The paper presents the estimation of sanctions influence on the results of domestic companies on the basis of spillover effects. It is shown that the strength of sanctions influence is mainly determined by the processing chain in terms of industry foreign trade relations structure. During the whole period under analysis (from 2005 to 2012) the companies’ earnings were influenced mostly by German investment (import, export and horizontal country spillovers are significant). Investment from China also affected national companies during the crisis of 2008-2009. Import-driven (productive) industries suffer from sanction regime that is confirmed by the significance of import and export spillover of FDI from the countries, which introduced the sanctions.
52ключевые слова:ключевые слова: бухгалтерская стоимость собственного капитала, денежный отток от операционной деятельности, долгосрочная задолженность компании, инвестированный капитал, собственный капитал, средневзвешенная стоимость капитала, стоимость капитала, структура капитала, финансовая устойчивость компании, финансовый леверидж, экономическая добавленная стоимость.
The authors of the article consider the problems of professional and personal competence development adequate to the digital economy challenges. They emphasized that it is necessary to shift the emphasis from obtaining only the knowledge component to a personality-oriented, developing cognitive activity in the traditional education system. The task of the modern education system should be to teach the listener to learn. As you know, the digital economy is based on the idea of transaction cost reduction because people are removed from value chains. Routine operations will be automated, and a number of professional activities will disappear. This will affect the labor market and its structure; in order to maintain his competitiveness, a person will have to look for a new application and complete his profile of professional competence quickly. In the age of innovation and rapid development of IT technologies, human capital will become the main economic resource of companies. It is the rational use of each person potential, the creation of conditions for his harmonious development that will determine a company competitive position in the market. The business community and the education system should become business partners that mutually influence each other in the context of digital transformation.
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