HOSPODÁRENIE S MAJETKOM – PRIESTOR PRE VYROVNÁVANIE REGIONÁLNYCH ROZDIELOV?
PROPERTY MANAGEMENT – SPACE FOR BALANCING REGIONAL DIFFERENCES?

Author(s): Elena Žárska
Subject(s): Business Economy / Management, Regional Geography, Governance
Published by: Masarykova univerzita nakladatelství
Keywords: self - governing region; property creditworthiness; capital expenditures; indebtedness;
Summary/Abstract: The financial management of self-governing regions is often examined, but less so their property management. The aim of the paper is to analyze the situation in individual self-governing regions of the Slovak Republic in the time series of 15 years (2005 - 2019) and to identify differences in the method of financing and also in the efficiency of property management. To achieve the goal, two hypotheses were set: H1: The increase in property strength is achieved by increasing the region's debt and H2: The income effect from the region's assets increases with the reproductive power of the assets. The method property creditworthiness was used for the analysis. The results confirmed H1, stating that the source of asset growth is also debt growth (Žilina, Trnava, Prešov region), but several local authorities also significantly use other sources (Nitra, Košice, Trenčín). H2 was only partially confirmed – the regions increased the value of the property, but the income from it was not decisive. This indicates that they have built the infrastructure to provide entrusted services to citizens. The analysis also pointed to the phenomenon that the total value of assets per capita shows significant regional differences over the whole period

• Details
• Contents