Investigating the dimensions of financial sustainability in the public sector
Investigating the dimensions of financial sustainability in the public sector
Volume 1, Issue 2, Winter 2020, Page 24 - 36
Authors : Narges ZargarKoche , Saba SorooshRad

Abstract :
Financial sustainability was initially an issue that was addressed only to underdeveloped and emerging economies that had fragile capital markets, rising debt, and public sector expansion and were exposed to cyclical disruptions or financial pollution. But recently, concerns about financial sustainability have also spread in developed countries. Some of them have established ongoing processes to assess their capacity to maintain their financial position for a long time. Public participation in financial sustainability can help the public sector better prepare for future needs and shape itself. The main limitation of the main methods used to assess the financial sustainability of the public sector is that the measures relate to items that are directly related to financial activities. The main point of the research is that in financial sustainability, the public sector is not just a cost less than an income. More focus is formed at the international level to gain a better understanding of the main social, environmental and economic factors of public spending and the relationships between them, rather than focusing on the current composition of that cost. In previous studies, only one dimension of financial sustainability has been considered and other dimensions have not been considered. The results of this study show that indicators of sustainability in the three areas of environmental, social and economic and their efficiency with each other and with financial sustainability have many aspects that should be considered so that governments achieve their goals in the field of financial sustainability.

Keywords :
Financial sustainability, Sustainability reporting, Sustainability indicators, Public sector.