MULTI-CRITERIA EVALUATION OF MUNICIPALITIES IN SLOVAKIA - CASE STUDY IN SELECTED DISTRICTS

Journal Title: Polish Journal of Management Studies - Year 2017, Vol 16, Issue 2

Abstract

In the Slovak Republic, the economy of the municipality is governed by the law that considers the indebtedness of the municipality (share of foreign resources on assets) as the main criterion. The aim of this article is to propose an alternative to the legal perspective on the evaluation of municipalities in the Slovak Republic. The article describes the TOPSIS technique as a possibly suitable alternative for the complex evaluation of municipalities’ economy in selected countries. On the sample of 91 municipalities in Presov district, 85 municipalities in Bardejov district and 68 municipalities in Vranov nad Toplou district the TOPSIS method is applied on the basis of 8 previously set criteria. Results of the application are further studied in order to identify correlations between the result and criteria studied as well as the identification of differences (similarities) in the economy of municipalities in reference districts. As results of our analysis can be mentioned imbalance of municipalities’ economy in each district, high variation margin of results achieved or fact that municipalities exhibit the same fixed linking to selected criteria.<br/><br/>

Authors and Affiliations

Roman Vavrek, Peter Adamisin, Rastislav Kotulic

Keywords

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  • EP ID EP248691
  • DOI 10.17512/pjms.2017.16.2.25
  • Views 84
  • Downloads 0

How To Cite

Roman Vavrek, Peter Adamisin, Rastislav Kotulic (2017). MULTI-CRITERIA EVALUATION OF MUNICIPALITIES IN SLOVAKIA - CASE STUDY IN SELECTED DISTRICTS. Polish Journal of Management Studies, 16(2), 290-301. https://europub.co.uk/articles/-A-248691