Actual problems of innovative economy and law

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Institutional basis for the participation of agricultural companies in international capital markets

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УДК: 338.43:336.76

DOI: https://doi.org/10.36887/2524-0455-2025-6-22

Anzin Roman,
Postgraduate,
National Scientific Centre “Institute of agricultural economy”
https://orcid.org/0009-0005-5570-5133

Published: 27.11.25

The purpose of this work is to study the institutional mechanisms and elements that ensure the participation of agricultural companies in international capital markets, analyse the institutional component structure, and identify key instruments for integrating Ukrainian agricultural enterprises into the global financial space. For the purposes of the study, the methods of system analysis, structural-functional analysis, comparative analysis, institutional analysis, graphical analysis, and generalization were used. It was established that institutional participation is a complex multilevel system of interaction between economic, legal, regulatory, and organizational-informational mechanisms. Ten key components of the institutional structure were identified: the global institutional environment; regulatory and legal institutions; institutional compliance; corporate governance; financial infrastructure; institutional financial organisations; organisational and information institutions; behavioural institutions; the internal institutional ecosystem; and the performance block. It has been found that international capital markets function as networks, requiring agricultural companies to strategically align with global capital requirements. Key institutional elements have been identified: regulatory and legal support, standardisation of financial information through IFRS/ISA, corporate governance, access to institutional financial infrastructure, and interaction with international financial institutions. Five groups of institutional instruments have been systematised: regulatory standards, instruments of international financial organisations, market financial instruments, ESG and sustainable development instruments, and risk guarantee instruments. It has been determined that effective participation requires comprehensive institutional adaptation, including compliance with international regulatory requirements and integration into the international financial reporting standards system.

Keywords: institutional foundations, agricultural companies, international capital markets, institutional compliance, corporate governance, IFRS, ESG criteria, financial infrastructure, regulatory standards, international financial organisations, institutional instruments.

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Quote article, APA style

Anzin R. Institutional basis for the participation of agricultural companies in international capital markets. Actual problems of innovative economy and law. 2025. №6. 97-101 pp. https://doi.org/10.36887/2524-0455-2025-6-22

Quote article, MLA style

Anzin R. Institutional basis for the participation of agricultural companies in international capital markets. Actual problems of innovative economy and law. https://doi.org/10.36887/2524-0455-2025-6-22