The purpose of this study is to determine the influence of counterparties on the formation of an enterprise’s social capital, which is a component of measuring its value. The size of social capital is the result of the synergistic effect of all its components, namely, trust, social networks, and social norms. In this research study, the components of social capital in an enterprise are estimated to be part of the relationship with the stakeholders of the enterprise, including counterparties. Liquidity and financial stability are the criteria for choosing counterparties and for assessing cooperation prospects with them. Additionally, there are rating organizations such as Transparency International Ukraine, whose 2016 results were taken as a basis for the selection of research objects. Organizational transparency and disclosure of data indicate the intention of a company to be open to stakeholders at all levels to increase their confidence. Thus, the level of transparency of activity and the stability of the social network are interdependent. This study examines and analyzes the cooperation of enterprises with other stakeholders to determine its impact on the formation of the social capital of enterprises. The results will provide a basis for the development of a social capital assessment method.

The article is devoted to the study of hybrid warfare, as well as its influence on the reflection of business transactions in the accounting system. The study was conducted using the following research methods: analysis; synthesis; logical method; systematization, comparison, generalization, historical method. As a result, the features inherent in modern hybrid wars, including Ukrainian-Russian, as well as the specifics of accounting that arise during hostilities with emphasis on accounting features in enterprises whose assets were under the direct influence of hostilities, in particular, in the uncontrolled territories of Luhansk and Donetsk regions of Ukraine.

This paper explores the influence of traditional and ESG stock market indices on a country’s net international investment position. To do this, different methods, including ANOVA analysis, multiply regression analysis, correlation analysis, VAR-analysis and R/S-analysis, as well as the Granger causality test, are applied to quarterly data on the net international investment position, traditional and ESG indices from Finland, Sweden, France, Spain and Ukraine over the period 2005–2021. The results of descriptive statistics show that ESG indices are more volatile than traditional, but these differences are statistically insignificant according to ANOVA analysis. Correlation analysis provides direct evidence that ESG indices are highly correlated with their traditional analogues (correlation level varies from 0.88 to 0.96). Regression analysis results show that traditional and ESG stock market indices have no significant impact on the net international investment position. ESG stock market indices and net international investment position data are persistent, and autoregressive models can be applied to these data sets. On average, Hurst exponent is above 0.75 for the case of ESG indices and above 0.85 for the net investment position. This paper provides recommendations to improve the responsible investment framework. Acknowledgment Alex Plastun gratefully acknowledges financial support from the Ministry of Education and Science of Ukraine (0121U100473).

Global issues of the modern world related to environmental pollution, climate change, military conflicts, epidemics, social inequality have recently exacerbated. The existence of these issues and the need for their solution affect the policies of countries, enterprises, as well as economic and social development. Society gradually begins to realize the need for responsibility towards the environment, to create the necessary conditions for sustainable development of the world. Due to these circumstances, financial mechanisms are needed to ensure sustainable economic development, social integration and economic interests. Socially responsible investment (SRI) is one of such mechanism that emerged as an independent branch of investment activity in the second half of the XX century. The authors analyze the features of SRI. In particular, the article analyzes the main trends of SRI both globally and in Ukraine, taking into account the hybrid war. The existing methods of quantitative and qualitative estimation of social investments of the enterprise have been investigated.

Aspects of digital transformation as a part of Industry 4.0 are analyzed. The sharing economy and sharing platform development are shown through a historical retrospective. Characteristic features of current changes in economic development related to the global industrial Internet infrastructure, big data, cloud technologies, artificial intelligence are noted. The importance of the components of social capital for the construction of a horizontal network of stable relationships is investigated. The most popular types of sharing economy are presented. The results of a survey among participants in the program «Norway-Ukraine. Professional Adaptation. Integration into the State System» are analyzed. This program takes a course on starting your own business. The purpose of the survey was to determine the importance of the components of social capital for starting your own business and the ability to build a sharing business. The results of the survey show a low level of trust, weak partnerships, and a reluctance to cooperate with government institutions. The survey showed critical points that need to be quickly fixed for socio-economic development and social capital building. Further development of the sharing economy depends on the effective use of online platforms. The article clarifies the essence and features of the sharing economy. Modern online network platforms and gives their classification are considered.