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Over the past 20 years, demand for acute care hospital services has declined more rapidly than has hospital capacity. This paper investigates the extent to which the preponderance of the nonprofit form in this industry might account for this phenomenon. We test whether rates of exit from the...
Persistent link: https://www.econbiz.de/10014115028
Over the past 20 years, demand for acute care hospital services has declined more rapidly than has hospital capacity. This paper investigates the extent to which the preponderance of the nonprofit form in this industry might account for this phenomenon. We test whether rates of exit from the...
Persistent link: https://www.econbiz.de/10014115484
A large legal and economic literature describes how state-owned enterprises (SOEs) suffer from a variety of agency and political problems. Less theory and evidence, however, have been generated about the reasons why state-owned enterprises listed in stock markets manage to attract investors to...
Persistent link: https://www.econbiz.de/10009712382
State ownership of publicly-traded corporations remains pervasive around the world, and has been increasing in recent years. Existing literature focuses on the implications of government ownership for corporate governance and performance at the firm level. This Article, by contrast, explores the...
Persistent link: https://www.econbiz.de/10013092887
Persistent link: https://www.econbiz.de/10003396470
Over the past 20 years, demand for acute care hospital services has declined more rapidly than has hospital capacity. This paper investigates the extent to which the preponderance of the nonprofit form in this industry might account for this phenomenon. We test whether rates of exit from the...
Persistent link: https://www.econbiz.de/10012469725
Of the 90,000 “governmental units” counted in the most recent United States Census of Governments, only about 40,000 are “general-purpose” governments such as municipalities and counties. The other 50,000 are “special-purpose” governments that typically undertake only a single...
Persistent link: https://www.econbiz.de/10014243768