Social efficiency of small and medium-sized businesses in the context of sanctions pressure

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Abstract

The article examines the social effectiveness of small and medium-sized businesses in the context of economic sanctions. The analysis of the impact of sanctions on the operational activities of small and medium-sized businesses is carried out, as well as the change in their social role during the period of sanctions pressure is considered. The study examined entrepreneurs’ perception of economic sanctions and adaptation strategies. A consumer survey was conducted to assess the changing social role of small and medium-sized businesses before and after the imposition of sanctions. Data on the dynamics of employment in the small and medium-sized business sector have been collected and analyzed.

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About the authors

Anatoly V. Denikin

Financial University under the Government of the Russian Federation

Author for correspondence.
Email: andenikin@yandex.ru
ORCID iD: 0000-0002-2466-0703
SPIN-code: 4127-7164

Dr. Sci. (Philos.), Professor; Professor, Department of Sociology

Russian Federation, Moscow

Pavel V. Razov

Financial University under the Government of the Russian Federation

Email: pvrazov@fa.ru
ORCID iD: 0000-0003-2714-8622
SPIN-code: 9488-2829

Dr. Sci. (Sociol.), Professor; Professor at the Department of Sociology of the Faculty of Social Sciences and Mass Communications

Russian Federation, Moscow

Alexandra L. Andrushchenko

Financial University under the Government of the Russian Federation

Email: alexandralavrentevna@gmail.com
ORCID iD: 0000-0002-5469-359X
SPIN-code: 9333-9609

Faculty of Social Sciences and Mass Communications

Russian Federation, Moscow

References

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  3. Pivovar B.B., Pirogova O.E. Adaptation of small and medium-sized businesses in conditions of increased volatility of the business environment caused by the pandemic. Theory and Practice of the Service: Economics, Social Sphere, Technology. 2020. No. 4 (46). Pp. 5–10. (In Rus.)
  4. Pylin A.G. Features of the development of the export potential of high-tech small and medium-sized enterprises in Russia under sanctions. STAGE: Economic Theory, Analysis, Practice. 2022. No. 5. Pp. 27–41. (In Rus.)
  5. Smirnov E.N. Evolution of the international practice of applying anti-Russian economic sanctions. Russian Foreign Economic Bulletin. 2022. No. 4. Pp. 7–35. (In Rus.)
  6. Smorodinskaya N.V., Katukov D.D. Russia under sanctions: The limits of adaptation. Bulletin of the Institute of Economics of the Russian Academy of Sciences. 2022. No. 6. Pp. 52–67. (In Rus.)

Supplementary files

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1. JATS XML
2. Fig. 1. Employment in small and medium-sized businesses

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