Board composition and financial performance in major hospitals

Yingliu Gu, James R. Langabeer Ii and Jeffrey R. Helton

International Journal of Corporate Governance, 2010, vol. 2, issue 1, 21-30

Abstract: Relative to for-profit corporations, there has been very little empirical research examining governing board structure in the predominantly non-profit hospital industry. In this study, we explore the financial impact of board size and diversity for the largest 100 non-profit hospitals in the USA. We use regression and analysis of variance methods to explore relationships between financial performance and board composition. Results suggest that hospital governance models are changing, shifting from a large, largely philanthropic model to a smaller 'corporate' model. Results also show that higher performing hospitals tended to have smaller boards and greater percentage of physician directors.

Keywords: board composition; healthcare financial performance; non-profit organisations; hospitals; governing boards; board structure; board size; board diversity; USA; United States; hospital governance; physician directors. (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.inderscience.com/link.php?id=35232 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijcgov:v:2:y:2010:i:1:p:21-30

Access Statistics for this article

More articles in International Journal of Corporate Governance from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().