Analysis of moral-and-ethic business in Russia

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.

peer-reviewed