SUBJECT AND OBJECT SCOPE OF THE INSTITUTE OF CONTROL
Journal Title: Фінансово-кредитна діяльність: проблеми теорії та практик - Year 2017, Vol 1, Issue 22
Abstract
This article considers the chain of the notions: “institution control” “agent of the Institute of Control” “subject and object scope of the institute of control”, based on informal and formal content in terms of forming a system concept of the control function of finance and its implementation in the economy. In the main focus of this research there is a subject and object scope of control. There has been stated the author’s vision of the subject and object of the control institute, their structure, composition, and the relationship between them have been determined. We prove the equivalence of the notions “institute of control” and “state financial control”. It has been pointed out that only public resources, actions, etc. are used in the subject scope of the state financial control. The essential features of the notion “institute of control” having been determined by means of institutional analysis made it possible to step down from the abstract to the concrete chain of interrelated notions. The mechanism of the formation of the institute of control as a social norm has been studied at both informal and informal levels. At the informal level there is restrictive framework created to prevent treating public funds as personal. At the formal level, the Institute of control acquires established patterns in the form of the state financial control and its systems. There has been demonstrated that filling institute of control and its agents with the formal content is carried through administrative or legislative actions of the state.
Authors and Affiliations
A. Khmelkov
INFLUENCE EXTERNAL AND INTERNAL FACTORS TO FINANCIAL SECURITY OF ENTERPRISE
Macroeconomic indicators of economic development undoubtedly affect the development of the industry. For a quantitative analysis of the impact of external macroeconomic factors on the development of agriculture built reg...
THE CONCEPT OF EFFECTIVENESS OF REGIONAL INDUSTRIAL POLICY
At the theoretical and practical levels it has been proved that the mechanism of regional industrial policy should be adapted to the social and economic state of the region's development, taking into account the features...
BUSINESS CONSOLIDATION IN THE AGRICULTURAL SECTOR OF UKRAINE`S ECONOMY: TRENDS AND PROSPECTS
The article is about the research of the business consolidation which has been taking place in recent years in the agricultural sector of Ukraine. The basic trends of mergers and acquisitions deals in this sector of econ...
THE EFFECTIVENESS RESEARCH OF THE COMPLIANCE OF THE SOCIAL RESPONSIBILITY PRINCIPLES OF UKRAINIAN BUSINESS
In the article authors review principles of corporate social responsibility and study components of the social responsibility program. Also, authors` method for assessment of the social responsibility programs is propose...
THE EVALUATION OF COMPANIES’ INVESTMENT ATTRACTIVENESS BASED ON СASH FLOW ANALYS
We study the method of cash flow analysis for evaluating the companies’ investment attractiveness. First, we introduce a new measure of effectiveness of the company’s investment activities that is significantly better th...