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| ABOUT | ||
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| SMALL BUSINESS TRENDS brings you daily updates on trends that influence the global small business market. | ||
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Anita Campbell, Editor |
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| Past life: CEO, corporate executive, tech entrepreneur, retailer, general counsel, marketer, HR ... (more) | ||
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Small Business Trends Radio Tuesdays, 1:00 PM Eastern U.S. time on Voice America network Click to listen November 1st: Torsten Jacobi, CEO of Creative Weblogging, joins host Anita Campbell. Sponsored by Six Disciplines. Show details. |
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Thursday, October 30, 2003 | |
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Arbitrary Law Enforcement Hampers Small Business | |
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Small business in many parts of the world is hampered by corrupt legal officials or laws that are arbitrarily imposed.
The recent arrest of Russian business tycoon Mikhail Khodorkovsky is a high profile example of what small businesses face daily in countries where the law is for sale. Small business people in Russia and other countries say corruption and arbitrary enforcement of laws is one of the biggest drags on growth. Small businesses are particularly vulnerable because they lack the clout or funds to protect themselves from bribe-seekers and corrupt court decisions. According to Andrei Nasonov, head of Opora, a small business association in Moscow, "From the federal prosecutor to the local police, it's the same behavior: arbitrary interpretation of laws and violations of procedural norms." Wall Street Journal subscribers, read more in an article by Jeanne Whalen. |
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