This study examines the educational and career backgrounds of public corporation executives who play important roles in policymaking in general in Korea, with the goal of assessing whether and how much of the required expertise and finesse they possess for successful management of public corporations.
As public corporations play an increasingly significant role in the Korean economy, there is also a growing interest in how these corporations should be run, as well as they type of person who should be appointed as an executives. As part of trying to answer these questions, this study examines the decision-making behavior of statesmen, high-ranking civil officials, and corporation managers involved in the nation’s policymaking, and also reviews their educational and social backgrounds.
The literature on public corporation executives can be largely divided into two types: studies discussing the proper appointment and responsibilities of public corporate executives, and studies analyzing the age distribution of these executives. Some studies also compare public corporation executives with workers in general, in terms of the duration of service and title- or position-related benefits and treatment. The established literature shows that public corporation executives generally tend to be much better educated than the average worker. They also tend to be older than their private-sector counterparts. The vast majority of public corporation executives also majored or specialized in economics and management studies while attending higher education institutes.
While this study provides detailed information on the educational accomplishments and social backgrounds of public corporation executives in Korea, it falls short of providing normative conclusions on how the institutional arrangements regarding public corporation executives should be improved. Nevertheless, this study does provide important data that can be used to enhance the capabilities of persons who are heading public corporations in Korea. In the long term, this study may also make contributions to future research examining and comparing the social backgrounds of diverse groups of policymakers in Korea.
공기업 임원의 사회적 배경(Social backgrounds of public corporation executives)
|Series Title; No||연구보고서 / 제74-09권|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Industry and Technology < Entrepreneurship|
|Holding||KDI; KDI School|