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Dirk Matten, Associate Dean Research, Professor of Sustainability, Hewlett-Packard Chair in Corporate Social Responsibility, Schulich School of Business, York University, Canada

Companies leaving Russia are caving to public pressure, not actually making a difference

A closed Mango store in a shopping mall in St. Petersburg, Russia. The company temporarily suspended operations in Russia in March to protest the invasion of Ukraine, joining a global corporate boycott against the country. (Shutterstock)

This week, McDonald’s announced its final exit from Russia, making it one of almost 1,000 western companies that have partly, or entirely, ceased operations in Russia. They did so, not just to comply with sanctions, but as a voluntary reaction to the war.

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