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

Related Articles

ANALYZING SECTORIAL LEVEL DETERMINANTS OF INWARD FOREIGN DIRECT INVESTMENT (FDI) IN ASEAN

The paper studies economic determinants of sectorial level (Extractive sector, manufacturing and assembly sector, infrastructure sector and service sector) foreign direct investment (FDI) to six Asean countries (Malaysia...

EVOLUTION OF PRIMARY AND SECONDARY EDUCATION IN ROMANIA IN TERMS OF EU INTEGRATION

Evolution of preuniversity educational institution - taking into account the preuniversity educational institution in developing the human society, the following stages are distinguished in its development since its appe...

INFORMATIC MODELS USED IN ECONOMIC ANALYSIS OF CORRELATION BETWEEN GDP AND FDI

The correlation GDP – FDI is very important because it reflects the influence that foreign direct investments have on good domestic product growth. In order to have the possibility to realize such an analysis, it is comp...

MANAGEMENT OF PERFORMANCE PROCESSES: THE FLEXIBILITY CONCEPT

In this paper, we draw the thinking context for production process piloting according to flexibility approach. We apply a transversal process that defines the strategic purposes and deploys them on business processes and...

INFLUENCE OF MANAGERIAL DECISIONS TO INVEST IN INNOVATIONS ON THE STOCK MARKET PERFORMANCE: AN EMPIRICAL ANALYSIS

This paper examines the hypothesis that management decisions to invest in innovations have an impact on business performance. We used the “Delta Intangible Assets to Sales Ratio” as a proxy variable for investments in in...

Download PDF file
  • EP ID EP248691
  • DOI 10.17512/pjms.2017.16.2.25
  • Views 62
  • 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