An Empirical Investigation of the Relation Between Performance Measures: Evidence from Public Enterprises in Korea.

Main Article Content

Tae-Sik Ahn Kyoung-Joon Cho Hyung-Rok Jung

Abstract

The information age environment requires that firms implement strategic performance measurement systems that focus on intangible assets. These systems are now widely used and implemented in the public sector. However, there have been few studies on the relationship between performance measures. Contingent factors and the management environment of the public sector are fundamentally different from the private sector. Consequently, performance measurement systems should be adapted before they are applied to the public sector. Using the data for 13 Korean public enterprises from 1990 to 2003, this study investigates the relation between performance measures. Our findings suggest that management measures are not significantly associated with goal achievement measures prospectively. Furthermore, specific management measures are not significantly related with goal achievement measures either currently or prospectively. Overall, the results indicate that performance measurement systems in Korean public enterprises have not been implemented effectively and are not fulfilling the system designers’ original intention.
Keywords: Korean Public Enterprise, Performance Measurement System, Goal Achievement Measure, Management Measure

Article Details

How to Cite
AHN, Tae-Sik; CHO, Kyoung-Joon; JUNG, Hyung-Rok. An Empirical Investigation of the Relation Between Performance Measures: Evidence from Public Enterprises in Korea.. Asia-Pacific Management Accounting Journal, [S.l.], v. 1, n. 1, p. 67-98, dec. 2006. ISSN 2550-1631. Available at: <http://arionline.uitm.edu.my/ojs/index.php/APMAJ/article/view/357>. Date accessed: 19 oct. 2018.
Section
Management Accounting