Subject The article deals with the issues of sanctions against Russia and their impact on the economy of Russian domestic enterprises, since various analysts call them the reasons for a dramatic reduction in the interest of investors to the country, e.g. UNCTAD/TDR/2015. Objectives The aim of the study is a quantitative assessment of the consequences of sanctions for domestic enterprises. Methods For the study, we used the methods of logical and statistical analyses. The analysis of financial statements of companies, totally amounted to 744 741 observations, was an empirical base of the study. Results We found that companies with foreign direct investment are more productive. However, they are much more vulnerable to the outflow of foreign investment, as a result of the sanctions, which have caused the outflow. Conclusions We conclude that from now onwards, Russia should seek new ways of attracting foreign direct investment from friendly countries, for example, from the ones within the BRICS association, as well as develop own technology and manufacturing to reduce the dependence on investment from other countries.
Keywords: foreign direct investment, sanctions, assessment, efficiency, Russian company
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