Benefits and Disadvantages of Corporate Restructuring
- 1 January 1996
- journal article
- research article
- Published by Taylor & Francis in Hospital Topics
- Vol. 74 (1) , 21-25
- https://doi.org/10.1080/00185868.1996.11736045
Abstract
Many hospitals have adopted a corporate structure to improve management and gain economic benefits. Our study of Massachusetts hospitals found that for only a few had these anticipated advantages materialized, while many found that the new structure entailed added bureaucracy and other disadvantages. The findings suggest that hospitals adopt or keep the structure not only for possible economic reasons but also to sustain their legitimacy in the eyes of important stakeholders.Keywords
This publication has 2 references indexed in Scilit:
- Hospital Corporate Restructuring and Financial PerformanceMedical Care, 1993
- Organizational Structure as SignalingThe Pacific Sociological Review, 1979