Registration Number
2118U007146, Article
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Текст
Title
Code of ethics for SMEs: substantiating the necessity and willingness to implement in Ukraine (AI translated)
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Britchenko Igor
Antoniuk Larysa
Polishchuk Yevheniia
Rudyk Nataliia
Sybirianska Yuliia
Britchenko Igor
Antoniuk Larysa
Polishchuk Yevheniia
Rudyk Nataliia
Sybirianska Yuliia
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30-07-2018
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Ужгородський національний університет
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https://dspace.uzhnu.edu.ua/jspui/handle/lib/19987
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LLC “Consulting Publishing Company “Business Perspectives”
Description
The article substantiates the necessity of development and implementation of ethical
rules of doing business into the business practices of small and medium enterprises.
Particular attention is paid to business entities in Ukraine as a country with one of the
highest levels of shadow economy. The two-level structure of SMEs’ Code of Ethics designed
by the author is being presented, which is based on the following key concepts:
transparency of business entities activity, partnership integrity, environmental and social
responsibility, which are interrelated and reflected in the individual modules of
the Code.
The article presents the results of approbation of the author’s Code of Ethics for SMEs.
The approbation is based on a personal and interactive questionnaire about the readiness
of Ukrainian SMEs representatives to introduce ethical norms into their activities.
The authors determined that Ukrainian SMEs are not well-informed about possible
positive effects from following norms and rules in business, in particular, in terms of
improving the business climate in the country, increasing the investment attractiveness
of the economy as a whole and economic entities in particular, simplifying the access
to financial and credit instruments.
The survey and questionnaire of Ukrainian SMEs confirmed the need for the development
and implementation of the business Code of Ethics norms, as well as potential
demand for it. The respondents recognize the importance of certain international
ethical rules in conducting business, which may contribute to attracting investment in
Ukraine; however, this is not the only factor affecting the investment attractiveness of
domestic business. It is substantiated that the business climate improvement is a complex
issue, and the Code of Ethics, in this context, creates the opportunities of guiding
and encouraging participants to the active influence on the business environment: to
declare zero tolerance to corruption and to form and to maintain clear position in
interactions with the public authorities.
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2026-06-13
