IDEAS home Printed from https://ideas.repec.org/a/ora/journl/v30y2021i2p207-218.html
   My bibliography  Save this article

Decision-Making Mechanisms Regarding The Establishment Of The Financing Sources Of The Investment Programs In Public Utility Services

Author

Listed:
  • Aniko KUNTZ

    (Doctoral School of Economic Sciences, Faculty of Economic Sciences, University of Oradea, Oradea, Romania)

  • Cristina DRIHA

    (Doctoral School of Economic Sciences, Faculty of Economic Sciences, University of Oradea, Oradea, Romania)

Abstract

This paper is an empirical study that addresses a topical issue in terms of decision-making methods for setting up sources of funding for investment programs in public utilities in Romania. In order to ensure a high level of security and accessibility, equal treatment, promotion of universal access and users' rights, public utilities are subject to specific public service obligations. Considering that in the utilities services there is still a process of implementation of the European requirements regarding the satisfaction of the quantitative and qualitative requirements of the users; consumer protection and quality of life, environmental conservation in accordance with specific regulations in force, sustainable development, protection and capitalization of the public and private domain of territorial administrative units, it is necessary to introduce modern management methods to achieve these desired. The deepening of the notions, of the particularities in the field, creates the premises for finding optimal and viable solutions regarding the improvement of the legal framework of functioning and operation in the public utilities services, so that the decisional and financial mechanisms are the optimal ones in the concrete socio-economic conditions. Considering the public and permanent functioning of the public utility services, the approached topic is of a real interest for any entity in the field concerned with the efficient, economic and effective management of the public utility system. In this regard, the establishment of the maintenance, replacement, development fund for all entities in the field of public utility services (and not only for those receiving external funds) is a real opportunity, highlighted and supported by existing investment programs in the field of water, sewerage, wastewater treatment and rainwater collection.

Suggested Citation

  • Aniko KUNTZ & Cristina DRIHA, 2021. "Decision-Making Mechanisms Regarding The Establishment Of The Financing Sources Of The Investment Programs In Public Utility Services," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 30(2), pages 207-218, December.
  • Handle: RePEc:ora:journl:v:30:y:2021:i:2:p:207-218
    as

    Download full text from publisher

    File URL: http://anale.steconomiceuoradea.ro/volume/2021/n2/022.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. KUNTZ Aniko & DRIHA Cristina, 2020. "A Keynesian Model Applied To The Water And Sewage Public Utility Operators," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 179-191, December.
    2. Diana Mitlin & Anna Walnycki, 2020. "Informality as Experimentation: Water Utilities’ Strategies for Cost Recovery and their Consequences for Universal Access," Journal of Development Studies, Taylor & Francis Journals, vol. 56(2), pages 259-277, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Narzetti, Daniel Antonio & Marques, Rui Cunha, 2021. "Isomorphic mimicry and the effectiveness of water-sector reforms in Brazil," Utilities Policy, Elsevier, vol. 70(C).
    2. Gupta, Joyeeta & Bavinck, Maarten & Ros-Tonen, Mirjam & Asubonteng, Kwabena & Bosch, Hilmer & van Ewijk, Edith & Hordijk, Michaela & Van Leynseele, Yves & Lopes Cardozo, Mieke & Miedema, Esther & Pouw, 2021. "COVID-19, poverty and inclusive development," World Development, Elsevier, vol. 145(C).

    More about this item

    Keywords

    public utility services; public utility system; royalty; development replacement maintenance fund; public utility service;
    All these keywords.

    JEL classification:

    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • L97 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Utilities: General
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ora:journl:v:30:y:2021:i:2:p:207-218. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catalin ZMOLE (email available below). General contact details of provider: https://edirc.repec.org/data/feoraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.