The almost 1,000 companies that have opted to pull out of Russia following its unprovoked invasion of Ukraine are not just benefiting from a reputational boost. They are also being rewarded by financial markets, while those who remain behind are being punished.That’s according to a new report from Yale Professor Jeffrey Sonnenfeld and his research team at the Yale School of Management. The team has been monitoring almost 1,300 companies that do business in Russia and has kept a list to highlight the decisions companies have made about staying or leaving since the start of the war on Feb. 24.

Companies that exited Russia after its invasion of Ukraine are being rewarded with outsize stock-market returns, Yale study finds — and those that stayed are not – MarketWatch