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All Journal Public Policy : Jurnal Aplikasi Kebijakan Publik dan Bisnis
Budi Santoso , Rizal
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Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Library & Information Science

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Impact Analysis of Russia’s Invasion of Ukraine on McDonald’s Operations in Russia Ernst, Dea Harmonita; Budi Santoso , Rizal
Public Policy Jurnal Aplikasi Kebijakan Publik dan Bisnis
Publisher : Lembaga Penelitian & Pengabdian Masyarakat (LPPM) STIA Said Perintah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51135/PublicPolicy.v6.i1.p83-94

Abstract

McDonald’s is a highly popular multinational fast-food company that has operated in Russia for over 30 years. However, following the Russia-Ukraine invasion, its operations became unstable, leading the company to decide to close its outlets and sell its business to local entrepreneurs. This decision was prompted by various factors, including community activism and international sanctions. Moreover, the company incurred significant financial losses due to the closure of its stores, totaling $1.4 billion. This study also investigates how McDonald’s adapted to the risk of brand dilution by rebranding as Vkusno i Tocha to protect its global image. Using a descriptive qualitative method with an analytical framework based on Nash Equilibrium theory and conflict theory. The result of this study; finds that McDonald’s acknowledged the need to withdraw from the Russian market due to the invasion and aimed to mitigate further negative impacts.
Co-Authors Ernst, Dea Harmonita