Open Access Article SciPap-837
Weight of Topsis Technique Parameter and Its Impact on Assessment of Municipalities in Slovak Republic
by Roman Vavrek 1,*

1 Faculty of Management, University of Prešov in Prešov, Konštantínova 16, Prešov 080 01, Czechia

* Authors to whom correspondence should be addressed.

Abstract: Efficient use of funds is the current challenge for operators both private and public sectors. In Slovakia the management of municipalities is governed only by law, that the main and only criterion considers the indebtedness of the village. The goal of the paper is to offer an alternative view of the legal assessment of the economic communities in the form of a comprehensive assessment of management of the municipality. Post characterizes TOPSIS technique as a suitable alternative for a comprehensive assessment of the management of municipalities in 2014, and this technique is applied to a set of villages in the Prešov Region (663) at two levels - at the same and adapted monitored indicators. Within the article the best management of municipalities according to selected criteria is ranked. The results of applications are further statistical examined to identify the impact of the indicators, as well as identification of observed correlation.

Keywords: Local Self-Government, Municipality, Prešov District, Topsis Technique, Multicriteria Evaluation, Indicators Weight

JEL classification:   C39 - Other,   C62 - Existence and Stability Conditions of Equilibrium,   G28 - Government Policy and Regulation,   H71 - State and Local Taxation, Subsidies, and Revenue,   H72 - State and Local Budget and Expenditures

SciPap 2017, 25(1), 837

Received: 31 December 2016 / Accepted: 20 March 2017 / Published: 12 April 2017