Corporate governance and financial performance: the case of English NHS hospitals
Corporate governance and financial performance: the case of English NHS hospitals
Purpose: hospitals’ corporate governance (CG) mechanisms oversee critical operational issues and evaluate the outcomes. This paper investigates the impact of CG (i.e. board size, board independence, board expertise, board meetings, board gender diversity, CEO gender, and academic directors) on the financial performance of English National Health Service (NHS) hospitals and separately by hospital type (i.e. trusts and foundation trusts).
Design/methodology/approach: the sample includes 128 NHS hospitals. The data were collected through document analysis and archival work from annual hospital reports from 2014 to 2018.
Findings: the findings indicate that board expertise, board meetings, board diversity, CEO gender, and academic directors significantly and negatively affect NHS hospitals’ financial performance. For NHS trusts, the results reveal that board expertise, board diversity, and CEO gender have a significant negative effect, while for NHS foundation trusts, only CEO gender has a significant negative
Corporate governance, financial performance, National Health Service, hospitals, trusts and foundation trusts
Achiro, Laura Obwona
4fae690e-4232-427c-814c-0a2e280bd161
Tauringana, Venancio
27634458-b041-4bc1-94da-3e031d777e4f
Alta'any, Mohammad
f627a973-baa8-4193-8cc7-9e93412e47ad
Achiro, Laura Obwona
4fae690e-4232-427c-814c-0a2e280bd161
Tauringana, Venancio
27634458-b041-4bc1-94da-3e031d777e4f
Alta'any, Mohammad
f627a973-baa8-4193-8cc7-9e93412e47ad
Achiro, Laura Obwona, Tauringana, Venancio and Alta'any, Mohammad
(2024)
Corporate governance and financial performance: the case of English NHS hospitals.
International Journal of Public Sector Management.
(doi:10.1108/IJPSM-02-2024-0061).
Abstract
Purpose: hospitals’ corporate governance (CG) mechanisms oversee critical operational issues and evaluate the outcomes. This paper investigates the impact of CG (i.e. board size, board independence, board expertise, board meetings, board gender diversity, CEO gender, and academic directors) on the financial performance of English National Health Service (NHS) hospitals and separately by hospital type (i.e. trusts and foundation trusts).
Design/methodology/approach: the sample includes 128 NHS hospitals. The data were collected through document analysis and archival work from annual hospital reports from 2014 to 2018.
Findings: the findings indicate that board expertise, board meetings, board diversity, CEO gender, and academic directors significantly and negatively affect NHS hospitals’ financial performance. For NHS trusts, the results reveal that board expertise, board diversity, and CEO gender have a significant negative effect, while for NHS foundation trusts, only CEO gender has a significant negative
Other
Corporate governance and financial performance: the case of English NHS hospitals
- Accepted Manuscript
More information
Accepted/In Press date: 4 September 2024
e-pub ahead of print date: 26 September 2024
Keywords:
Corporate governance, financial performance, National Health Service, hospitals, trusts and foundation trusts
Identifiers
Local EPrints ID: 494569
URI: http://eprints.soton.ac.uk/id/eprint/494569
ISSN: 0951-3558
PURE UUID: 4a94798a-3457-4c5c-9028-6f05e8838d5f
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Date deposited: 10 Oct 2024 16:48
Last modified: 11 Oct 2024 01:41
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Contributors
Author:
Laura Obwona Achiro
Author:
Mohammad Alta'any
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