Enhancing Financial Resilience in Chinese Public Hospitals: The Role of Dynamic Capabilities

Authors

  • Tongtong Zhang Faculty of Accounting, Universiti Teknologi Mara, Sabah branch, Malaysia
  • Jamaliah Said Accounting Research Institute (HICoE), Universiti Teknologi MARA, Malaysia
  • Nor Balkish Zakaria Accounting Research Institute (HICoE), Universiti Teknologi MARA, Malaysia
  • Xusheng Li Department of Spinal Orthopedics, General Hospital of Ningxia Medical University, China

DOI:

https://doi.org/10.21834/e-bpj.v10i31.6536

Keywords:

Financial Resilience, Cost Adjustment, Dynamic Capability Theory, Revenue Diversity

Abstract

The resilience of the healthcare system directly affects the quality of public life. This study investigates how dynamic capabilities in the financial management of public hospitals, including revenue diversification, cost adjustment, budget flexibility, and financial informatization impact on the resilience of public hospitals in China. An online survey of 197 management and staff in a public hospital was conducted using a seven-point Likert scale, with data analyzed via SPSSAU and Smart-PLS. Findings reveal that revenue diversification and cost adjustment significantly enhance financial resilience. The finding of the study offers insights for policymakers to improve hospital resilience and contribute to existing literature on healthcare finance.

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Published

2025-02-01

How to Cite

Zhang, T., Said, J., Zakaria, N. B., & Li, X. (2025). Enhancing Financial Resilience in Chinese Public Hospitals: The Role of Dynamic Capabilities. Environment-Behaviour Proceedings Journal, 10(31). https://doi.org/10.21834/e-bpj.v10i31.6536