The effects of asset specificity on maintenance financial performance: an empirical application of Transaction Cost Theory to the medical device maintenance field

Adriana Maria Rios Rincon, Antonio Miguel Cruz, Gregory L Haugan

Resultado de la investigación: Contribución a una revistaArtículorevisión exhaustiva

15 Citas (Scopus)

Resumen

This study uses multivariate regression analysis to examine the effects of asset specificity on the financial performance of both external and internal governance structures for medical device maintenance, and investigates how the financial performance of external governance structures differs depending on whether a hospital is private or public. The hypotheses were tested using information on 764 medical devices and 62 maintenance service providers, resulting in 1403 maintenance transactions. As such, our data sample is significantly larger than those used in previous studies in this area. The results empirically support our core theoretical argument that governance financial performance is influenced by assets specificity.
Idioma originalInglés estadounidense
Páginas (desde-hasta)1037 - 1053
Número de páginas17
PublicaciónEuropean Journal of Operational Research
Volumen237
N.º3
DOI
EstadoPublicada - sep 16 2014

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