1. Significance of social responsibility in business activities Corporate social responsibility is a process of making decision taking into account social and environmental consequences of business activities which are based on the respect to employees, consumers and care about the environment. In scientific researches the concept of corporate social responsibility is described as a mechanism of the cooperation between an employee and a entrepreneur, as an important tool of solving social economic problems of market economy, in which both the entrepreneur and the staff are interested. This concept suggests the search for new ways of its implementation, understanding business position, working out recommendations on the dynamic development of business activities (Arslan-Ayaydin et al., 2014; Giannarakis, 2016; Thalassinos et al., 2013). Corporate social responsibility involves not only the improvement of technical-and-economic indexes but the use of social labour reserves, social and personal reserves, creative reserves. The term of corporate citizenship has arisen from a number of different standards related to the environment pollution, labour safety, and business issues in the developed countries. This has happened as a result of labour disposal within the context of recognizing the scarcity of labour, self-removal of an employee from business activity, from participation in the search for new ideas concerning labour and production management. Such changes appear more and more in modern business (Savina, 2016; Rusanov et al., 2015). Corporate social accountable activity obtains both legal and moral-and-ethic criterion which are the business ethics for any person doing business within the terms of market economy. Ensuring social-and-economic justice in business should be considered as the top criteria of social-and-ethic business. In market economy there is always a very complicated situation: there is business freedom for entrepreneurial people, i.e. energetic, resourceful, shrewd and decisive founders of a business. However, entrepreneurship does not suggest developing morally psychological qualities of an entrepreneur: there is bribery, theft, financial fraud, violation of labor legislation which appears in entrepreneurial society (Averina et al., 2016; Hamid and Won Kie, 2016; Novokreshchenova et al., 2016). As the opportunities of entrepreneurship are so essential and the consequences are so promising for an entrepreneur they have become the main constituent of market economy (Keisidou et al., 2013; Havlicek et al., 2013). The purpose of this paper is to work out the recommendations on developing social-and-ethic side of Russian business based on the fact that having recognized future prospects of business activities a Russian entrepreneur infringe the rules of a morally ethic person, and the disobedience of such norms is the only way to mitigate the conflict of interests between the entrepreneur and the staff. To achieve the set purpose and to find the solution of the defined scientific problem is possible due to identifying the features of developing moral-and-ethic business in Russia, establishing the principles of Russian model of moral-and-ethic business. Entrepreneurship is justified to the extent in which it provides accruing economic and social results of business performance, though, without infringement upon employees' interests. In Russia the established production relationships and management mechanism have created the environment in which an employee is just forced to follow the employer's dictate because of the situation on the employment market and the lack of the state and labour unions monitoring compliance with Labour Code of the Russian Federation. 2. Characteristics of moral-and-ethic constituent of Russian business There are different opinions on corporate social responsibility in market economy. We point out the problems of monitoring compliance with Labour Code of the Russian Federation--the compliance with the obligations given to the staff, the ban on child labour, provision of health and safety at workplace, i. …