Economics

Change Management in Russian Oil and Gas Industry Amidst the COVID-19 Pandemic: The Impact of Tax Incentives

A. 1. Name and A. 2. Name

This fascinating research conducted by Author 1 Name and Author 2 Name reveals how tax incentives propelled Russian oil and gas companies to adapt more swiftly to the challenges of the COVID-19 pandemic than the pandemic itself did. Discover the implications of extending such incentives to other sectors for enhanced resilience against future crises.

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Playback language: English

Index

Abstract

This paper investigates the impact of tax incentives on the readiness of Russian oil and gas companies to adapt to change during the COVID-19 pandemic. Using a Difference-in-Differences (DiD) method, the study finds that tax incentives significantly increased the oil and gas industry's readiness for change, exceeding the impact of the pandemic itself. The authors recommend extending similar tax incentives to other sectors of the Russian economy to stimulate broader change management and enhance resilience to future crises.

Publisher

Humanities and Social Sciences Communications

Published On

Apr 21, 2022

Authors

Author 1 Name, Author 2 Name

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