One in four Russian companies dissolves due to the civil servants' and regulatory and supervisory agencies employees' corruption. The officials take advantage of their power, opportunities, and official status in order to extort money from the novice businessmen. Such kind of public officers is the major obstacle to small and medium business development. According to the Russian Union of Industrialists and Entrepreneurs (RSPP), 1 out of 7 start-ups cannot stand the corruption test. That was proved by the research held by the RSPP and KPMG. Alexander Shokhin, the RSPP President, announced the survey results. The poll showed that more than a third of Russian and foreign investors think that corruption is one of the factors affecting the investment volume and determine the future of the business in general. Last year there were several big bribery scandals in Russia. The UBS and Campden Research survey 2012 revealed that 55% of polled businessmen are confident that corruption acts as a brake on the Russian economy. Despite the fact that many foreign investors notice the small improvement on this matter, most of them prefer setting up their enterprises upon getting unofficial approval of the local government and securing its support.