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The Physician’s Word Matters Most

Feldtblad, Hannah LU ; Karlsson, Adam LU and Karlsson, Matilda LU (2019) FEKH19 20191
Department of Business Administration
Abstract
The purpose of this thesis is to describe how physicians are affected by and deal with conflicting interests between patients and superiors, regarding personal ethics and cost-effectiveness measures, using agency theory. More specifically, how superiors might affect given care by attempting to control the physician’s performance in the pursuit of saving money, while patients want the best treatment available. We found that the profession protects the physician from direct conflicts in the agency relationships, and that the physician will give precedence to their patients’ needs, resulting in little conflict between the patient and superior. Also, in order for directives and organisational changes to have an effect on physicians, the... (More)
The purpose of this thesis is to describe how physicians are affected by and deal with conflicting interests between patients and superiors, regarding personal ethics and cost-effectiveness measures, using agency theory. More specifically, how superiors might affect given care by attempting to control the physician’s performance in the pursuit of saving money, while patients want the best treatment available. We found that the profession protects the physician from direct conflicts in the agency relationships, and that the physician will give precedence to their patients’ needs, resulting in little conflict between the patient and superior. Also, in order for directives and organisational changes to have an effect on physicians, the changes have to be in the best interest of the patient and in line with the professional values. (Less)
Please use this url to cite or link to this publication:
author
Feldtblad, Hannah LU ; Karlsson, Adam LU and Karlsson, Matilda LU
supervisor
organization
course
FEKH19 20191
year
type
M2 - Bachelor Degree
subject
keywords
Agency Theory ⋅ Principal-Agent Relationship ⋅ Swedish Healthcare ⋅ Medical Ethics ⋅ Profession
language
English
id
8987093
date added to LUP
2019-06-26 08:56:00
date last changed
2019-06-26 08:56:00
@misc{8987093,
  abstract     = {{The purpose of this thesis is to describe how physicians are affected by and deal with conflicting interests between patients and superiors, regarding personal ethics and cost-effectiveness measures, using agency theory. More specifically, how superiors might affect given care by attempting to control the physician’s performance in the pursuit of saving money, while patients want the best treatment available. We found that the profession protects the physician from direct conflicts in the agency relationships, and that the physician will give precedence to their patients’ needs, resulting in little conflict between the patient and superior. Also, in order for directives and organisational changes to have an effect on physicians, the changes have to be in the best interest of the patient and in line with the professional values.}},
  author       = {{Feldtblad, Hannah and Karlsson, Adam and Karlsson, Matilda}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{The Physician’s Word Matters Most}},
  year         = {{2019}},
}