A Study on the Effect of Publicity and Entrepreneurship by Government Control, Competitive Environment, and Shareholding in Korea Electric Power Corporation

한국 전력산업의 정부통제, 경쟁환경, 소유구조가 공공성 및 기업성 향상에 미치는 영향에 관한 실증적 연구

The purpose of this study is to find out main factors affecting public enterprise's environment, which improves the performance of public enterprise. In detail, under the premises of keeping publicity in Korea Electricity Industry, the main target of this study is to seek after factors enhancing entrepreneurship and deals with publicity which is related with entrepreneurship. Questionnaires are distributed to the employee of public enterprise, public servants, and civil corps. A total of 553 copies are collected. The main contents of questionnaires are related with the effect of publicity and entrepreneurship by government control, competitive environment, and shareholding structure in Korea Electricity Power Corporation(KEPCO). The results of this survey are as follows : First, government control is negatively related to the entrepreneurship while it is positively related to the publicity. Second, this survey shows that competitive environment has a positive influence on promoting both publicity and entrepreneurship. Third, this survey in connection with shareholding structure indicates that present structure in KEPCO has a positive effect on publicity but negative effect on entrepreneurship. According to this empirical results, it is verified that the main issues on the performance of KEPCO are related with the level of government control and competitive environment in its industry.