Financial and non-financial determinants of the indebtedness of hospitals:the case of Poland

The performance of Polish healthcare is still far from satisfactory,which is connected with growing indebtedness that adversely affects not only the development of healthcare but also the quality of medical services provided.In turn,the financial situation of hospitals depends on various indicators and the relationship between them.This paper investigates the determinants of healthcare sector functioning in the context of hospitals’financial situation(dependent variable measured by total debt ratio).321 individual public units were examined between years 2007–2017.More specifically,the fixed effects panel data model in question measures and evaluates the impact of economic,regional,institutional,and social factors in determining the dependent variable.This study confirmed dependencies between financial and non-financial ratios along with their impact on the financial condition of studied entities.The management implications of our study lay the groundwork for the improvement of efficient resource management for public hospitals.

海外可再生能源项目融资分析

随着我国能源投资国际化发展日益蓬勃,对境外有限追索权项目融资模式的探索以丰富传统海外投资模式在近年越发引起关注。卢志强先生在本文分享了他二十多年来在银行和新能源行业国内外融资的丰富经验,为我国海外投资方介绍项目融资与企业贷款的优势和方案对比、从贷方的角度分析银行对项目融资是怎么来评估以及转嫁风险、并为复杂的条款进行解读。借力外部融资除了可减少企业因负债率,更是为海外项目风险把关,确保项目更加可行和完善的。