E3S Web Conf.
Volume 110, 2019International Science Conference SPbWOSCE-2018 “Business Technologies for Sustainable Urban Development”
|Number of page(s)||8|
|Section||Environmental Management and Economics|
|Published online||09 August 2019|
Efficiency of social investment projects from the position of the institutional approach
1 Moscow State University of Civil Engineering, 129337, 26, Yaroslavskoye Shosse, Moscow, Russia
2 Vladimir State University named after Alexander and Nikolay Stoletovs, 600005, Vladimir Region, Vladimir, Gorkogo str, 79, Russian
The research objective is the development of the recommendations for the assessment of the efficiency of social investment projects, which fixes the uniform approach to the assessment, taking into account the interests of all the interested parties. The creation of effective institutes in the market economy of our country is one of pressing issues now. The efficiency of investments into social investment projects is considered in terms of the theory of institutionalism. It is offered to consider the assessment of the efficiency of social projects which is based on the methodical norms and rules that allow carrying out the assessment uniformly, on the basis of the uniform reasonable principles, with equal accounting of interests of all the interested parties. The social investment project is the form of manifestation of such an institute. Society, state, business, and future generations are considered as the economic agents of the assessment of efficiency. The institutional approach to the assessment of efficiency of the implementation of social investment projects that allow estimating the behavior of agents and operating the system of their relations is the result of the research. The result of the research can be applicable for the assessment of efficiency of the social investment project by any of the agents considered within the offered institute.
© The Authors, published by EDP Sciences, 2019
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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