Russia Sri Intro the Impact Introduction

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By using these as a channel through which to encourage and reward ethical business behavior, it may be possible to demonstrate the economic imperatives that underscore the demand for ethical codification in Russia. The discussion below seeks to support this claim by demonstrating the role already assumed by those SRI funds in operation. Particularly, it is incumbent upon us to attempt to measure the impact of existing SRI firms, no matter their scarcity, as a way of projecting the value of a larger SRI sector. Indeed, Wonderlich (2010) underscores this point, indicating that "the private sector must also play a more pro-active role in driving the anti-corrution agenda. First, companies must do not harm. They must manage their own conduct to make sure that their ethics and anti-corruption compliance programs are strong and effective." (Wonderlich, 2)

This promotes the main hypothesis of the research which is that SRIs have a unique capacity to promote ethical practice among Russian firms. This hypothesis is tested according to a literature review which investigates the parameters of business ethics and organizational theory and, subsequently, through the exhaustive case studies that are proposed hereafter. It is expected that the case studies would allow for a close analysis of the relationship between the SRIs identified as operating in Russia and the firms which they have selected to fund.

The firms selected for funding by the SRIs in question will dictate a great deal about the findings of our research, most notably by helping us to recognize the features of selected organizations that have qualified them for this funding.

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These features will be regarded as a template for constructing universal expectations of ethical business orientation amongst Russian business leaders. The intent will be to identify these features and connect them to certain economic prospects for the individual companies in question and for Russia as a whole.

As we proceed into this study, it is under the basis of several assumptions. Key among them is the assumption that Russia is in need of regulatory reform that might better govern the affairs of its private businesses. Second is the assumption that these reforms will not come from the government alone, which has proven incapable of reigning in the excesses created during its Soviet incarnation. Third is the view the SRIs can function as a positive surrogate to the ambitions of the government for greater control over the affairs of private firms. This drives us toward the next chapter of our research project, arming the proposal with the understanding that SRIs must ultimately be utilized to help distribute resources according to the capacity of recipients to bring the greatest good to the Russian economy. Therefore, the research will be intended to demonstrate that the dynamic of factors delineated here will ultimately render the SRI as a suitable catalyst to shift Russian privateers toward positive ethical business practices in the interests of profitability and sustainability.

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