재무성과 영향요인 간 구조적인 관계 분석

An Analysis of Structural Relationships among the Factors Affecting Financial Performance

Purpose – This study aims to examine structural relationships among factors affecting financial performance. Design/Methodology/Approach – Data were obtained from 136 statistically reliable Annual Balance Sheets (2019) submitted to the National Tax Service and ALIO by tertiary and general hospitals. Liquidity indicator, leverage ratio, turnover indicator, growth indicator, and profitability indicator were calculated based on various account statistics on the financial statements. SPSS 26 was used to examine frequency according to general characteristics, and AMOS 28 was used to analyze structural relationships among factors affecting financial performance. Findings – As a result of the analysis of structural relationships, liquidity and growth have a significant positive (+) effect on profitability. Liquidity has a partial mediating effect and a full mediating effect, respectively, in that growth and activity have a significant positive (+) effect on profitability. Research Implications – Profits are generated when a stable financial position is premised, and synergy effects are also exerted on activity and growth performance. Therefore, hospitals must maintain a stable financial position based on liquidity to provide high-quality public health services by increasing profits and improving efficiency. In addition, since the three major cost variables function as factors of financial performance, it is necessary to conduct a comprehensive analysis in future research by adding cost variables based on three-year time series data.