A comparative analysis of business corruption in Russia and China

Abstract: This paper is a comparative analysis of Russian and Chinese markets in terms of businesscorruption. This study is based on quantitative and qualitative case analysis and small surveysaccording to different criteria.The aim of this work is to find out the general feature of corruption and show main differencesand similarities on corruption practices in Russian Federation and People’s Republic of China. Along with the comparative study this paper also presents general overview on corruption fromhistorical point of view. The results of the analysis show the main characteristics of the corruption phenomenon in China and Russia according to popularity of corruptive behavior, typology of bribes, reasons forcorruptive acts, impact from different local cultures, such as “Guanxi” and “Blat”, and also thestructure of enterprises. We believe that our work may be proved useful for further researches on this subject, and alsohelp business managers to avoid disadvantages caused by lack of knowledge on corruptionphenomenon when doing business in Russia and China.