russian government was identified as one of the factors making it difficult for a company to leave Russia and examined in more detail. An attempt has been made to assess the economic consequences of foreign companies’ departure.
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