The influence of ownership on accounting information expenditures

Contemporary Accounting Research

Volumn 25, Issue 3, 2008, Pages 739-772

  Eldenburg, Leslie G ^a   Krishnan, Ranjani ^b  

^a UNIVERSITY OF ARIZONA   (United States)

^b MICHIGAN STATE UNIVERSITY   (United States)

Author keywords

Accounting information; Governance and compensation; Hospitals; Ownership structure

Indexed keywords

EID: 51949095372     PISSN: 08239150     EISSN: 19113846     Source Type: Journal    
DOI: 10.1506/car.25.3.4     Document Type: Article

References (56)

1. Aggarwal, R., and A. Samwick. 1999. Executive compensation, strategic competition, and relative performance evaluation. The Journal of Finance 54 (6): 1999-2043.
2. Alexander, J. A., and S. Y. Lee. 1996. The effects of CEO succession and tenure on failure of rural community hospitals. Journal of Applied Behavioral Science 32 (1): 70-88.
3. Baber, W. R., P. L. Daniel, and A. A. Roberts. 2002. Compensation to managers of charitable organizations: An empirical study of the role of accounting measures of program activities. The Accounting Review 77 (3): 679-94.
4. Banker, R., and S. Datar. 1989. Sensitivity, precision, and linear aggregation of signals for performance evaluation. Journal of Accounting Research 27 (1): 21-39.
5. Becker, E., and S. Potter. 2002. Organizational rationality, performance, and social responsibility: Results from the hospital industry. Journal of Health Care Finance 29 (1): 23-48.
6. Berndt, E. R. 1991. The practice of econometrics: Classic and contemporary. Reading, MA: Addison-Wesley.
7. Betbeze, P. 2004. Aggressive collections. Health Leaders Magazine, July 2004.
8. Brickley, J. A., and R. L. Van Horn. 2002. Managerial incentives in nonprofit organizations: Evidence from hospitals. Journal of Law and Economics (1): 227-49.
9. Bushman, R. M., and A. J. Smith. 2001. Financial accounting information and corporate governance. Journal of Accounting and Economics 32 (1-3): 237-333.
10. Cooper, R., and R. S. Kaplan. 1999. Design of cost management systems, 2nd ed. Upper Saddle River, NJ: Prentice Hall.
11. Currie, J., and J. Fahr. 2004. Hospitals, managed care, and the charity caseload in California. Journal of Health Economics 23 (3): 421-42.
12. DeFond, M., and C. Park. 1999. The effect of competition on CEO turnover. Journal of Accounting and Economics 27 (1): 35-56.
13. Dranove, D., M. Shanley, and W. D. White. 1993. Price and concentration in hospital markets: The switch from patient-driven to payer-driven competition. Journal of Law and Economics 36 (1): 179-204.
14. Duggan, M. 2000. Hospital market structure and the behavior of not-for-profit hospitals. RAND Journal of Economics 33 (3): 433-46.
15. Eldenburg, L., and R. Krishnan. 2003. Public versus private governance: A study of incentives and operational performance. Journal of Accounting and Economics 35 (3): 377-404.
16. Feltham, G., and J. Xie. 1994. Performance measure congruity and diversity in multi-task principal/agent relations. The Accounting Review 69 (3): 429-53.
17. French, H. E. III. 1996. Competition and monopoly in medical care. Washington, DC: AEI Press.
18. Friedman, B., N. Sood, K. Engstrom, and D. McKenzie. 2004. New evidence on hospital profitability by payer group and the effects of payer generosity. International Journal of Health Care Finance and Economics 4 (3): 231-46.
19. Galloro, V. 2004. Bad debt rising. Modern Healthcare 34 (31): 10-11.
20. Gibbons, R. 1998. Incentives in organizations. Journal of Economic Perspectives 12 (4): 115-32.
21. Geiger, D. R., and C. D. Ittner. 1996. The influence of funding source and legislative requirements on government accounting practices. Accounting, Organizations and Society 21 (6): 549-68.
22. Glaeser, E. L. 2001. The governance of not-for-profit firms. Working paper, Harvard University and NBER.
23. Government Accounting Office (GAO). 1990. Report to the Chairman, Select Committee on Aging, House of Representatives: Nonprofit hospitals - Better standards needed for tax exemption. GAO/HRD-90-84, May, Washington, DC.
24. Greene, W. H. 2000. Econometric analysis, 4th ed. Upper Saddle River, NJ: Prentice Hall.
25. Haugh, R. 2002. By a thread. Hospitals and Health Networks 76 (6): 34-40.
26. Holmstrom, B. 1979. Moral hazard and observability. Bell Journal of Economics 10 (1): 74-91.
