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系統識別號 U0026-0812200913505779
論文名稱(中文) 家族涉入與公司長期績效---策略持續性與它的中介效果
論文名稱(英文) Family Involvement on the Long-term Performance---the Strategic Persistence and its Mediating Effects
校院名稱 成功大學
系所名稱(中) 高階管理碩士在職專班(EMBA)
系所名稱(英) Executive Master of Business Administration (EMBA)
學年度 95
學期 2
出版年 96
研究生(中文) 張家綸
研究生(英文) Chia-Lun Chang
電子信箱 allen_chang@yahoo.com
學號 r0793143
學位類別 碩士
語文別 英文
論文頁數 55頁
口試委員 召集委員-張紹基
口試委員-史習安
指導教授-吳學良
中文關鍵字 家族涉入  公司治理  策略持續性  家族事業 
英文關鍵字 Family involvement  Family firm  Strategic persistence  Family business  Corporate governance 
學科別分類
中文摘要 家族企業在全球經濟活動中一直扮演著非常重要的角色。但是有關家族的涉入、策略的持續性與公司績效三者關係的研究極少。因此,本研究的重點是在檢視以下幾個問題。當家族成員是董事會成員時,家族的涉入會如何影響公司的長期績效? 策略的持續性對長期績效究竟是正向或是負向的關係? 策略的持續性是否可被視為介於家族涉入與長期績效的中介變數嗎?
本研究蒐集了1996年到2005年間453家台灣上市櫃公司作為樣本研究。結果發現家族涉入與公司長期績效或者是對策略的持續性都是呈負面的效果。也就是說當越多家族成員成為董事會董事時,的確會對策略的持續性和公司的長期財務表現是有負面的影響。再者,研究亦發現策略的持續性對家族的涉入和公司的績效具有中介效果。
英文摘要 Family firm business in global economic activity has been playing a very important role, but few studies have been to demonstrate connections among family involvement, strategic persistence, and performance. Therefore, this study will focus on examining the following issues. How does family involvement, especially when family members as board directors, affect firm’s long-term performance? Whether the strategic persistence is positive or negative relation with long-term performance? Can the strategic persistence be considering as a mediator between family involvement and long-term performance?
In this study, we collected for a sample of 453 companies, all of which were listed on the TSE from 1996 to 2005. As results, first, as we found, the relationship between family involvement and firm’s long-term performance or strategic persistence were negative which means the high proportion of family members as board directors actually has negative consequence to the strategic persistence, as well as to the long-term financial performance. Furthermore, the findings imply strategic persistence can mediate the relationship of the family involvement and firm’s long-term performance.
論文目次 摘要 ………………………………………………………………………………I
Abstract …………………………………………………………………………II
誌謝 ……………………………………………………………………………III
Table of Contents ………………………………………………………………IV
List of Tables …………………………………………………………………VI
List of Figures …………………………………………………………………VII

Chapter 1: Introduction
1-1 Research Background and Motivations …………………………………1
1-2 Research Objectives …………………………………………………3
1-3 The Organization of this Research ………………………………………3
Chapter 2: Literature Review and Hypotheses
2-1 Agency Theory …………………………………………………………5
2-2 Stewardship Theory ……………………………………………………6
2-3 Family Involvement …………………………………………………7
2-4 Strategic Persistence …………………………………………………12
Chapter 3: Research Design and Methodology
3-1 Sample and Data Collection …………………………………………18
3-2 The Conceptual Framework …………………………………………19
3-3 Measurement ……………………………………………………20
3-4 Statistic Method ……………………………………………………23
Chapter4: Analysis and Results
4-1 Descriptive Statistics and Correlation Analysis …………………26
4-2 Regression Results ………………………………………………29
Chapter5: Conclusions and Suggestions
5-1 Discussion and Implications ………………………………………34
5-2 Limitations and Suggestions …………………………………………36
Reference ……………………………………………………………………38
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