## Abstract The paper explores the link between managerial performance and cost efficiency of 617 Japanese general local public hospitals in 1999β2007. Treating managerial performance as unobservable heterogeneity, the paper employs a panel data stochastic cost frontier model with latent classes. F
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Corporate social responsibility and firm efficiency: a latent class stochastic frontier analysis
β Scribed by Leonardo Becchetti; Giovanni Trovato
- Publisher
- Springer
- Year
- 2011
- Tongue
- English
- Weight
- 570 KB
- Volume
- 36
- Category
- Article
- ISSN
- 0895-562X
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## Abstract By using a stochastic frontier model, we have identified several firmβspecific attributes as determinants of technical efficiency in foreignβfinanced manufacturing firms in southern China. The empirical results suggest a strong association between efficiency and employee motivation, whi