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Shareholder wealth created through equity gains far surpassed write-down costs, according to Yale researchers.
June 3, 2022
By: Lianna Albrizio
Associate Editor
Companies that exited Russia to protest The Ukraine War are getting rewarded. Since Russia's unprovoked invasion of Ukraine in February nearly 1,000 companies withdrew from the Russian market. They are benefiting from a reputational boost as well as being rewarded by financial markets. In contrast, companies that contjnue to conduct business in Russia are punished. That’s according to a new report from Yale Professor Jeffrey Sonnenfeld and his research team at the Yale School of Manageme...
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