Do corporate governance mechanisms and internal control systems matter in reducing mortality rates?

Abstract

Summary Internal controls are critical to guarding an institution against fraud, error, and devastation. They are effective tools for preventing losses and achieving organizational goals. However, internal control mechanisms need to be relevant, because the organization cannot comprehend the effectiveness of the system if they are out‐of‐touch with the operation. Health care control practices are not exceptionally different from what pertains in other industries. The health care organizations require effective corporate governance mechanisms to uphold their operations and performances. These practices assist health care organizations to exhume cynical practices that generate unproductive results and also factors militating against the hospital's goals or objectives. This study revealed that practices such as enhanced Board diligence, Health Professionals on board, financial prudence, and effective communication have the tendency of reducing mortality, if well executed.

Does the supervisory ability of internal audit executives affect the occurrence of corporate fraud? Evidence from small and medium-sized listed enterprises in China

“…Previous studies have confirmed that the regulatory effectiveness of external media and government departments (Yang and Zhao, 2017; Mei, 2018; Xiong et al , 2018; Yin and Li, 2018), analyst tracking (Chen et al , 2016), the level of internal governance (Liang et al , 2004; Chen et al , 2016; Afriyie et al , 2019), the ownership structure (Fan and Wong, 2002; Lu et al , 2012; Afriyie et al , 2019) and pay incentive policies (Johnson et al , 2009; Zhang and Zhang, 2017; Wei and Geng, 2018) can provide potential opportunities for violations. As an important component of the internal corporate governance system, the restraining effect of the quality of the internal audit function on the quality of corporate financial reporting has been widely recognized (Altamuro and Beatty, 2010; Wang et al , 2010; Shi et al , 2011; Gros et al , 2017).…”

A qualitative model for evaluating and improving nursing governance in medium‐ and long‐term intermediate care

“…This commitment materializes in respect of stakeholders, transparency, effective management by the administrative team, the auditing of outcomes and good communication. When applied in hospitals, this model has been shown to help prevent financial losses and reduce mortality (Afriyie et al, 2019). For our purposes, nurses can be considered a stakeholder group, both because they belong to the same society as the people they care for and because the enterprise cannot survive without them (He, 2011).…”

“…When transparency and communication are lacking, problems of trust can ensue (Alimehmeti & Paletta, 2014). Having a communication strategy that includes transparency (e.g., by using simple messaging) improves health outcomes, increases patient satisfaction, encourages joint problem‐solving and makes it easier to align personal and organisational goals (Afriyie et al, 2019).…”

Gestión y control interno en las Juntas Administradoras de Agua Potable del cantón La Troncal

“…De acuerdo con lo expuesto, el incumplimiento de las obligaciones de pagos de los individuos está ligado a situación económica, es por ello que la máxima autoridad en conjunto con los mandos medios deben medir el grado de eficiencia, eficacia y economía en la gestión de recuperación de cartera vencida a fin de minimizar el riesgo financiero y evitar el alto índice de morosidad para garantizar el logro de los objetivos e implementar medidas preventivas y correctivas a dichas deficiencias (Afriyie, et al, 2019); (Sy & Tinker, 2019).…”