Template-type: ReDIF-Paper 1.0
Author-Name: Filippov, Sergey
Author-Email: s.filippov@tudelft.nl
Author-Workplace-Name: Faculty of Technology Policy and Management,
	 Delft University of Technology
Title: Russia's emerging multinational companies amidst the global economic crisis
Abstract: Internationalisation of Russian companies has become a distinctive 
	 phenomenon and has drawn attention of scholars, practitioners and 
	 policy-makers alike. Newly emerged Russian companies have extended their 
	 presence from the nearest former Soviet republics to the advanced 
	 markets of Western Europe and Northern America. As most companies in the 
	 world, in 2008-2010, Russian multinationals faced the global economic 
	 meltdown. Despite the broad interest in this topic, its scholarly 
	 examination remains limited so far. This is precisely the objective of 
	 the paper. It analyses the impact, effects and consequences of the 
	 global economic crisis on international activities and 
	 internationalisation strategies of emerging Russian multinationals. The 
	 study combines quantitative and qualitative methods. Available secondary 
	 data from international financial and business databases and reviews is 
	 used. To broaden the insight gained through these quantitative analyses, 
	 the paper also present qualitative data - several practical examples of 
	 Russian multinationals' responses to the crisis. Further, the interplay 
	 between foreign expansion and the Russian government's policies is 
	 explored. A number of conclusions are derived.
Classification-JEL: F01, F21, F23, G01, G34
Keywords: global crisis, outward foreign direct investment, acquisitions,
	 strategy, emerging multinationals, Russia, corporate governance 
Series: UNU-MERIT Working Papers
Creation-Date: 2011
Number: 2011-003
File-URL: https://unu-merit.nl/publications/wppdf/2011/wp2011-003.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2011003