Western multinationals’ Russian dilemmas

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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..

When Russia invaded its neighbour two years ago Western companies’

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