27. Indjejikian, R. J. 1999. Performance evaluation and compensation research: An agency perspective. Accounting Horizons 13 (2): 147-57.
28. Jensen, M., and K. Murphy. 1990. Performance pay and top management incentives. Journal of Political Economy 98 (2): 228-64.
29. Ke, B., K. Petroni, and A. Safieddine. 1999. Ownership concentration and sensitivity of executive pay to accounting performance measures: Evidence from publicly and privately held companies. Journal of Accounting and Economics 28 (2): 185-210.
30. Kennedy, P. 1998. A guide to econometrics, 4th ed. Malden, MA: Addison-Wesley.
31. Krishnan, R. 2005. The effect of changes in regulation and competition on firms' accounting systems. The Accounting Review 80 (1): 269-87.
32. Krishnan, R., S. Joshi, and R. Krishnan. 2004. The influence of mergers on firms' product-mix strategies. Strategic Management Journal 25 (6): 587-611.
33. Krishnan, R., M. Yetman, and R. Yetman. 2006. Expense misreporting in nonprofit organizations. The Accounting Review 81 (2): 399-421.
34. Lambert, R. A. 2001. Contracting theory and accounting. Journal of Accounting and Economics 32 (1-3): 3-87.
35. Lambert, R. A., and D. F. Larcker. 1995, The prospective payment system, hospital efficiency, and compensation contracts for senior-level administrators. Journal of Accounting and Public Policy 14 (1): 1-31.
36. Li, T., and R. Rosenman. 2001. Cost inefficiency in Washington hospitals: A stochastic frontier approach using panel data. Health Care Management Science 4 (2): 73-81.
37. Lynk, W. J. 1995. Nonprofit mergers and the exercise of market power. Journal of Law and Economics 38 (2): 437-61.
38. Martin, S. 1993. Advanced industrial economics. Malden, MA: Blackwell Publishers.
39. Meyer, J. W., and B. Rowan. 1977. Institutionalized organizations: Formal structure as myth and ceremony. American Journal of Sociology 83 (2): 340-63.
40. Mick, S. S., and C. G. Wise. 1996. Downsizing and financial performance in rural hospitals. Health Care Management Review 21 (2): 16-25.
41. Milgrom, P. R. 1988. Employment contracts, influence activities, and efficient organization design. Journal of Political Economy 96 (1): 42-60.
42. Molnar, M. 2004. Discount dilemma: Collecting from the uninsured. Collections & Credit Risk 9 (10): 30-3.
43. Murphy, K. J. 1985. Corporate performance and managerial remuneration: An empirical analysis. Journal of Accounting and Economics 7 (1-3): 11-42.
44. Murphy, K. J. 2000. Performance standards in incentive contracts. Journal of Accounting and Economics 30 (3): 245-78.
45. Norton, E. C., and D. O. Staiger. 1994. How hospital ownership affects access to care for the uninsured. RAND Journal of Economics 25 (1): 171-6.
46. Picone, G., S. Chou, and F. Sloan. 2002. Are for-profit hospital conversions harmful to patients and Medicare? RAND Journal of Economics 33 (3): 507-23.
47. Pink, G., and P. Leatt. 1991. Are managers compensated for hospital financial performance? Health Care Management Review 16 (3): 37-45.
48. Prendergast, C. 1999. The provision of incentives in firms. Journal of Economic Literature 37 (1): 7-63.
49. Robinson, J. C., and C. S. Phibbs. 1989. An evaluation of Medicaid selective contracting in California. Journal of Health Economics 8 (4): 437-55.
50. Roomkin, M. J., and B. A. Weisbrod. 1999. Managerial compensation and incentives in for-profit and nonprofit hospitals. Journal of Law, Economics, and Organizations 15 (3): 750-81.
51. Rundle, R. L., and P. Davies. 2004. Hospitals start to seek payment upfront: HCA, Tenet, others ask patients to pay portion of bill before elective treatments. Wall Street Journal, Eastern ed. (New York), June 2, D1.
52. Santerre, R. E., and Thomas, J. M. 1993. The determinants of hospital CEO compensation. Health Care Management Review 18 (3): 31-40.
53. Scott, W. R. 2001. Institutions and organizations, 2nd ed. Thousand Oaks, CA: Sage Publications.
54. Scott, W. R., M. Ruff, P. J. Mendel, C. A. Caronna. 2000. Institutional change and healthcare organizations: From professional dominance to managed care. Chicago: University of Chicago Press.
55. Wilson, R. 2004. Treating bad debts. Spokane Journal of Business, 19 (25), B1.
56. Zuckerman, S., J. Hadley, and L. Iezzoni. 1994. Measuring hospital efficiency with frontier cost functions. Journal of Health Economics 13 (3): 255-80.