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Equity financing intention of elderly care enterprises: Influence of institutional logic and operation mode
The elderly population in China is expected to exceed 300 million and enter the stage of moderate aging during the 14th Five-Year plan period from 2021 to 2025. From the sustainable development perspective of elderly care enterprises, the supply of elderly care services would be unsustainable if ent...
Autores principales: | , , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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Frontiers Media S.A.
2022
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9623179/ https://www.ncbi.nlm.nih.gov/pubmed/36330104 http://dx.doi.org/10.3389/fpubh.2022.811876 |
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author | Zhao, Yiqi Wei, Dong Zhao, Xianfeng Dong, Xianglan Guo, Luzhi |
author_facet | Zhao, Yiqi Wei, Dong Zhao, Xianfeng Dong, Xianglan Guo, Luzhi |
author_sort | Zhao, Yiqi |
collection | PubMed |
description | The elderly population in China is expected to exceed 300 million and enter the stage of moderate aging during the 14th Five-Year plan period from 2021 to 2025. From the sustainable development perspective of elderly care enterprises, the supply of elderly care services would be unsustainable if enterprises suffer long-term losses. In the latter pursuit of high profits, the burden on consumers will increase. Equity financing of these enterprises is the key to achieving high-quality transformation and development by considering economic and social benefits. This study considers 20 well-known China-based elderly care enterprises as the research object. It uses a fuzzy set to explore system logic, operation mode, management performance, and attitude of elderly care enterprises toward investment through the qualitative comparative analysis method. The causal relationship between them is clarified—because, before the endowment enterprise equity financing intention of China, it is important to explore the effective path of equity financing of endowment enterprises. In the past, this helped Chinese elderly care enterprises actively cope with the trend of population aging, meet the needs of diversified and multi-level elderly care services, establish a sustainable development mode, and achieve high-quality transformation and development. The results show that (1) the operating performance of elderly care enterprises under the mode of public construction and private operation is poor; (2) elderly care enterprises driven by public welfare logic are more likely to achieve higher business performance, and (3) elderly care enterprises driven by business logic are more willing to introduce investment when they have made profits. |
format | Online Article Text |
id | pubmed-9623179 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Frontiers Media S.A. |
record_format | MEDLINE/PubMed |
spelling | pubmed-96231792022-11-02 Equity financing intention of elderly care enterprises: Influence of institutional logic and operation mode Zhao, Yiqi Wei, Dong Zhao, Xianfeng Dong, Xianglan Guo, Luzhi Front Public Health Public Health The elderly population in China is expected to exceed 300 million and enter the stage of moderate aging during the 14th Five-Year plan period from 2021 to 2025. From the sustainable development perspective of elderly care enterprises, the supply of elderly care services would be unsustainable if enterprises suffer long-term losses. In the latter pursuit of high profits, the burden on consumers will increase. Equity financing of these enterprises is the key to achieving high-quality transformation and development by considering economic and social benefits. This study considers 20 well-known China-based elderly care enterprises as the research object. It uses a fuzzy set to explore system logic, operation mode, management performance, and attitude of elderly care enterprises toward investment through the qualitative comparative analysis method. The causal relationship between them is clarified—because, before the endowment enterprise equity financing intention of China, it is important to explore the effective path of equity financing of endowment enterprises. In the past, this helped Chinese elderly care enterprises actively cope with the trend of population aging, meet the needs of diversified and multi-level elderly care services, establish a sustainable development mode, and achieve high-quality transformation and development. The results show that (1) the operating performance of elderly care enterprises under the mode of public construction and private operation is poor; (2) elderly care enterprises driven by public welfare logic are more likely to achieve higher business performance, and (3) elderly care enterprises driven by business logic are more willing to introduce investment when they have made profits. Frontiers Media S.A. 2022-10-18 /pmc/articles/PMC9623179/ /pubmed/36330104 http://dx.doi.org/10.3389/fpubh.2022.811876 Text en Copyright © 2022 Zhao, Wei, Zhao, Dong and Guo. https://creativecommons.org/licenses/by/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms. |
spellingShingle | Public Health Zhao, Yiqi Wei, Dong Zhao, Xianfeng Dong, Xianglan Guo, Luzhi Equity financing intention of elderly care enterprises: Influence of institutional logic and operation mode |
title | Equity financing intention of elderly care enterprises: Influence of institutional logic and operation mode |
title_full | Equity financing intention of elderly care enterprises: Influence of institutional logic and operation mode |
title_fullStr | Equity financing intention of elderly care enterprises: Influence of institutional logic and operation mode |
title_full_unstemmed | Equity financing intention of elderly care enterprises: Influence of institutional logic and operation mode |
title_short | Equity financing intention of elderly care enterprises: Influence of institutional logic and operation mode |
title_sort | equity financing intention of elderly care enterprises: influence of institutional logic and operation mode |
topic | Public Health |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9623179/ https://www.ncbi.nlm.nih.gov/pubmed/36330104 http://dx.doi.org/10.3389/fpubh.2022.811876 |
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