Evaluation of Municipalities Management with the Topsis Technique Emphasising on the Impact of Weights of Established Criteria

Abstract

In Slovakia the management of municipalities is governed by law, which considers indebtedness of a municipality to be the main and the only criterion. The aim of the presented paper is to offer an alternative to the legal view of municipal finances assessment. The paper defines TOPSIS technique as possibly suitable alternative for comprehensive evaluation of municipalities management. This technique is applied to a set of municipalities in Presov self-governing region at two levels – at the same and adjusted weights of monitored indicators. The aim of this paper is to establish the order of municipalities with the best management according to selected criteria. The application results are statistically investigated further because of identifying of weight indicators impact as well as identification of observed correlations.