De Benedetto, Marco Alberto and Forgione, A.F. (2019) Technical efficiency and corporate structure of Italian private hospitals: evidence from one-step Stochastic Frontier Analysis. Working Paper. Birkbeck University of London, London, UK.
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Abstract
This paper aims to identify the relationship between the output-oriented technical efficiency of Italian private hospitals and their ownership structure. Using the one-step Stochastic Frontier Analysis technique, we explain technical efficiency throughout a set of variables capturing the firm’s shareholder activity, ownership concentration, and managerial ownership. Results suggest that (1) technical efficiency is positively affected by managerial ownership, and (2) private hospitals are more efficient when ownership concentration is low.
Metadata
| Item Type: | Monograph (Working Paper) |
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| Additional Information: | BWPEF 1904, ISSN: 1745-8587 |
| Keyword(s) / Subject(s): | Technical Efficiency, Private Health System, Ownership, Stochastic Frontier |
| School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Depositing User: | Justine Lloyd-Altius |
| Date Deposited: | 12 Sep 2019 07:21 |
| Last Modified: | 02 Aug 2023 17:52 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/28378 |
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