Ítem
Solo Metadatos
The effects of asset specificity on maintenance financial performance: An empirical application of Transaction Cost Theory to the medical device maintenance field
Título de la revista
Autores
Cruz, Antonio Miguel
Haugan, Gregory L.
Rincon, Adriana Maria Rios
Fecha
2014
Directores
ISSN de la revista
Título del volumen
Editor
Elsevier
Buscar en:
Métricas alternativas
Resumen
Abstract
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. © 2014 Elsevier B.V. All rights reserved.
Palabras clave
Keywords
Finance , Maintenance , Regression analysis , Asset specificity , Financial performance , Governance structures , Maintenance services , Multivariate regression analysis , Multivariate statistics , Theoretical arguments , Transaction-cost theory , Biomedical equipment , Econometrics in health , Maintenance , Multivariate statistics
