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Practical aspects of external municipal financial control of concession agreements

https://doi.org/10.32324/2412-8945-2024-2-56-68

Abstract

   This article analyzes the results of external municipal financial control in the sphere of concession agreements implementation in the city of Novosibirsk. The article considers the roles of concession from the position of obtaining benefits or public utility; assesses the achievability of concession goals in practice; reveals actual interests in the basis of concession among its participants, analyzes the mutual benefit of concession for all participants in unexpected forms; reveals the credible interest of the concessor; presents approaches to the identification of concession risks; offers recommendations for the correction of violations and shortcomings in municipal concession agreements.

About the Authors

A. M. Vyzhitovich
Siberian Institute of Management — branch of RANEPA; Institute of Economics and Industrial Engineering SB RAS
Russian Federation

Alexander M. Vyzhitovich, Candidate of Economic Sciences, Associate Professor

Novosibirsk



A. A. Martynova
Chamber of Control and Accounts of the city of Novosibirsk
Russian Federation

Asya A. Martynova, Inspector

Novosibirsk



I. E. Netisova
Chamber of Control and Accounts of the city of Novosibirsk
Russian Federation

Ivina E. Netisova, Auditor

Novosibirsk



References

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Vyzhitovich A.M., Martynova A.A., Netisova I.E. Practical aspects of external municipal financial control of concession agreements. Territory Development. 2024;(2 (36)):56-68. (In Russ.) https://doi.org/10.32324/2412-8945-2024-2-56-68

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ISSN 2412-8945 (Print)