Creative Commons

This dissertation was written as part of the MSc in International Accounting, Auditing and Financial Management at the International Hellenic University. This study examines the factors that affect the Net Income of Greek public hospitals for the period 2012-2015. A representative sample of 107 public hospitals is chosen to construct a dataset that contains information about the number of hospitalized patients and other variables that are taken from the financial statements. The main objective is to explore whether there is evidence for accounting principles violation. To address this question, two more points need to be clarified: a) how these factors have been presented in the financial statements and b) what are the specific grants that these hospitals received from the state the latest years. Adopting the OLS method, the results suggest that a significant number of Greek public hospitals have violated accounting principles such as the accrual principle, the matching principle and the conservatism principle.