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DESCRIPTION;ENCODING=QUOTED-PRINTABLE:BOFIT Seminar - Denis Davydov (Hanken School of Economics) - War, Ethics, and Business Strategy: Outcomes of European Firms’ Responses in Russia Co-authors: Shaker Ahmed (University of Surrey) and Laura Solanko (BOFIT) Abstract Since the imposition of increasingly tight economic sanctions on Russia, a large body of literature has focused on the sanctions’ effects on targeted firms or on the immediate market reactions on Western firms. Far less is known about foreign companies with subsidiaries in Russia. All foreign companies had to decide whether to leave or continue operations, and a large number of European companies decided to leave the Russian market.  However, surprisingly little is still known on how these strategic decisions affected corporate performance. Our study strives to fill in this gap by examining listed European companies that had direct presence in the Russian market prior to February 2022. Using data on non-financial companies spanning the period of 2010-2024 we examine how the performance of firms with direct exposure to the Russian market differed before and after 2021. =0D=0A Online BOFIT seminars are open to all researchers interested in the subjects covered. The seminar will be recorded and the recording will be shared only with registered participants. Those wishing to attend a seminar are kindly asked to register in advance, by filling in  the Online Registration Form. =0D=0A The registration for the seminar is open until 9:00 am the day of the seminar. You will receive a link to join the seminar by email at the latest one hour before the seminar is scheduled to begin. =0D=0A
DTEND:20260303T093000Z
DTSTAMP:20260213T042112Z
DTSTART:20260303T083000Z
LOCATION:MS Teams
SUMMARY:Denis Davydov (Hanken School of Economics) - War, Ethics, and Business Strategy: Outcomes of European Firms’ Responses in Russia
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