Construction Of Government Investment Fund Performance Evaluation System Based On Balanced Scorecard

Government investment fund has always been an important measure for government agencies to promote the development of local industries.During nearly 20 years of exploration and development,by the end of 2019,the target scale of China‘s government investment fund has reached 10 trillion yuan,and the scale in place has reached 469 million yuan.Governments at the national,provincial,municipal and other levels are participating in the upsurge of setting up government investment funds at the same level.After rapid incremental development in recent years,at this stage,the development focus of government guided funds has gradually shifted to the high-quality development of stock funds.The planning and rationalization of fund management and operation,performance appraisal and other mechanisms have become the focus of current government investment funds at all levels.However,at present,the performance evaluation of government investment funds is mainly carried out by issuing regulations and methods by local functional departments.There is very little research on the performance evaluation of government investment funds.In order to further improve the efficiency of resource allocation and improve the supervision and management of government investment funds,it is necessary to further build and improve the performance evaluation system for government investment funds.Since the balanced scorecard was founded in the 1990 s,it has been widely used in enterprises and government departments,and has been recognized in practice,and its content system is constantly enriched and improved.There is something in common between performance evaluation and balanced scorecard.Using balanced scorecard to construct performance evaluation system of government investment funds in China is feasible.Using balanced scorecard theory to carry out performance evaluation research on government investment funds can make the performance evaluation system ofgovernment investment funds tend to be perfect.Therefore,starting from the performance evaluation characteristics of government investment funds,this paper focuses on reviewing and summarizing the core ideas of Balanced Scorecard,as well as other scholars‘ application of Balanced Scorecard in other fields.It briefly expounds the development process,current situation and characteristics of government investment funds in China,and analyzes the government from four dimensions of Balanced Scorecard finance,customer,internal business process,learning and growth The factors of government investment fund are decomposed,the core factors are found out and the performance evaluation index system is designed,and the practice is attempted.