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EFFICIENCY EVALUATION OF LISTED HOSPITAL COMPANIES IN THE CAPITAL MARKET: INTRODUCING A NEW HOSPITAL ADMINISTRATION AND FINANCING |
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| รหัสดีโอไอ | |
| Creator | Meghdad Rahati, Iravan Masoudi Asl, Masoud Aboulhallaje, Mehdi Jafari |
| Title | EFFICIENCY EVALUATION OF LISTED HOSPITAL COMPANIES IN THE CAPITAL MARKET: INTRODUCING A NEW HOSPITAL ADMINISTRATION AND FINANCING |
| Contributor | - |
| Publisher | TuEngr Group |
| Publication Year | 2563 |
| Journal Title | International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies |
| Journal Vol. | 11 |
| Journal No. | 3 |
| Page no. | 11A03L: 1-10 |
| Keyword | Health Management, Management Sciences (Financial Management). |
| URL Website | http://TuEngr.com/Vol11_3.html |
| Website title | ITJEMAST V11(2) 2020 @ TuEngr.com |
| ISSN | 2228-9860 |
| Abstract | The capital market has an important role in the economy and stagnant money and capital flow through a company at a low cost. Because no studies have been published on listed hospital companies, researchers have sought to identify them, evaluate their efficiency and the determinate relationship between efficiency and profitability and liquidity ratios. This study was done in 2018. The statistical sample is 49 hospital companies listed on capital markets that were evaluated for the availability of financial data for 2013-2016. The DEA technique and regression in a panel data model has been used. The findings show that efficiency during the four years was 0.41, 0.77, 0.82 and 0.81 respectively, and there is a significant relationship between profitability and liquidity ratios and efficiency. In the world, hospitals are administrated as public companies in the capital market, in addition to other models. Some of these companies have one and some have more than one hospital in the capital market as active holdings. The increase and relatively good efficiency of hospital companies, given the direct correlation between efficiency and profitability and liquidity ratios, indicate the potential of companies to fulfill financial obligations and a positive evaluation of the companies' performance. |
