The aim of the research is to develop a scientific and methodical approach, which consists in the timely identification of systemic risks connected with the legalization of the proceeds of crime, their formalization, assessing and monitoring in order to prevent these transactions occurrence. The article analyzes the state of the Ukrainian economy in terms of its level of shadow economy, the corruption index, and the amount of illegal withdrawal of funds from the country. The key ways and methods of money laundering in Ukraine are defined. The components of the process of illegal withdrawal of funds abroad have been studied as well as key drivers and methods of shadow economy have been identified. The theoretical foundations of the development of the of formalization and assessment model of systemic risks of hiding proceeds are highlighted. A model for assessment of the risk occurrence probability of the legalization of proceeds of crime is developed. The risk occurrence probability of the legalization of proceeds with the participation of Ukraine and partner countries was assessed.

To date, the promotion of local development of the territorial communities by means of the financial policy tools is one of the priority directions of scientific research not only in Ukraine, but also throughout the world. The article presents the results of the study of the impact of the participatory financing (attraction of the financial resources of community members, central and local budgets and the international donors) on the social capital of the territorial communities of Sumy region on the basis of the results of two phases of the project "Community-based Approach to Local Development", which has been implemented in Ukraine by the United Nations Development Program since 2007. The main purpose of the article is to confirm the hypothesis that the participatory financing contributes to the social mobilization of the community residents, which leads to the activation of the "dormant" potential of collective actions and the desire of people to help themselves, as well as to improve some indicators of social capital. The difference-in-differences method and the multivariate regression analysis were used for the study. According to the results of the study, the characteristics of social capital, such as (anti)paternalism, the presence of traditions in community, involvement in social activities, collective action and cooperation are the most affected by the impact of participatory financing.

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The paper is dedicated to identifying the role of stakeholders in implementing social and environmental responsibility of a company. A list of key stakeholders for corporate social and environmental responsibility is provided in the paper. An organizational and economic system for corporate social and environmental responsibility is described in the paper. The system includes a number of elements: diagnostic block, block of implementing measures of social and environmental responsibility of business, and block of social and economic transformations. The authors determined the interrelations in a system of implementing social and environmental responsibility of companies. Thus, a system of organizational and economic incentives for social and environmental responsibility of a firm is a cycle of mutual influence of corporate social and environmental responsibility and stakeholders.

The article is devoted to analysis of project management peculiarities in modern companies, taking the interaction with stakeholders into account. The focus is on the behaviour of stakeholders while implementating flexible project management methodologies, particularly for innovative projects. The authors made an analysis of the scientific approaches to defining the terms "project management" and "stakeholders". The authors explored the key mechanisms for stakeholder involvement in the development and implementation of projects of a modern company that implements the Agile methodology (particularly Scrum). The peculiarities of innovative projects, their main stages of development as well as involvement of stakeholders were considered in the paper. The analysis of stakeholders’ influence on the company’s innovative project activity was carried out. The mechanism of interaction between company and stakeholders in the aspect of innovative project activity was offered in the paper. This mechanism demonstrates to decision makers the importance of establishing interaction with company’s stakeholders in the context of its project activities (in particular, using the innovative Agile methodology). This created the background for further research and the formation of a more systematic understanding of the role of stakeholders in the innovative project management. The article focuses on local development projects aimed at implementing the strategic priorities of the territorial community and the relevant territory, and approved in the project part of the strategy. Recommendations were provided on ways to relieve project managers, speed up and optimize project activities, and minimize the risk of deadlines. The article also presents an expanded classification of stakeholders involved in the development and implementation of projects. In particular, the groups of internal and external stakeholders, primary and secondary stakeholder groups, regulatory, functional, diffuse groups and customer groups were studied. The normative, organizational, public and media groups, stakeholder groups in relation to the influence of power and levels of interest are singled out, and the corresponding grouping matrix is ​​given. Emphasis is also placed on the shadow stakeholder group, which functions as a regulator and is associated with political influence on the organization.