Analysis of Moral-and-Ethic Business in Russia

Yu. G. Chernysheva, G.I. Shepelenko
European Research Studies Journal, Volume XX, Issue 1, 311-318, 2017
EOI: 10.11214/thalassinos.20.01.030

Abstract:

The article studies the significance of corporate social responsibility. The authors have chosen aspects of social-and-ethic business as an object of the research. They identify the features of the development of Russian business in the area of moral-and-ethic aspects. The authors also have justified the necessity of forming corporate social responsibility taking into account moral-and-ethic principles. The authors have made the conclusion that an entrepreneur must understand that the compliance with the standards of moral-and-ethic business is the only possible mitigation of conflict of interests of the entrepreneur and the interests of the employee. The authors have suggested forming Russian model of moral-and-ethic business requiring an active role of the state in economic and social spheres combining employees’ commitment in their performance and moral-and-ethic responsibility of the entrepreneur.


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