RETRACTED ARTICLE: Compliance as a Cost-Effective System of Interaction Between Business and Government
| Autor: | Nikolay I. Dorogov, Nazygul T. Batyrova, Ivan A. Kapitonov |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
Economics and Econometrics
Government business.industry Corporate governance media_common.quotation_subject Accounting Principle of legality General Business Management and Accounting Competitive advantage Compliance (psychology) Arts and Humanities (miscellaneous) Work (electrical) Business and International Management Business ethics business Law Reputation media_common |
| Zdroj: | Journal of Business Ethics. 174:485-485 |
| ISSN: | 1573-0697 0167-4544 |
| Popis: | At the present stage, it is becoming more and more important for large companies to maintain their own impeccable reputation. Western companies have been introducing and developing compliance systems for quite a long time, and now Russian companies are also concerned about the development of such systems. Compliance strengthens the company’s reputation, which gives it another competitive advantage in the market. The purpose of the article is to study trends and prospects for the development of compliance in Russia, the problems of its implementation in Russian companies. The paper provides a theoretical analysis of the concept and essence of compliance in the activities of companies, the features and components of compliance systems. Compliance systems and the work of compliance services were studied on the example of 50 large companies that were surveyed in March 2020. It was determined that less than half of the companies have such services; the full independence of such services is not always fully ensured; the capabilities of these services to perform compliance functions are not fully used and the most popular area of compliance is anti-corruption compliance. Prospects for further research are related to the study of the development of compliance in Russia, including the introduction of advanced foreign experience in Russian companies. The applied value of the material lies in the systematisation of information on the trends in the development of compliance in Russia at the present stage. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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