Evaluation of the effect of state subsidies on business
The effect of market regulation tools on business is a complex phenomenon, and the after-effects of such regulation could be both favourable and adverse. The enhancement of the positive effect is a scientific task, which requires a systematic approach. In order to find a solution to this problem, it...
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2013-06-01
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| Series: | Business, Management and Education |
| Subjects: | |
| Online Access: | http://journals.vgtu.lt/index.php/BME/article/view/3626 |
| _version_ | 1818919381605810176 |
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| author | Romualdas Ginevičius Šarūnas Bruzgė |
| author_facet | Romualdas Ginevičius Šarūnas Bruzgė |
| author_sort | Romualdas Ginevičius |
| collection | DOAJ |
| description | The effect of market regulation tools on business is a complex phenomenon, and the after-effects of such regulation could be both favourable and adverse. The enhancement of the positive effect is a scientific task, which requires a systematic approach. In order to find a solution to this problem, it is necessary: a) to identify the relevant factors; b) to make a coherent evaluation of these factors and their influence on the phenomenon under investigation; c) to establish the optimal form and extent of the SRB (State Regulation of Business) tool required for the achievement of the desired results.
The study analyses aims of economic regulation and business management from the point of view of a state. It also examines the practice in economic research and evaluation of EU Structural Funds in Lithuania and abroad. The research is focused on problems caused by state subsidies for business enterprises as one of the forms of SRB. The research also focuses on possibilities to enhance the effectiveness of business regulation. The main objects of this study are: state subsidies for business enterprises as a form of state intervention in the market, and the possible correlation between the specifications of subsidies and their effect on business.
The evaluation presented in this study proved that EU subsidies had a direct positive influence on the effect of subsidies. The research into the influence of various subsidy criteria on the effect of subsidies revealed that a greater effect results from the rate rather than the size of funding. |
| first_indexed | 2024-12-20T01:04:57Z |
| format | Article |
| id | doaj.art-c23d79ca73ca4747b25b489472049a1d |
| institution | Directory Open Access Journal |
| issn | 2029-7491 2029-6169 |
| language | English |
| last_indexed | 2024-12-20T01:04:57Z |
| publishDate | 2013-06-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | Business, Management and Education |
| spelling | doaj.art-c23d79ca73ca4747b25b489472049a1d2022-12-21T19:58:53ZengVilnius Gediminas Technical UniversityBusiness, Management and Education2029-74912029-61692013-06-0111110.3846/bme.2013.043626Evaluation of the effect of state subsidies on businessRomualdas Ginevičius0Šarūnas Bruzgė1Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, LithuaniaVilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, LithuaniaThe effect of market regulation tools on business is a complex phenomenon, and the after-effects of such regulation could be both favourable and adverse. The enhancement of the positive effect is a scientific task, which requires a systematic approach. In order to find a solution to this problem, it is necessary: a) to identify the relevant factors; b) to make a coherent evaluation of these factors and their influence on the phenomenon under investigation; c) to establish the optimal form and extent of the SRB (State Regulation of Business) tool required for the achievement of the desired results. The study analyses aims of economic regulation and business management from the point of view of a state. It also examines the practice in economic research and evaluation of EU Structural Funds in Lithuania and abroad. The research is focused on problems caused by state subsidies for business enterprises as one of the forms of SRB. The research also focuses on possibilities to enhance the effectiveness of business regulation. The main objects of this study are: state subsidies for business enterprises as a form of state intervention in the market, and the possible correlation between the specifications of subsidies and their effect on business. The evaluation presented in this study proved that EU subsidies had a direct positive influence on the effect of subsidies. The research into the influence of various subsidy criteria on the effect of subsidies revealed that a greater effect results from the rate rather than the size of funding.http://journals.vgtu.lt/index.php/BME/article/view/3626state subsidiesEU financial aidmulticriteria evaluation methodsexpert assessments |
| spellingShingle | Romualdas Ginevičius Šarūnas Bruzgė Evaluation of the effect of state subsidies on business Business, Management and Education state subsidies EU financial aid multicriteria evaluation methods expert assessments |
| title | Evaluation of the effect of state subsidies on business |
| title_full | Evaluation of the effect of state subsidies on business |
| title_fullStr | Evaluation of the effect of state subsidies on business |
| title_full_unstemmed | Evaluation of the effect of state subsidies on business |
| title_short | Evaluation of the effect of state subsidies on business |
| title_sort | evaluation of the effect of state subsidies on business |
| topic | state subsidies EU financial aid multicriteria evaluation methods expert assessments |
| url | http://journals.vgtu.lt/index.php/BME/article/view/3626 |
| work_keys_str_mv | AT romualdasginevicius evaluationoftheeffectofstatesubsidiesonbusiness AT sarunasbruzge evaluationoftheeffectofstatesubsidiesonbusiness |