Morality as a factor in financial decisions making within the public sector

Abstract

This article presents a theoretical model of determinants of the optimal operating of the public sector, including financial decisions making in scope of law creation and application. At the same time, there has been assumed the universal moral values are affecting and should affect the legal system (including creation and application of the law on public finance). Authors presented partial results of the initial test of this model (survey results). Their content points to the need for the deepened interdisciplinary research (legal and sociological) on the moral aspect of making of law on public finance mainly, both on the state and local levels.