Ethics has been a significant concern in the management literature and rece
nt efforts have investigated ethical orientations across culture. However,
little, if any, work has looked at ethical orientations among entrepreneurs
and managers in the transforming Russian economy. This study surveyed the
ethical orientations of Russian owner-managers (n=194) involved in entrepre
neurial and privatisation activities. A cross-cultural comparison to US nor
mative responses found no difference in Machiavellian orientation in genera
l, though female Russian entrepreneurs perceived themselves as more likely
to engage in opportunistic behaviour. Additionally, Russian entrepreneurs i
n general perceived themselves as more ethically rigid. These respondents a
lso felt Russian organisations fostered more interpersonally collective but
structurally opportunistic organisational climates.