Hospital financial ratio classification patterns revisited: Upon considering nonfinancial information

Autor:	Ann L. Watkins
Rok vydání:	2000
Předmět:	Financial performance Actuarial science Sociology and Political Science business.industry Accounting Financial analysis Financial ratio Bond credit rating Business Dimension (data warehouse) Proxy (statistics)
Zdroj:	Journal of Accounting and Public Policy. 19:73-95
ISSN:	0278-4254
DOI:	10.1016/s0278-4254(99)00025-3
Popis:	My paper first considers the relationship between nonaccounting information and traditional hospital financial ratios. I found that nonaccounting information represents separate characteristics of hospital financial performance. Second, the link between factors produced in the first stage of the analysis and one dimension of hospital financial performance, creditworthiness, is assessed. Bond ratings are used as a proxy for creditworthiness. I found that nonaccounting information is highly significant in explaining bond ratings.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::5e9994c24dd3eeb2904962a30e30cfbe https://doi.org/10.1016/s0278-4254(99)00025-3 Zobrazit plný text záznamu Full Text from ScienceDirect