Strengthening Financial Resilience in Chinese Public Hospitals: Dynamic capabilities perspective

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Vol. 10 No. 30 (2025): Jan / Apr
Published: Apr 30, 2025
DOI: https://doi.org/10.21834/aje-bs.v10i30.464
Keywords:
Financial Resilience, Dynamic Capability Theory, Revenue Diversity, Cost Adjustment,

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Zhang Tongtong
Universiti Teknologi Mara, Faculty of Accounting, 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
General Hospital of Ningxia Medical University, Department of Spinal Orthopedics, China

Abstract

The resilience of the healthcare system directly impacts the quality of public life. This study examines how dynamic capabilities in financial management, including revenue diversification, cost adjustment, budget flexibility, and financial informatization, influence the resilience of public hospitals in China. An online survey was conducted among 197 hospital staff using a seven-point Likert scale, and the collected data were analyzed using SPSSAU and Smart-PLS. The findings indicate that revenue diversification and cost adjustment significantly enhance financial resilience. This study provides valuable insights for policymakers seeking to strengthen hospital resilience and contributes to the existing body of literature on the resilience of healthcare finance.

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How to Cite
[1]
Tongtong, Z., Said, J., Zakaria, N.B. and Li, X. 2025. Strengthening Financial Resilience in Chinese Public Hospitals: Dynamic capabilities perspective. Asian Journal of Environment-Behaviour Studies. 10, 30 (Apr. 2025), 59–74. DOI:https://doi.org/10.21834/aje-bs.v10i30.464.

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Copyright (c) 2025 Zhang Tongtong, Jamaliah Said, Nor Balkish Zakaria, Xusheng Li

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