The Formation of the Operating Interaction Mechanism of the Public and Corporate Finances in the Sphere of Social Service of the Population: Methodology, Theory and Practice

In this article the existing mechanism of cooperation between state and corporate finance in the field of social services are analyzed. The methodology of the formation of this mechanism, the legal aspects and the project approach are included. The factors that hinder the development of this mechan...

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Main Author: Konstantin Aleksandrovich Karsakovich
Format: Article
Language:English
Published: EconJournals 2016-06-01
Series:International Journal of Economics and Financial Issues
Online Access:https://econjournals.com/index.php/ijefi/article/view/2538
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author Konstantin Aleksandrovich Karsakovich
author_facet Konstantin Aleksandrovich Karsakovich
author_sort Konstantin Aleksandrovich Karsakovich
collection DOAJ
description In this article the existing mechanism of cooperation between state and corporate finance in the field of social services are analyzed. The methodology of the formation of this mechanism, the legal aspects and the project approach are included. The factors that hinder the development of this mechanism are detected. They are: shortcoming of existing federal legislation; low wages and high load per social worker; outdated material and technical base of social service institutions; undeveloped market of social services. Also, the scheme to attract private investment in social services is formed based on Public-Private Partnership: concession agreement; long-term lease; personnel outsourcing or out staffing. Keywords: corporate and public finance, the mechanism of cooperation of finance, social services for the population JEL Classifications: H44, H42, M54.
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spelling doaj.art-0941951353114b2cab3f046063f9f5c72023-02-15T16:11:52ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382016-06-0162SThe Formation of the Operating Interaction Mechanism of the Public and Corporate Finances in the Sphere of Social Service of the Population: Methodology, Theory and PracticeKonstantin Aleksandrovich Karsakovich In this article the existing mechanism of cooperation between state and corporate finance in the field of social services are analyzed. The methodology of the formation of this mechanism, the legal aspects and the project approach are included. The factors that hinder the development of this mechanism are detected. They are: shortcoming of existing federal legislation; low wages and high load per social worker; outdated material and technical base of social service institutions; undeveloped market of social services. Also, the scheme to attract private investment in social services is formed based on Public-Private Partnership: concession agreement; long-term lease; personnel outsourcing or out staffing. Keywords: corporate and public finance, the mechanism of cooperation of finance, social services for the population JEL Classifications: H44, H42, M54. https://econjournals.com/index.php/ijefi/article/view/2538
spellingShingle Konstantin Aleksandrovich Karsakovich
The Formation of the Operating Interaction Mechanism of the Public and Corporate Finances in the Sphere of Social Service of the Population: Methodology, Theory and Practice
International Journal of Economics and Financial Issues
title The Formation of the Operating Interaction Mechanism of the Public and Corporate Finances in the Sphere of Social Service of the Population: Methodology, Theory and Practice
title_full The Formation of the Operating Interaction Mechanism of the Public and Corporate Finances in the Sphere of Social Service of the Population: Methodology, Theory and Practice
title_fullStr The Formation of the Operating Interaction Mechanism of the Public and Corporate Finances in the Sphere of Social Service of the Population: Methodology, Theory and Practice
title_full_unstemmed The Formation of the Operating Interaction Mechanism of the Public and Corporate Finances in the Sphere of Social Service of the Population: Methodology, Theory and Practice
title_short The Formation of the Operating Interaction Mechanism of the Public and Corporate Finances in the Sphere of Social Service of the Population: Methodology, Theory and Practice
title_sort formation of the operating interaction mechanism of the public and corporate finances in the sphere of social service of the population methodology theory and practice
url https://econjournals.com/index.php/ijefi/article/view/2538
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