<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Local self-governments in the Slovak Republic have many possibilities to do business to capitalize their assets and generate their own budget revenues. The purpose of the article was to identify and evaluate business companies through which local selfgovernments conduct business from different perspectives. We focused on businesses with asset ownership of municipalities with city status. When analyzing businesses, we have taken into account their size, spatial layout, legal form, subject of activity, and their economy. Slovak cities have a long-term experience with conducting business through business companies. Most of these are companies with 100% ownership of the cities, in terms of the legal form of a limited liability company. The research results confirm that the significant effect of government-run business is the increase in the value of assets.</p></abstract>

Local self-governments in the Slovak Republic have many possibilities to do business to capitalize their assets and generate their own budget revenues. The purpose of the article was to identify and evaluate business companies through which local selfgovernments conduct business from different perspectives. We focused on businesses with asset ownership of municipalities with city status. When analyzing businesses, we have taken into account their size, spatial layout, legal form, subject of activity, and their economy. Slovak cities have a long-term experience with conducting business through business companies. Most of these are companies with 100% ownership of the cities, in terms of the legal form of a limited liability company. The research results confirm that the significant effect of government-run business is the increase in the value of assets.

Entrepreneurship of Cities through Business Companies in the Slovak Republic

Slovak University of Agriculture in Nitra

Acta Regionalia et Environmentalica

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"Entrepreneurship of Cities through Business Companies in the Slovak Republic"}

Local self-governments in the Slovak Republic have many possibilities to do business to capitalize their assets and generate their own budget revenues. The...

Entrepreneurship of Cities through Business Companies in the Slovak Republic

Published Online: Aug 17, 2019

Page range: 5 - 9

DOI: https://doi.org/10.2478/aree-2019-0002

Keywords
local self-government, entrepreneurship, assets of local government

© 2019 Maroš Valach et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Entrepreneurship of Cities through Business Companies in the Slovak Republic

Published Online: Aug 17, 2019

Page range: 5 - 9

DOI: https://doi.org/10.2478/aree-2019-0002

Keywordslocal self-government, entrepreneurship, assets of local government

© 2019 Maroš Valach et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
local self-government, entrepreneurship, assets of local government