Abstract
The article considers behavior patterns of Russian firms before and during the financial crisis of 2008-9. Three main groups of actors in the Russian economy are defined at the firm level: large politically connected companies; mid-size firms that have grown in the 2000s decade with administrative support; successful mid-size firms that have expanded using market factors. Explanations are given for overly risky financial policy and decreased efficiency of large companies before the crisis. Forms of opportunistic behavior of managers and owners of Russian companies during the crisis are analyzed. Some policy implications (focusing on the support of successful mid-size firms driven by market factors) are proposed.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
