Impact of the 2020 Crisis on the Firm Financial Performance Used in Transfer Pricing Methods on the Example of Companies in Russia

Graduate work on the topic "The impact of the 2020 crisis on financial indicators used in transfer pricing methods, using the example of companies in Russia". Keywords: Covid-19, the crisis of 2020, transfer pricing, panel regression, the profitability of companies. The object of the study is Russian companies. The subject of the study is the profitability of Russian companies used in transfer pricing methods. The aim of the work is to quantify the impact of the crisis on the profitability of companies used in transfer pricing methods using panel regression models. In our work, we distinguish two research questions: 1. What financial indicators used in transfer pricing methods should be considered in the context of the 2020 crisis? 2. Did the presence of the crisis in 2020 have a statistically significant impact on the profitability of companies used in transfer pricing methods? The work consists of an introduction, two chapters, a conclusion, a list of references and an appendix. The introduction describes the background of the research, reveals the relevance of the chosen topic, sets the objectives and goals of the research. It also explains the practical significance and scientific novelty of the research and provides definitions of key terms. The first chapter sets out the theoretical and methodological foundations of transfer pricing and describes the difficulties of using transfer pricing methods in 2020. In addition, this chapter compares the crisis of 2020 with the crisis of 2008 and describes models for quantifying the impact of the crisis on the financial performance of companies. In this chapter, we have answered the first research question and identified which financial indicators used in transfer pricing methods should be considered in the context of the 2020 crisis. The second chapter describes the methodology of the study: the data on the basis of which the study is conducted, their sources, the hypotheses formulated, the panel regression models created, and their results. In this chapter, we answer our second research question - whether the presence of the 2020 crisis had a statistically significant impact on the profitability of companies used in transfer pricing methods. The chapter also describes the adjustment of the profitability intervals of companies developed on the basis of the results of an econometric study, taking into account the impact of the crisis in 2020 for different sectors of the economy. In the end, the conclusions made on the basis of the results of the study are presented, as well as the practical significance of the work performed.