Russia-Ukraine Conflict and Operational Cost Dynamics of Agribusiness Firms: Empirical Evidence from Egyptian Listed Firms

Eltambolya, Nayera Abdeldayem; Hassanin, Magdy Abdel Elghany; Abdallaha, Maysa Ali M.

doi:10.21608/abj.2025.454099

Russia-Ukraine Conflict and Operational Cost Dynamics of Agribusiness Firms: Empirical Evidence from Egyptian Listed Firms

المؤلفون

¹ Lecturer of Accounting ،Accounting Department Faculty of Commerce،Tanta University،Egypt

² Teaching Assistant ،Management Department Faculty of Commerce،Tanta University،Egypt

³ Lecturer of Accounting ،Accounting Department Faculty of Commerce،Tanta University، Egypt

10.21608/abj.2025.454099

المستخلص

Purpose - This study aims to investigate the impact of the Russia-Ukraine conflict on operational cost dynamics within Egyptian agribusiness firms during heightened tensions from 2020 to 2025.
Methodology - The study employs a Unit Root Test to examine the behavior of variables over the study period and a fixed-effects regression model to assess the effect of disruptions caused by the Russia-Ukraine conflict on the internal cost structure of the Egyptian listed agribusiness firms.
Findings - The results reveal that, beyond technological constraints, surging global wheat, fuel prices, and exchange rate fluctuations, driven by the Russia-Ukraine conflict, significantly increase operating costs in agribusiness firms, contributing to notable cost distortions.
Limitations—Reliance on financial reports as the primary data source for obtaining operating costs presents a key limitation, which may not fully capture all relevant cost components. A more comprehensive analysis would require supplementary data from management through case studies or surveys. However, the study’s reliability is bolstered by a rigorous methodology, including robust variable identification.
Practical Implications - Effective management of the disruptions caused by the Russia-Ukraine conflict is critical for mitigating their severe impact on the operations of Egyptian agribusiness firms, ensuring the resilience of this vital agribusiness sector.

الكلمات الرئيسية