Abstract
This study aimed to identify the management capabilities of quasi-market public corporations and examine the appropriateness of evaluation indicators by verifying the statistical relationship with management evaluation scores. In particular, by verifying how the COVID-19 crisis, which has continued since 2019, affects the management efficiency of quasi-market public corporations, it was possible to confirm how public corporations are coping with the global crisis. For verification, financial data from 2019 to 2021 of 18 quasi-market type public corporations were used, and the dependent variable, management efficiency, was measured through the DEA model. As a result of the analysis, the management efficiency value of quasi-market type public corporations has been continuously declining since 2019, and economic incompleteness and business environment deterioration caused by COVID-19 were also found in quasi-market type public corporations. In addition, these results could be reconfirmed as the dummy variable for whether or not 3 years after the occurrence of COVID-19, which can measure the cumulative impact of COVID-19, had a significant negative effect on management efficiency. Regarding the relationship between management evaluation and management efficiency, it is interpreted that the management evaluation index does not efficiently reflect the management system of quasi-market type public corporations during the COVID-19 period because the management evaluation score does not have a significant regression coefficient.
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