Financial and Economic Indicators of Sustainability and Viability of State and Regional Organizations of Property Administration and Maintenance of Highways and Class I, II and III Roads

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F18%3A43898935" target="_blank" >RIV/60076658:12510/18:43898935 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Financial and Economic Indicators of Sustainability and Viability of State and Regional Organizations of Property Administration and Maintenance of Highways and Class I, II and III Roads

Original language description

Maintenance of low class roads has numerous aspects to consider. Among the essential ones lists the limited amount of finance allocated to investment activities and a long-term financial limit for these roads maintenance, which is much below the amount required for the essential conservation of the existing situation. The notions of “sustainable development” or “sustainability” thus reflect the requirements for public finance, which is limited in a long-term perspective. Financial management of a subsidized organization established primarily for roads administration and maintenance has many specifics and faces numerous risks. Besides management as such, financial flow management, communication with road users, with construction works suppliers, involved authorities, with municipalities and institutions and with the political representation, it is inevitable to develop marketing activities functioning as information resources and, at the same time, provide the public with a real picture of the situation in the specific field of road administration and maintenance. The role of managers is, among others, to concentrate management as such, while integrating the issues of financial management, marketing, social aspects of its activities and positive lobbying in the formation of media picture of the relevant organization, and much more. Effective management of a subsidized organization in the given field must use the standard management methods and involve certain specifics indicated in the presented article.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2018

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Proceedings of the 12th International Scientific Conference INPROFORUM. Innovations, Enterprises, Regions and Management

ISBN

978-80-7394-726-2

ISSN

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e-ISSN

neuvedeno

Number of pages

11

Pages from-to

202-212

Publisher name

Jihočeská univerzita v Českých Budějovicích, Ekonomická fakulta

Place of publication

České Budějovice

Event location

České Budějovice

Event date

Nov 1, 2018

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

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