Firm Performance and Participation in Public Procurement: Case of Russia

Student: Askerzade Chinara

Faculty: International College of Economics and Finance

Educational Programme: Double degree programme in Economics of the NRU HSE and the University of London (Bachelor)

Year of Graduation: 2020

The aim of this work is to figure out how the firms participation in in public procurement effects its performance. The performance here is observed as the leverage of a firm, which is calculated as total assets on total liabilities. From the used literature we state the hypothesis that there is a positive relation between the firm’s performance and the its involvement in public contracts. Here we value the participation by the total sum of the government contracts. Nevertheless, from the explored data on Russian road construction firms we get that there is no correlation between company’s capital structure and the sum of government contracts.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses