臺灣人文及社會科學引文索引資料庫系統

:::

詳目顯示

回上一頁
第 1 筆 / 總合 1 筆   第一頁 上一頁 下一頁 最後一頁
/1頁
題名：非營利醫院負債融通與捐贈收入的關聯性
書刊名：臺大管理論叢
作者：郭振雄 引用關係／何怡澄 引用關係／羅光達 引用關係
作者(外文)：Kuo, Jenn-shyong／Ho, Yi-cheng／Lo, Kuang-ta
出版日期：2014
卷期：24:2
頁次：頁151-179
主題關鍵詞：非營利醫院；負債融通；捐贈；Not-for-profit hospital；Debt financing；Donation
原始連結：連回原系統網址new window
相關次數：
  • 被引用次數被引用次數:期刊(3) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:3
  • 共同引用共同引用:21
  • 點閱點閱:130
在Magnus, Smith, and Wheeler（2003）與Yetman（2007）提出非營利組織以負債融通將對其捐贈收入會產生排擠效果的假說後。本文為首篇探討非營利組織負債融通與捐贈收入關聯性的實證研究。本文分析台灣38間醫療財團法人在2000-2006年資料。研究結果顯示，當醫療財團法人的負債比率較低時，若採用負債融通對其捐贈收入有正向的擠入效果；然而負債比率較高的法人，持續採用負債來融通資金，則對其捐贈收入出現排擠效果，指出兩者間存在非線性關係。至於負債對於醫療財團法人捐贈收入的整體影響，取決上述兩項力量互抵後的效果而定。本文發現臺灣醫療財團法人採用負債融通對其捐贈收入普遍存在擠入效果。我們認為Magnus et al.（2003）與Yetman（2007）僅考慮高負債比率對捐贈收入的排擠效果，而忽略擠入效果。
Debt financing has been discussed extensively in corporate finance; however, previous studies seldom apply it to not-for-profit hospitals. Magnus et al. (2003) and Yetman (2007) argued that debt financing would have a negative impact on the charitable donations of not-for-profit hospitals, but they did not provide empirical evidence. This study is the first paper to investigate the relationship between debt financing and donation revenue by using 38 not-for-profit hospitals from 2000 to 2006 in Taiwan. According to our empirical results, we have proved that debt financing has both a crowd-in effect and crowd-out effect on not-for-profit hospitals' donations. The crowd-in effect tends to exist in low debt ratio hospitals, while the crowd-out effect is often found to exist in not-for-profit hospitals with higher debt ratios. We therefore conclude that Magnus et al. (2003) and Yetman (2007) only proposed the crowd-out effect of debt financing for not-for-profit hospitals; however, they did not consider the possible crowd-in effect of debt financing as we have demonstrated in this study.
期刊論文
1.Tinkelman, Daniel(1999)。Factors affecting the relation between donations to not-for-profit organizations and an efficiency ratio。Research in Governmental and Nonprofit Accounting，10，135-161。  new window
2.Luft, H. S.、Robonson, J. C.、Garnick, D. W.、Maerki, S. C.、McPhee, J. C.(1986)。The Role of Specialized Clinical Services in Competition among Hospital。Inquiry，23(1)，83-94。  new window
3.Wedig, G. J.(1994)。Leverage, donations, and dividends-in-kind: A theory of nonprofit financial behavior。International Review of Economics and Statistics，3(3)，257-278。  new window
4.Conrad, D. A.(1984)。Returns on equity to not-for-profit hospitals: Theory and implementation。Health Services Research，19(1)，41-63。  new window
5.Gilligan, T.、Smirlock, M.、Marshall, W.(1984)。An empirical study of joint production and scale economies in commercial banking。Journal of Banking & Finance，8(1)，67-77。  new window
6.Gordon, T. P.、Khumawala, S. B.(1999)。The demand for not-for-profit financial statements: A model for individual giving。Journal of Accounting Literature，18，31-56。  new window
7.Honoré, Bo E.(1992)。Trimmed lad and least squares estimation of truncated and censored regression models with fixed effects。Econometrica，60(3)，533-565。  new window
8.Greenlee, J. S.、Brown, K. L.(1999)。The impact of accounting information on contributions to charitable organizations。Research in Accounting Regulation，13，111-125。  new window
9.Harvey, Campbell R.、Roper, Andrew H.、Lins, Karl V.(2004)。The Effect of Capital Structure When Expected Agency Costs Are Extreme。Journal of Financial Economics，74(1)，3-30。  new window
10.Jacobs, F. A.、Marudas, N. P.(2009)。The combined effect of donation price and administrative inefficiency on donations to US nonprofit organizations。Financial Accountability and Management，25(1)，33-53。  new window
11.Jegers, M.(2011)。On the capital structure of non-profit organisations: A replication and extension with Belgian data。Financial Accountability and Management，27(1)，18-31。  new window
12.Jegers, M.、Verschueren, I.(2006)。On the capital structure of non-profit organizations: An empirical study for Californian organizations。financial Accountability and Management，22(4)，309-329。  new window
13.Khana, J.、Posnett, J.、Sandler, T.(1995)。charity donations in the UK: New evidence based on panel data。Journal of Public Economics，56(2)，257-272。  new window
14.Magnus, S.、Wheeler, J. R.、Smith, D. G.(2004)。The association of debt financing with not-for-profit hospitals，provision of uncompensated care。Journal of Health Care Finance,，30(4)，46-58.。  new window
15.Marudas, N. P.(2004)。Effects of nonprofit organization wealth and efficiency on private donations to large nonprofit organizations。Research in Governmental and Nonprofit Accounting，11，71-91。  new window
16.Marudas, N. P.、Jacobs, F. A.(2004)。Determinants of charitable donations to large U.S.higher education, hospital, and scientific research MPOs: New evidence from panel data. Voluntas。International Journal of Votuna and Nonprofit Organizations，15(2)，157-179。  new window
17.Parsons, L. M.(2003)。Is accounting information from nonprofit organizations useful to donors? A review of charitable giving and value-relevance。Journal of Accounting Literature，22，104-129。  new window
18.Parsons, L. M.、Trussel, J. M.(2009)。Fundamental analysis of not-for-profit financial statements: An examination of financial vulnerability measures。Research in Governmental and Nonprofit Accounting，12，35-56。  new window
19.Sloan, F. A.、Hoerger, T. J.、Morrisey, M. A.、Hassan, M.(1990)。The demise of hospital philanthropy。Economic Inquiry，28(4)，725-743。  new window
20.Tinkelman, D.(1998)。Differences in sensitivity of financial statement users to joint cost allocations: The case of nonprofit organizations。Journal of Accounting, Auditing, & finance，13(4)，377-393。  new window
21.Trussel, J. M.、Parsons, L. M.(2007)。Financial reporting factors affecting donations to charitable not-for-profit organizations。Advances in Accounting，23，263-285。  new window
22.Magnus, S.、Smith, D.、Wheeler, J. R.(2003)。Agency Implications of Debt in Not-for-profit Hospitals: A Conceptual Framework and Overview。Research in Healthcare Financial Management，8，7-17。  new window
23.郭振雄、何怡澄、羅德城(20061200)。非營利醫院的負債融資與社區公益活動。臺灣公共衛生雜誌，25(6)，440-448。new window  延伸查詢new window
24.Okten, Cagla、Weisbrod, Burton A.(2000)。Determinants of Donations in Private Nonprofit Markets。Journal of Public Economics，75(2)，255-272。  new window
25.Tinkelman, D.、Mankaney, K.(2007)。When is administrative efficiency associated with charitable donations?。Nonprofit and Voluntary Sector Quarterly，36(1)，41-64。  new window
26.Weisbrod, Burton A.、Dominguez, Nestor D.(1986)。Demand for Collective Goods in Private Nonprofit Markets: Can Fundraising Expenditures Help Overcome Free-rider Behavior?。Journal of Public Economics，30(1)，83-96。  new window
27.Thorpe, K. E.、Phelps, C. E.(1991)。The social role of not-for-profit organizations: hospital provision of charity care。Economic Inquiry，29(3)，472-484。  new window
28.蔡偉德、李一鑫(20020300)。醫院非價格性競爭與市場結構--醫院購置高科技醫療儀器之實證研究。經濟論文，30(1)，57-78。new window  延伸查詢new window
29.Hansmann, Henry B.(1980)。The Role of Nonprofit Enterprise。The Yale Law Journal，89(5)，835-901。  new window
30.Harris, Milton、Raviv, Artur(1991)。The Theory of Capital Structure。The Journal of Finance，46(1)，297-355。  new window
31.Petersen, Mitchell A.(2009)。Estimating standard errors in finance panel data sets: Comparing approaches。The Review of Financial Studies，22(1)，435-480。  new window
32.Jensen, Michael C.(1986)。Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers。The American Economic Review，76(2)，323-329。  new window
33.Wedig, G.、Sloan, F. A.、Hassan, M.、Morrisey, M. A.(1988)。Capital Structure, Ownership, and Capital Payment Policy: The Case of Hospitals。Journal of Finance，43(1)，21-40。  new window
34.Bowman, W.(2006)。Should donors care about overhead costs? Do they care?。Nonprofit and Voluntary Sector Quarterly，35(2)，288-310。  new window
35.Magnus S.、Wheeler, J. R.、Smith, D. G.(2004)。“The Association of Debt Financing with Not-for-Profit Hospitals’ Operational and Capital-Investment Efficiency,”。Journal of Health Care Finance，30(4)，33-45。  new window
圖書
1.行政院衛生福利部(2003)。九十三年度醫院評鑑曁教學醫院評鑑作業程序。台北：Executive Yuan。  延伸查詢new window
2.行政院衛生福利部(2005)。醫療事業發展獎勵辦法。台北：行政院衛生福利部。  延伸查詢new window
3.行政院衛生福利部(2008)。醫療法人財務報告編製準則。台北：行政院衛生福利部。  延伸查詢new window
圖書論文
1.Yetman, R.(2007)。Borrowing and debt. Financing Nonprofits: Putting Theory into Practice。Financing Nonprofits: Putting Theory into Practice。Lanham, MD：AltaMira Press。  new window
 
 
 
 
第一頁 上一頁 下一頁 最後一頁 top
QR Code
QRCODE

臺灣人文及社會科學引文索引資料庫

目前上線人數：1410（臺灣：1398，外國：12） ／ 本年度總使用人次：1855660 ／ 訪客人次（自102年09月）：67650520
國家圖書館著作權聲明 Copyright © 2013 All rights reserved.
本館地址: 100201臺北市中山南路20號． 本館地圖及交通資訊．
總機：(02)23619132．最佳瀏覽解析度為1024x768以上