Relationship between Assets Positions and Financial Autonomy of the Self-Governing Regions in the Slovak Republic

The adequate equity position is necessary for ensuring the performance of original and transferred competences of the self-governing regions. Assets owned by the self-governing regions help to provide public goods and enable them to do own business. Business activities of the self-governing regions...

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Main Authors: Slávka Sedláková, Zlata Vaľovská
Format: Article
Language:ces
Published: Trnava University, Faculty of Law 2015-03-01
Series:Societas et Iurisprudentia
Subjects:
Online Access:http://sei.iuridica.truni.sk/archive/2015/01/SEI-2015-01-Studies-Sedlakova-Slavka-Valovska-Zlata.pdf
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author Slávka Sedláková
Zlata Vaľovská
author_facet Slávka Sedláková
Zlata Vaľovská
author_sort Slávka Sedláková
collection DOAJ
description The adequate equity position is necessary for ensuring the performance of original and transferred competences of the self-governing regions. Assets owned by the self-governing regions help to provide public goods and enable them to do own business. Business activities of the self-governing regions allow supporting the development of deficient activities in the region and increase the local competitive environment, which also contributes to its economic prosperity. The aim of the paper is to analyze the utilization rate of the assets of the self-governing regions in the Slovak Republic in obtaining additional sources of funding for the period of years 2008 – 2012. The results show a positive relationship between the value of fixed assets and income from the Slovak self-governing regions’ property ownership and doing business in the period of years 2008 – 2012. Therefore, we can talk about a positive impact of assets ownership of the Slovak self-governing regions in relation to increasing their rate of self-financing and financial independence.
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spelling doaj.art-4812bd80a8ba4d54be1991a9cc95388d2023-09-10T20:56:05ZcesTrnava University, Faculty of LawSocietas et Iurisprudentia1339-54672015-03-0131236255Relationship between Assets Positions and Financial Autonomy of the Self-Governing Regions in the Slovak RepublicSlávka Sedláková0Zlata Vaľovská1Pavol Jozef Šafárik University in Košice, Košice, Slovak RepublicPavol Jozef Šafárik University in Košice, Košice, Slovak RepublicThe adequate equity position is necessary for ensuring the performance of original and transferred competences of the self-governing regions. Assets owned by the self-governing regions help to provide public goods and enable them to do own business. Business activities of the self-governing regions allow supporting the development of deficient activities in the region and increase the local competitive environment, which also contributes to its economic prosperity. The aim of the paper is to analyze the utilization rate of the assets of the self-governing regions in the Slovak Republic in obtaining additional sources of funding for the period of years 2008 – 2012. The results show a positive relationship between the value of fixed assets and income from the Slovak self-governing regions’ property ownership and doing business in the period of years 2008 – 2012. Therefore, we can talk about a positive impact of assets ownership of the Slovak self-governing regions in relation to increasing their rate of self-financing and financial independence.http://sei.iuridica.truni.sk/archive/2015/01/SEI-2015-01-Studies-Sedlakova-Slavka-Valovska-Zlata.pdfassets propertybusiness activitiesperformanceself-governing regionsfinancial autonomythe slovak republic
spellingShingle Slávka Sedláková
Zlata Vaľovská
Relationship between Assets Positions and Financial Autonomy of the Self-Governing Regions in the Slovak Republic
Societas et Iurisprudentia
assets property
business activities
performance
self-governing regions
financial autonomy
the slovak republic
title Relationship between Assets Positions and Financial Autonomy of the Self-Governing Regions in the Slovak Republic
title_full Relationship between Assets Positions and Financial Autonomy of the Self-Governing Regions in the Slovak Republic
title_fullStr Relationship between Assets Positions and Financial Autonomy of the Self-Governing Regions in the Slovak Republic
title_full_unstemmed Relationship between Assets Positions and Financial Autonomy of the Self-Governing Regions in the Slovak Republic
title_short Relationship between Assets Positions and Financial Autonomy of the Self-Governing Regions in the Slovak Republic
title_sort relationship between assets positions and financial autonomy of the self governing regions in the slovak republic
topic assets property
business activities
performance
self-governing regions
financial autonomy
the slovak republic
url http://sei.iuridica.truni.sk/archive/2015/01/SEI-2015-01-Studies-Sedlakova-Slavka-Valovska-Zlata.pdf
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