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The influence of ownership on hospital board governance and strategic cost management


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The influence of ownership on hospital board governance and strategic cost management
Table of Contents
Abstract
Acknowledgements
Table of Contents
List of Tables
List of Figures
List of Abbreviations
1 Introduction
1.1 U.S. Healthcare Market
1.1.1 Characteristics
1.1.2 Non-distribution Principle
1.1.3 Theories on Hospital Competition
1.1.4 Factors of Hospital Pricing
1.2 Introduction to Manuscripts
2 The Influence of Ownership on Hospital Behaviors: A Theoretical Model
2.1 Introduction
2.2 An Economic Model
2.2.1 For-Profit Hospitals
2.2.2 Nonprofit Hospitals without the Subsidy
2.2.3 Nonprofit Hospitals Receiving the Subsidy
2.2.4 Co-existence of Unsubsidized and Subsidized NP Hospitals
2.3 Results Discussions
2.4 Conclusion
3 Hospital Board Governance: Does Ownership Matter?
3.1 Introduction
3.2 Hospital Governance
3.2.1 Hospital Management Structure
3.2.2 Ownership Type and Board Characteristics
3.2.2.1 Board Size and Composition
3.2.2.2 Board Independence
3.2.2.3 Voluntary vs. Paid Governance
3.3 Hypotheses Development
3.3.1 Board Governance and “Scorecard” Performance Measures
3.3.2 Board Turnover and Performance Measures
3.3.3 CEO Turnover and Performance Measures
3.4 Research Method
3.4.1 Sample
3.4.2 Variables
3.4.2.1 Dependent Variables
3.4.2.2 Independent Variables
3.4.2.3 Control Variables
3.4.3 Empirical Models
3.4.3.1 Board Turnover
3.4.3.2 CEO Turnover
3.5 Results and Discussion
3.6 Conclusion
4 The Influence of Ownership on Strategic Cost Management
4.1 Introduction
4.2 Strategic Cost Management (SCM)
4.3 Conceptual Framework and Hypotheses
4.3.1 Role of Ownership
4.3.2 Hospital Operating Environment
4.3.3 Revenue Enhancement
4.3.4 Cost Reduction
4.3.5 SCM and Hospital Performance
4.4 Research Method
4.4.1 Sample
4.4.2 Variables
4.4.2.1 Measures of SCM Strategy
4.4.2.2 Measures of Performance
4.4.2.3 Ownership Type
4.4.2.4 SCM Controls
4.4.2.5 Performance Controls
4.4.3 Empirical Models
4.5 Results and Discussion
4.6 Conclusion
References
A Appendix A – Board Governance and Performance
B Appendix B – Strategic Cost Management 
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