Abstract:

In this study, it is aimed to determine whether there is a relationship between the working capital and the financial performance by analyzing the working capitals and financial performance indicators of city center hospitals of the Ministry of Health. The population of the research constitutes the balance sheets and income statements of the Ministry of Health hospitals for the years of 2008-2012, which have circulating capitals in city centers. In the study, no sample is selected; however the data of 118 hospitals are included. The ratio analysis is conducted in order to determine the general financial situation of the hospitals. Then the financial performance of the hospitals and working capital situation are revealed; and finally the chi-square test of independence was used to determine the relationship between business capital and financial performance

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