J 2022

Reinvestments in dentistry and differences between western or central and eastern European countries

HERYÁN, Tomáš

Základní údaje

Originální název

Reinvestments in dentistry and differences between western or central and eastern European countries

Autoři

HERYÁN, Tomáš (203 Česká republika, garant, domácí)

Vydání

The Review of Socio-Economic Perspectives, 2022, 2149-9276

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Obor

50204 Business and management

Stát vydavatele

Turecko

Utajení

není předmětem státního či obchodního tajemství

Odkazy

URL

Kód RIV

RIV/47813059:19520/22:A0000358

Organizační jednotka

Obchodně podnikatelská fakulta v Karviné

DOI

http://dx.doi.org/10.19275/RSEP141

Klíčová slova anglicky

Reinvestment of profit; Management of earnings; Dentistry; GMM with panel data
Změněno: 3. 3. 2023 11:15, Ing. Tomáš Heryán, Ph.D.

Anotace

V originále

This paper has focused on the willingness of owners to reinvest their profit back into a company. Research gaps in the investigation of financial issues in the healthcare industry are apparent in the literature. The aim of this paper is to estimate the differences in reinvestments between dentistry companies operating in western or central and eastern Europe (CEE). Annual Orbis data were obtained from financial reports from 3,711 western and 1,173 CEE companies. The generalized method of moments with panel data, currently modified by Kripfganz (2019), has been deployed as the main estimation technique. The estimated sample has been divided according to the return on assets into quartiles. The results clearly show that western owners rather reinvested their earnings back into their businesses, whereas CEE owners reinvest at a lower level. Furthermore, the willingness to reinvest, as well as the financial constraints related to that, can affect the quality of dentistry services.
Zobrazeno: 24. 11. 2024 23:44