Changes in Hospital Financial Performance after Legal Form Conversion
| Autor: | Mgr. Jankura Adam |
|---|---|
| Rok: | 2014 - letní |
| Vedoucí: | PhDr. Jana Votápková Ph.D. |
| Konzultant: | |
| Typ práce: | Rigorózní |
| Jazyk: | Anglicky |
| Stránky: | 86 |
| Ocenění: | |
| Odkaz: | |
| Abstrakt: | This thesis examines the effect of corporatization, i.e. pure legal form conversion of contributory organizations into joint-stock companies, on financial performance of 77 Czech non-privatized general hospitals during 2001-2011. Using differences-in-differences estimation the effect on overall financial performance was not confirmed. Regarding individual performance components different changes in revenues and costs per inpatient day (relative to non-corporatized hospitals) were recognized after different corporatizations periods. Both revenues and costs measures either increased or decreased after 2003 & 2004 and 2005 corporatization respectively; and were maintained after 2006 & 2007 period. Ambiguous effect of corporatization on financial performance is consistent with the principal-agent theory developed in this thesis. |
