Finance and Credit
 

Financial and economic specific nature of the activities of resource-supplying organizations in modern Russia

Vol. 24, Iss. 9, SEPTEMBER 2018

Received: 5 July 2018

Received in revised form: 19 July 2018

Accepted: 10 August 2018

Available online: 28 September 2018

Subject Heading: FINANCIAL CAPITAL

JEL Classification: G30

Pages: 2139–2150

https://doi.org/10.24891/fc.24.9.2139

Sukharev A.N. Tver State University, Tver, Russian Federation
su500005@yandex.ru

https://orcid.org/0000-0003-4324-0576

Subject This article discusses the financial and economic relations of resource providers in the sphere of housing and communal services.
Objectives The article aims to reveal the specifics of the financial mechanism of resource providers in the sphere of housing and communal services.
Methods The work uses formal logic and a systems approach.
Results The article presents elements of the tariff for utility payments, which are atypical for market structures, and quantitative data that show the level of utility payments in modern Russia. The article says that the important problem today in the sphere of housing and utilities are non-payments of the population, which in general deform financial and economic relations in the industry.
Conclusions In present day Russia, the financial mechanism of resource providers does not correspond to the market realities, the balance of economic interests, and the principles of justice. There is an urgent need to modernize the financial mechanism of resource providers in order to increase the overall efficiency of the housing and utility sector.

Keywords: utility provider, managing organization, housing and community amenities, tariff, community charges

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