Investment Attractiveness of Capital Markets: Trends in De-Shadowing Business Deals

The article considers the issues of de-shadowing investment agreements on capital market, in particular, stock market Ukraine. Peculiarities investing securities as financial assets and making investments with use are determined. Capital markets can develop investment-attractive systems. Common schemes non-transparent Ukraine revealed — to avoid taxation or so-called «tax optimization» business transactions withdrawal outside Ukraine; manipulation price insider information trading; issue formation authorized at expense technical securities; raider seizure enterprises illegal change owners. causal factor reproduction shadowing is existing economic organizational legal reasons that distinguish one, other there such motives greed, desire get rich quick, accumulation initial by any means. This irrational behaviour households corporations. It has been determined fraud a common crime market. Fraud manifested criminal offenses civil law violations shareholders’ rights. Insufficient efficiency regulatory institutions combat shadow economy one for spread latter. growing role state preventive regulation levelling risks turnover substantiated. substantiated state, represented authorities, should have expanded institutional instrumental capabilities prevent destabilization. Such opportunities achieved both increasing literacy investors prudent precautionary action. Foreign experience combating analysed. foreign countries much attention paid crime. Significant work this direction nature. Thus system prevention fictitious activity consists following structures: police bodies; specialized enforcement agencies; tax services; customs intelligence agencies. Reducing level will increase its attractiveness. positive consequences as: capitalization professional participants (institutional investors) their stability size capital, freely traded («free-float»); achievement / excess actual solvency margin over previous settlement. Protected legitimate provide income trusted not lower than inflation.