Adaptation of companies in the Republic of Karelia to the economic recession in Russia in 2014-2015

Автор: Timakov Ivan Vsevolodovich

Журнал: Economic and Social Changes: Facts, Trends, Forecast @volnc-esc-en

Рубрика: Regional economy

Статья в выпуске: 6 (54) т.10, 2017 года.

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Regional companies in Russia found themselves in unique conditions of negative consequences of sanctions and reducing resource revenues in resource-driven Russian economy. Regional companies are not ready to the new economic reality, which makes it a hallmark of the economic recession in 2014- 2015. Our study captures the reaction of regional companies to sharp market changes and selection of new adaptive patterns of behavior aimed at developing and sustaining business. The purpose for the study is to assess the impact of the economic recession in Russia in 2014-2015 on the adaptation of companies in the Republic of Karelia to recession conditions. The impact of events was recorded directly from the estimates and intentions of management in the process of conducting half-formalized in-depth interviews with companies' leaders. Based on the method of quota arrangement, we selected key stakeholder companies in 3 regions in the Republic of Karelia and made a list of special respondents occupying leading positions in the companies...

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Regional companies, stakeholders, economic behavior, crisis models, quality interviews

Короткий адрес: https://sciup.org/147223998

IDR: 147223998   |   DOI: 10.15838/esc.2017.6.54.13

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