Corruption Combating in Newly Created Small-Sized Enterprises

The article reviews the problem of the impact of corruption on activities of small- and medium-sized business and the need for introduction of the system of anti-corruption compliance to minimize corruption-related risks. The paper analyzes the existing international standards such as ISO 37001 and their applicability in the conditions of the Russian Federation. Special attention is paid to foreign practices that show the need for introduction of obligatory anti-corruption compliance on the legislative level. The article proposes key measures aimed at prevention of corrupt practices including internal control systems, verification of contractors and training of employees. The author also studies corruptionassociated risks for young companies and suggests methods to lower such risks on the initial activity stages.