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Means Of Establishing Church Property And Funding Sources


  • Cricovean Mircea

    () (UVT - FEAA,)


Abstract Regarding the administration of goods, the Church finds guidance in the laws of the State to which it belongs (Stan, 1952) but taking into consideration the fact that the Church cannot "have its special principles and rules contradicted"(Floca, 1990: 448). However, the church, in fulfilling its purpose - the salvation of believers, needs wealth or heritage. This is not to understand that the Church can "lose its essential character, supernatural character, because, for the Church the earthly possessions and temporal happiness are not an immediate end" (Floca, 1990: 451-452). To understand the Church's sources of financing it is necessary to take account of its properties. Along the time the church was holder of ownership rights. Its property had to be maintained, at least, so it needed funding. The Church's canonical and statutory provisions are those governing the Church's source of funding. They cannot conclusively be understood without observing the principles and rules specific for the ecclesiastical wealth management. Noted should be that previously there were no generally accepted rules on the management of financial resources of the church. The canonical, legal and statutory establishments have become customary in time, making it possible this way, by the dioceses supervisors, that sources of funding should be directed towards the maintenance of the Church, of the worship and of social activities.

Suggested Citation

  • Cricovean Mircea, 2013. "Means Of Establishing Church Property And Funding Sources," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 876-886, July.
  • Handle: RePEc:ora:journl:v:1:y:2013:i:1:p:876-886

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    sources; financing; Church; patrimony; canons; principles;

    JEL classification:

    • Z12 - Other Special Topics - - Cultural Economics - - - Religion
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • G02 - Financial Economics - - General - - - Behavioral Finance: Underlying Principles
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill


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