Journal of Business & Financial Affairs

The Moderating Effect of Stakeholder Participation in Decision-making on Risk Management and Financial Stability in Polish Public Hospitals

Abstract

Sofia Costa*

This article delves into the crucial role of stakeholder participation in decision-making processes and its impact on risk management and financial stability in Polish public hospitals. It explores how the involvement of stakeholders can moderate the risks associated with healthcare operations and ensure sustainable financial performance. By examining literature on stakeholder theory, risk management, and financial stability, this article highlights the significance of inclusive decision-making in the complex healthcare landscape. The findings emphasize the need for Polish public hospitals to integrate stakeholder perspectives effectively to mitigate risks and enhance financial resilience.