McLean R A
Hosp Health Serv Adm. 1989 Summer;34(2):255-68.
The nature of investor-owned health care firms suggests that corporate boards may include representatives of "stakeholder" groups as well as representatives of stockholders and management. A sample of investor-owned firms was developed and examined. Physicians, financiers, attorneys, health care executives, and academics were well represented on the boards of directors in the sample. Small firms included more financial professionals on their boards than did larger firms, and HMOs included more physicians than did other firms, but these effects were not statistically significant. The greater the degree of representation of physicians, the greater was the return on assets of the firms in the sample.
投资者所有的医疗保健公司的性质表明，公司董事会可能包括“利益相关者”群体的代表以及股东和管理层的代表。我们选取了一批投资者所有的公司作为样本并进行了研究。在样本公司的董事会中，医生、金融家、律师、医疗保健高管和学者都有很好的代表性。小公司董事会中的金融专业人士比大公司更多，健康维护组织（HMO）董事会中的医生比其他公司更多，但这些影响在统计上并不显著。样本公司中医生的代表程度越高，公司的资产回报率就越高。
