SUBJECT AND OBJECT SCOPE OF THE INSTITUTE OF CONTROL

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

Keywords

Related Articles

AREAS INCREASE OF PPPS` FINANCIAL POTENTIAL BY SECTORS BASED ON ADJUSTMENT OF FINANCIAL POLICY

The type of financial policy, based three–dimensional positioning as PPP`s financial potential by sectors, is selected. The directions adjusting financial policy to improve the public–private partnership`s financial pote...

DEVELOPMENT OF METHODS FOR EVALUATION OF INNOVATIV AND INVESTMENT SENSITIVITY OF THE ENTERPRISE

The definition of innovative and investment sensitivity of enterprise is proposed. The mathematical model of evaluation of innovative and investment sensitivity of the enterprise, which is based on the weighted average c...

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...

VECTORS OF ECONOMIC DEVELOPMENT OF UKRAINE IN THE TERMS OF FINANCIAL SECURITY

This article discusses the issue of the state financial security and its components. The study compares the essence of financial security from different points of view, identifies internal and external threats to financi...

FEATURES OF MANAGEMENT OF CURRENT ASSETS OF THE ENTERPRISE

In the article the problem of managing current assets during the crisis, the process of policy management current assets, theoretical and methodological, economic and mathematical approaches to data policies. Studied the...

Download PDF file
  • EP ID EP262590
  • DOI -
  • Views 117
  • Downloads 0

How To Cite

A. Khmelkov (2017). SUBJECT AND OBJECT SCOPE OF THE INSTITUTE OF CONTROL. Фінансово-кредитна діяльність: проблеми теорії та практик, 1(22), 351-361. https://europub.co.uk/articles/-A-262590