Western multinationals’ Russian dilemmas
Staying in Russia carries risks. So does leaving
Doing business with an autocracy is always tricky. Doing business with a brutal warmongering one like Russia confronts bosses with unusually stark moral quandaries. They must juggle responsibility for their Russian employees and the well-being of Russian civilians, who may depend on Western-made basic goods, with their fiduciary duty to shareholders and the undesirability of funding Vladimir Putin’s war in Ukraine, to which any tax payments in Russia can be funnelled..
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This article appeared in the Business section of the print edition under the headline “Divestment dilemmas”
Business March 2nd 2024
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