國民柱方式에 의한 公企業 民營化政策의 評價 = The Policy Evaluation of the Public Enterprises Privatization through the People's Shares Program

다국어 초록 (Multilingual Abstract)

The role of government has been changed continuously in the variation of socio-economic environment. Public enterprise is the typical type of government's market intervention which considers the possibility of government failure, or regulation failure as well as that of market failure.
In recent years, a serious opinion has been raised concerning government intervention in the economy and increased dependency on the free market system. This situation has actively propelled the privatization of public enterprise and the supply of basic facilities and services by the private sector in developing countries as well as developed countries.
Public enterprises have played a major role in the stage of high economic growth from 1960 to 1980 in Korea. From the later half of the 1960's, the government tried to privatise public enterprises and establish a large scale plan for the privatization of public enterprises. In order to eliminate the inefficiency factor and establish new roles for public enterprises, potions of the equity of public enterprises in 1987 which were wholly government owned were sold.
Distributing successful business results to the people to help establish the peoples's wealth and realize a maturation in the local financial market are some of the purpose for creating people's shares.
According to this plan, the POSCO initially opened it's stock in 1988, and the KEPCO was opened by the second people's shares.
For this study, We generally examined the public enterprise system and established a theory with regard to the system which is concerned over the spread and pricing of people's shares. We propose to suggest strategies for dealing with the problems which may be anticipated by dividing some sectors, such as financial management, dividend policy, control of stock price and the role of people's shares.
It is a weakness of this study that We are unable to establish criteria about the substantial case. We only suggest general directions for anticipating problems as the history of people's shares is very short and records has not been accumulated. We hope that a more in-depth and precise study of this matter will be pursued.

목차 (Table of Contents)

• Ⅰ. 序 論
• Ⅱ. 公企業 民營化와 國民株方式의 基礎論議
• Ⅲ. 國民株方式에 의한 公企業 民營化의 事例分析
• Ⅳ. 國民株方式 公企業 民營化의 經濟的 效果
• Ⅴ. 結 論