Optimization of Public Income and Expenditure in the Social Interest and the Development of Local Companies in French Law

Abstract

This contribution deals with the issue of the optimization of public income and expenditure in the social interest. As the process mentioned above can be done not only on the central but also on the local level, the paper is going to analyze how the legal forms that can be created by local government units in France can realize the social interests of the given community. The main aim of the contribution is to confirm or disprove the hypothesis that the concept of public and social interest, also at the local level, needs to be ensured by a specially created legal forms. These legal forms are very often acting on the market on the basis of the specific rules that are sometimes excluding the free market economy in the given areas. The description of such legal forms, that are very often inspired by the construction of the joint-stock company or limited liability company, can be useful not only for Polish legislator but also for the other East and Centre European Union Countries in the process of the development of their public and local finances regulations. The comparative perspective of the paper may also show the differences in the concept of the social and public interest that are in the French and Polish legal system.