This study is devoted to the influence of civil society on the behavior of international companies

present on the Russian market in connection with the Russian Federation’s unprovoked full-scale

invasion of Ukraine. The exit of foreign companies from the Russian market contributes to stopping

this military aggression. Companies staying in Russia, by stark contrast, are thereby latently

sponsoring the war. In order to influence this situation, a number of civil society initiatives have

been launched to change the behavior of companies operating on the Russian market. A number

of different models of corporate behaviour are presented in this study, including “warwashing”,

in other words, companies’ attempts to improve their reputation or mask their status as “sponsors

of war“.

The study uses open sources and databases, such as the Yale School of Management, KSE,

Stat Space, Statista, Vloomberg, YouControl, Moral Rating Agency, and materials from Forbes,

Reuters, the Financial Times, and the New York Times, as well as from the sites epravda.com.ua,

leave-russia.org, and squeezingputin.com.

This work will be useful to public activists, opinion leaders, business leaders, top managers, and

academics researching corporate ethics, as well as other interested parties.