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

Slávka Sedláková – Zlata Vaľovská

In: Societas et iurisprudentia • 2015 • Volume 3 • Issue 1 • Pages 236-255 • ISSN 1339-5467

Abstract: 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.

Key Words: Assets Property; Business Activities; Performance; Self-Governing Regions, Financial Autonomy; the Slovak Republic.

URL: https://sei.iuridica.truni.sk/archive/2015/01/SEI-2015-01-Studies-Sedlakova-Slavka-Valovska-Zlata.pdf

Bibliographic Citation

SEDLÁKOVÁ, S. and Z. VAĽOVSKÁ. Vzťah majetkovej pozície a finančnej nezávislosti regionálnych samospráv v Slovenskej republike. Societas et iurisprudentia [online]. 2015, vol. 3, no. 1, pp. 236-255 [cit. 2020-01-01]. ISSN 1339-5467. Available at: https://sei.iuridica.truni.sk/international-scientific-journal/archive/issue-2015-01/relationship-between-assets-positions-and-financial-autonomy-of-the-self-governing-regions-in-the-slovak-republic/.