Research on the Relationship between Organizational Nature, Contractual Characteristics and Fiscal Performance’s Third-Party Evaluation
WU Dongmei，LIU Yunguo，LUO Li
1. Guangdong University of Finance, Guangzhou, China; 2. Sun Yat-sen University, Guangzhou, China; 3. Xinhua College of Sun Yat-sen University, Guangzhou, China
Abstract Using the 2010~2019 evaluation reports collected by hand for the first time, this study empirically analyzes the third-party evaluation quality of China’s fiscal performance and its influencing factors. The study finds that among third-party organizations with different nature, the proportion of profit-making intermediaries with strong independence is as high as 85.5%. But its evaluation quality is lower than that of non-profit organizations with less independence, and there is a gap in the evaluation quality between different organizations. By further examining the types of contract characteristics of the third party, the study also finds that, compared with the non-economic construction contract, the evaluation quality gap between organizations is narrowed in the economic construction contract; compared with the contract of the party-mass competent department, the evaluation quality gap between organizations is narrowed in the contract of the non-party-mass competent department. The above results show that the external structural independence does not necessarily lead to the high quality of third-party evaluation. It is a practical way to improve the third-party balance mechanism by implementing classified management according to the internal organizational nature and contractual characteristics of different third parties.
WU Dongmei,LIU Yunguo,LUO Li. Research on the Relationship between Organizational Nature, Contractual Characteristics and Fiscal Performance’s Third-Party Evaluation[J]. Chinese Journal of Management, 2021, 18(6): 833-.
