FIGHTING CORRUPTION IN BUSINESS: INTERNATIONAL LEGAL ASPECT

Kobec P.N.

All-Russian Research Institute of the Ministry of Internal Affairs of the Russian Federation (Moscow Russia), chief researcher, center for organizational support of scientific activity

Krasnova K.A.

the North-West Branch of the Russian State University of Justice (St. Petersburg, Russia), associate professor, department of criminal law

Annotation:

Corruption has been conceptualized as corruption in the political, legal, media and business systems. This study examines the relationship between corruption and business. Certain international organizations recognize that corruption and bribery are detrimental to business integrity. The authors recognize anti-corruption management control as an essential part of day-to-day management as an effective measure to prevent bribery.

The subject of the research is business principles, as well as existing theoretical and legal positions regarding such a legal category as bribery in relation to the field of international business. The purpose of this study is to study existing approaches to defining corruption in international business and the role of business principles in its prevention. In the article, the authors reveal the global business principles of combating corruption, as well as the practice of their implementation in the activities of individual companies.

Based on an in-depth review of international anti-bribery business principles, the authors conclude that their implementation allows it to compete and trade fairly around the world, supporting investment and economic growth, and helps to combat corruption crime domestically and international levels. The implementation of internationally developed universal anti-bribery business principles contributes to maintaining the reputation of a good company, regardless of its field of activity.

Keywords:

anti-corruption policy; business principles; corruption; digital transformation; international law.