Verification of Financial Performance Improvement by Responsibility Accounting at Medical Corporations

Effectiveness Assessment of Management Accounting at Non-Profit Organizations

Abstract

　It is verified that responsibility accounting is effective at medical corporations by analyzing financial performance difference among medical corporations with different levels of management accounting practice. Medical corporations with higher level of practice have higher average and smaller variance of operating margin. It is verified by analysis of variance and multiple comparison that levels of management accounting practice have a significant relationship with operating margin. The fact is also verified by multiple regression model with other explanatory variables.