Bertrand, Marianne; Hallock, Kevin F.; Arnould, Richard - In: ILR Review 58 (2005) 3, pp. 494-514
This paper examines how the managerial labor market in nonprofit hospitals has adjusted to the financial pressures induced by HMO penetration. Using a panel of about 1,500 nonprofit hospitals over the period 1992–96, the authors find that top executive turnover increased following an...