Problematika upravljanja gospodarskih družb v večinski lasti lokalnih skupnosti

Abstract

Violations related to the disposal of real property at the local community level are attracting ever more attention; that is why we focused on the management of capital investments by municipalities and legal entities owned by municipalities. We reviewed the already performed audits of the Court of Audit to obtain answers on how municipalities manage local community companies and where violations of the law occur. The reviewed audit reports on the regularity of municipal operations show that some municipalities have established companies intending to circumvent public finance regulations and thus causing significant public finance risks. Some of these companies are even expanding their operations to activities for which there is no reasonable basis in the regulations and which are not in line with the purpose of their establishment. It would be useful for municipalities to prepare and adopt capital investment management strategies and, based on these, decide which capital investments are of interest to the municipality.