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Involvement in Globalization Processes and it's Impact on Financial Results of Firms

Student: Akramova Guzel

Supervisor: Boris Kuznetsov

Faculty: Faculty of Economic Sciences

Educational Programme: Applied Economics (Master)

Year of Graduation: 2019

Nowadays development of the international economic relations is influenced by increasing globalization processes. This study is devoted to the analysis of the impact of various indicators of globalization on the financial results of firms. We use newly available data from the survey "Russian enterprises in the global economy" in 2018 (HSE IAPR) to investigate the relationship between globalization and firm performance, using the methods described in the foreign literature. The results of empirical analysis showed that the indicators of globalization of the company chosen by us, such as export activities, export level and intensity, import and foreign owner, do not have a significant impact on the profitability of the company.

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