공공기관 경영실적평가 제도의 효과성 검증: 계량지표의 목표부여(편차) 방법을 중심으로

The government manages and supervises public institutions through the public institution management performance evaluation system. Many researches have been conducted to analyze the impact of the public institution management performance evaluation system. However, the research in the past has mainly focused on the components of the management performance evaluation system and the impact of the evaluation results. In this study, we focus on the process of public institution management performance evaluation system, and analyze the effectiveness of the objective evaluation model of evaluation method of the public institution management performance evaluation system. We apply objective evaluation model for analysis to general companies, and then calculate the score of each firm and compare it with the annual stock return of each company. As a result of the empirical analysis, it was found that the score by the objective evaluation model had a positive (＋) relationship with the stock return of each company. This means that as the number of score increases, the stock returns increase, and it can be concluded that the score of each institution calculated by the objective evaluation model represents the performance of the company. This study can be used as a basis for applying the objective evaluation model in the management performance evaluation system and has a contribution point that can be used as a basic data for the policy decision related to the evaluation method in the future.