A Study on Meta-evaluation of Public Organizations Performance Evaluation: Based on Public Value Management

Abstract

The performance of publicness pursued by public institutions is difficult to present simply and clearly with a profit and loss statement such as the ‘bottom line’ used by private companies. Nevertheless, the current performance evaluation system of public institutions does not fully consider the characteristics of public projects and policies. Critical discussions are being raised in that it focuses only on the measurement of profitability creation based on short-term performance. Accordingly, this study conducted a meta-evaluation of the overall management evaluation system by applying the perspective of public value management to achieve the mission of creating public value, which is the essential purpose of the establishment and operation of public institutions. An overall review was conducted in terms of the content of public value management. The purpose of evaluation, subject of evaluation, management capacity, governance, performance, and implications for the direction of supplementation were drawn.