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来源类型Working Paper
规范类型报告
DOI10.3386/w8201
来源IDWorking Paper 8201
Hospital Governance, Performance Objectives, and Organizational Form
Leslie Eldenburg; Benjamin E. Hermalin; Michael S. Weisbach; Marta Wosinska
发表日期2001-04-01
出版年2001
语种英语
摘要This paper studies the governance of a sample of California hospitals. We document a number of empirical relations about hospital governance: The composition of the board of directors varies systematically across ownership types; poor performance and low levels of uncompensated care increase board turnover, with this sensitivity varying by organizational type. Poor performance, high administrative costs, and high uncompensated care lead to higher CEO turnover, with these effects again varying across different organizational types. Overall, these results are consistent with the view that boards of directors of hospitals of different organizational forms are substantially different, and that these boards make decisions to maximize different objective functions.
主题Financial Economics ; Corporate Finance ; Industrial Organization ; Nonprofits
URLhttps://www.nber.org/papers/w8201
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/565799
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Leslie Eldenburg,Benjamin E. Hermalin,Michael S. Weisbach,et al. Hospital Governance, Performance Objectives, and Organizational Form. 2001.
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