Financial and efficiency differences in family-owned and non owned nursing homes an Oregon study / Kleinsorg, Elene K.

By: Kleinsorg, Elene K
Material type: ArticleArticlePublisher: 1994Description: 73 - 86 In: Family Business ReviewSummary: There has been little empirical research investigating the performance differences between family-owned and non-family-owned businesses. This study investigated differences in efficiency between family-owned and non-family-owned nursing homes in the State of Oregon, as defined and identified by data envelopment analysis (DBA) and by selected traditional financial measures. More family-owned nursing homes than non-family-owned homes were identified as inefficient, and family-owned nursing homes were found to have significantly fewer assets and more liabilities than non-family-owned homes. Suggested reasons for the results are discussed.
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There has been little empirical research investigating the performance differences between family-owned and non-family-owned businesses. This study investigated differences in efficiency between family-owned and non-family-owned nursing homes in the State of Oregon, as defined and identified by data envelopment analysis (DBA) and by selected traditional financial measures. More family-owned nursing homes than non-family-owned homes were identified as inefficient, and family-owned nursing homes were found to have significantly fewer assets and more liabilities than non-family-owned homes. Suggested reasons for the results are discussed.

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