Entrepreneurship of Cities through Business Companies in the Slovak Republic

Open access


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.

If the inline PDF is not rendering correctly, you can download the PDF file here.

  • ARAPIS T. 2013. Enterprise fund transfers and their impact on governmental spending and revenue patterns of Georgia municipalities. In Journal of Public Budgeting Accounting & Financial Management vol. 25 2013 no. 3 pp. 446–473.

  • BENČO J. 2006. Ekonomika a manažment verejnej správy. Trenčín : Trenčianska univerzita Alexandra Dubčeka 2006 319 pp. ISBN 80-8075-119-6.

  • BEL G. – DIJKGRAAF E. – FAGEDA X. – GRADUS R. H. J. M. 2010. Similar Problems Different Solutions: Comparing Refuse Collection in the Netherlands and Spain. In Public Administration vol. 88 2010 no. 2 pp. 479–495. DOI 10.1111/padm.2010.88.

  • BRUTON G.D. – PENG M.W. – AHLSTROM D. – STAN S. – XU K. 2015. State-owned enterprises around the world as hybrid organizations. In The Academy of Management Perspectives vol. 29 2015 no. 1 pp. 92–114. DOI 10.5465/amp.2013.0069.

  • GARRONE P. – GRILLI L. – ROUSSEAU X. 2010. Management Discretion and Political Interference in Municipal Enterprises. Evidence from Italian Utilities. In Local Government Studies vol. 39 2010 no. 4 pp. 1–32. DOI 10.2139/ssrn.1610124.

  • HAJŠOVÁ M. – KÚTIK J. 2009. Ekonomika a manažment samosprávy. Trenčín : Trenčianska univerzita Alexandra Dubčeka 2009 138 pp. ISBN 978-88-0907-543-10.

  • PAPCUNOVÁ V. – BALÁŽOVÁ E. 2006. Majetok obcí. Nitra : Slovenská akadémia poľnohospodárskych vied. ISBN 80-89162-19-3.

  • Slovak Republic Act No. 369/1990 Coll. on Municipalities.

  • Slovak Republic Act No. 513/1991 Coll. Commercial Code.

  • TÓTH P. – MICHLOVÁ R. – TRHLÍNOVÁ Z. – VOCHOZKOVÁ J. – HESOUN R. 2014. Ekonomické aktivity obcí a měst. Plzeň : Vydavatelstí a nakladatelství Aleš Čeňek s.r.o. 2014 125 pp. ISBN 978-80-7380-491-6.

  • VOORN B. – VAN GENUGTEN M.L. – VAN THIEL S. 2017. The efficiency and effectiveness of municipally owned corporations: a systematic review. In Local Government Studies. DOI 10.1080/03003930.2017.1319360.

Journal information
All Time Past Year Past 30 Days
Abstract Views 0 0 0
Full Text Views 30 30 9
PDF Downloads 13 13 4