Good Business

The Viral List That Turned a Yale Professor Into an Enemy of the Russian State

Jeffrey Sonnenfeld has assigned grades to 1,400 companies and, in the process, highlighted the economic costs of sanctions.

Photographer: Illustration: C.W. Moss for Bloomberg Businessweek
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Jeffrey Sonnenfeld woke up to a bit of encouraging news one day last summer: He was officially an enemy of the state. The Russian state, that is. A professor at Yale University’s School of Management, he had inserted himself into that country’s war with Ukraine by creating a global list of foreign companies that trade in Russia. Sorted by the extent to which businesses have retreated Russia since its invasion, the list assigns grades to almost 1,400 of them, from an A for complete withdrawal to an F for what Sonnenfeld calls “digging in.” His directory quickly became a cudgel against companies stubbornly holding fast and counting their rubles—and a long stick to poke the Russian bear. It’s also elevated a mild-mannered business professor famous in management circles into an unusually influential role in the campaign to bring President Vladmir Putin’s would-be resurrected Russian Empire to heel.

Now Sonnenfeld found himself among 25 American policymakers and academics added to a Russian “stop list” who are barred from entering the country. First Lady Jill Biden led the list, but Sonnenfeld notes, with a wry smile, that as the sixth name, “I’m higher than Mitch McConnell.”