Abstract
The study aims to test the impact of the elements of the cash flow statement on the financial performance of private hospitals in Jordan. The study sample includes (5) private hospitals for the period between (2016–2020), with a capital of more than fifteen million JD. The path analysis method is also used, through the Structural Modeling Program (Smart PLS) in order to achieve the study’s objectives and answer the study’s hypotheses. This study finds, there is an impact of elements of cash flows of operating, investing, and financing activities on the financial performance measures through (liquidity ratios, financial leverage, and profitability). Also, there is an impact of cash flows of operating activities, on the volume of capital in private hospitals.
The study recommends decision-makers to pay attention to private hospitals of the elements of the cash flow list and manages it efficiently. The capital is taken into account when evaluating the financial performance of private hospitals. Finally, the study recommends to conduct the study variables on other sectors, such as the financial sector, industrial sectors, and other service sectors to understand how the elements of their cash flow affect performance.
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Khresat, O., Al-Fasfus, F., Shaban, O., Shahwan, Y., Alsilawi, A. (2023). Impact of Cash Flow Statement Elements on Financial Performance: The Mediating Role of Capital in Private Hospitals in Jordan. In: Alareeni, B.A.M., Elgedawy, I. (eds) Artificial Intelligence (AI) and Finance. Studies in Systems, Decision and Control, vol 488. Springer, Cham. https://doi.org/10.1007/978-3-031-39158-3_76
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