title: The impact of economic sanctions on firm performance: Perceptions of Russian SME managers
metadata.name: dc.contributor.author
metadata.value: Golikova, V. V.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2024-07-03T21:19:10Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2024-07-03T21:19:10Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2023-12
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Golikova V. V. 2023. The impact of economic sanctions on firm performance: Perceptions of Russian SME managers. Russian Management Journal 21 (4): 552–578. https://doi.org/10.21638/spbu18.2023.405
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu18.2023.405
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/45672
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: Goal: drawing from resource-based and institutional perspectives, the Russian sanctions/
  countersanctions are studied as a context of enduring economic-political turbulence for
  small- and medium-sized enterprises (SMEs) managers following external shock for Russian
  economy after first wave of sanctions in 2014 which affects firm performance through
  resource availability changes and (enforced) adjustments of strategic resources.
  Methodology: logit models are estimated for 972 SMEs within the sample of more than
  1 700 manufacturing firms in Russia that are no direct targets of the sanctions. Crosssectional
  survey data collected in 2018 are used to evaluate the sanctions’ effect represented
  in the perceptions of SME managers about their firm performance. Findings: sanctions
  decrease the value of the firms’ resource combinations and force SMEs to bear adjustment
  costs. SMEs that are limited in their resource availability find it burdensome to derive
  adjustment strategies through resource re-allocations. All else equal, the technologically
  advanced SMEs perceive a deteriorated performance, while SMEs with domestic and
  international partnerships and young firms remain more optimistic. Counter sanctions helped
  to mitigate the burden of deteriorated business environment. Originality and contribution
  of author: the paper contributes to understanding of sanctions’ effect for firms that are
  not direct target of sanctions, which amends the existing macro-level and sectoral studies
  on the effects of economic sanctions with a more nuanced micro-level exploration taking
  into account heterogeneity of firms’ response to sanctions shock.
metadata.lang: en_GB
metadata.name: dc.description.sponsorship
metadata.value: This article is an output of a research project implemented as part of the Basic Research Program at the
  National Research University Higher School of Economics (HSE University).
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Russian Management Journal;Volume 21; Issue 4
metadata.lang: -
metadata.name: dc.subject
metadata.value: economic sanctions
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: SMEs
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: manufacturing
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: resource availability
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: resource adjustments
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: strategic resources
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: The impact of economic sanctions on firm performance: Perceptions of Russian SME managers
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 05.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/45672/1/05.pdf
resources.format: Adobe PDF
resources.size: 1 MB