THE REACTION OF INDUSTRIAL COMPANIES TO CRISIS: CHANGES IN BUSINESS-MODEL AND STRATEGIC SUSTAINABILITY

Nowadays the changes in the geopolitical situation significantly affect the conditions for doing business in Russia. The article reviews the peculiarities of the development of Russian industrial companies and the subsidiaries of foreign companies, operating in Russia, in difficult economic conditio...

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Autor principal:	A. V. Stepanyan
Formato:	article
Lenguaje:	RU
Publicado:	Real Economics Publishing House 2018
Materias:	development of industrial companies complex economic conditions sanctions crisis strategic sustainability Risk in industry. Risk management HD61
Acceso en línea:	https://doaj.org/article/17c368eac6514290a1c6b33c3b7b3e3e
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spelling	oai:doaj.org-article:17c368eac6514290a1c6b33c3b7b3e3e2021-11-19T10:42:00ZTHE REACTION OF INDUSTRIAL COMPANIES TO CRISIS: CHANGES IN BUSINESS-MODEL AND STRATEGIC SUSTAINABILITY2618-947X2618-998410.17747/2078-8886-2018-3-114-125https://doaj.org/article/17c368eac6514290a1c6b33c3b7b3e3e2018-10-01T00:00:00Zhttps://www.jsdrm.ru/jour/article/view/789https://doaj.org/toc/2618-947Xhttps://doaj.org/toc/2618-9984Nowadays the changes in the geopolitical situation significantly affect the conditions for doing business in Russia. The article reviews the peculiarities of the development of Russian industrial companies and the subsidiaries of foreign companies, operating in Russia, in difficult economic conditions. The contemporary consequences of global financial crisis of 2008 with respect to the industrial sector of the economy are also reviewed. The author performed an empirical study of the question of whether the companies' sustainable survival in 2014–2016 was affected by the change in the business model and whether these changes were caused by the experience of the previous crisis. The study considered the differences in the behavior of foreign and Russian companies, and the strategies, that reduce the risk of default, are defined.A. V. StepanyanReal Economics Publishing House articledevelopment of industrial companiescomplex economic conditionssanctionscrisisstrategic sustainabilityRisk in industry. Risk managementHD61RU Strategičeskie Rešeniâ i Risk-Menedžment, Vol 0, Iss 3, Pp 114-125 (2018)
institution	DOAJ
collection	DOAJ
language	RU
topic	development of industrial companies complex economic conditions sanctions crisis strategic sustainability Risk in industry. Risk management HD61
spellingShingle	development of industrial companies complex economic conditions sanctions crisis strategic sustainability Risk in industry. Risk management HD61 A. V. Stepanyan THE REACTION OF INDUSTRIAL COMPANIES TO CRISIS: CHANGES IN BUSINESS-MODEL AND STRATEGIC SUSTAINABILITY
description	Nowadays the changes in the geopolitical situation significantly affect the conditions for doing business in Russia. The article reviews the peculiarities of the development of Russian industrial companies and the subsidiaries of foreign companies, operating in Russia, in difficult economic conditions. The contemporary consequences of global financial crisis of 2008 with respect to the industrial sector of the economy are also reviewed. The author performed an empirical study of the question of whether the companies' sustainable survival in 2014–2016 was affected by the change in the business model and whether these changes were caused by the experience of the previous crisis. The study considered the differences in the behavior of foreign and Russian companies, and the strategies, that reduce the risk of default, are defined.
format	article
author	A. V. Stepanyan
author_facet	A. V. Stepanyan
author_sort	A. V. Stepanyan
title	THE REACTION OF INDUSTRIAL COMPANIES TO CRISIS: CHANGES IN BUSINESS-MODEL AND STRATEGIC SUSTAINABILITY
title_short	THE REACTION OF INDUSTRIAL COMPANIES TO CRISIS: CHANGES IN BUSINESS-MODEL AND STRATEGIC SUSTAINABILITY
title_full	THE REACTION OF INDUSTRIAL COMPANIES TO CRISIS: CHANGES IN BUSINESS-MODEL AND STRATEGIC SUSTAINABILITY
title_fullStr	THE REACTION OF INDUSTRIAL COMPANIES TO CRISIS: CHANGES IN BUSINESS-MODEL AND STRATEGIC SUSTAINABILITY
title_full_unstemmed	THE REACTION OF INDUSTRIAL COMPANIES TO CRISIS: CHANGES IN BUSINESS-MODEL AND STRATEGIC SUSTAINABILITY
title_sort	reaction of industrial companies to crisis: changes in business-model and strategic sustainability
publisher	Real Economics Publishing House
publishDate	2018
url	https://doaj.org/article/17c368eac6514290a1c6b33c3b7b3e3e
work_keys_str_mv	AT avstepanyan thereactionofindustrialcompaniestocrisischangesinbusinessmodelandstrategicsustainability AT avstepanyan reactionofindustrialcompaniestocrisischangesinbusinessmodelandstrategicsustainability
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THE REACTION OF INDUSTRIAL COMPANIES TO CRISIS: CHANGES IN BUSINESS-MODEL AND STRATEGIC SUSTAINABILITY

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