台灣社會經濟發展歷程，與家族集團企業的多角化擴張之間，有著相當密切的關連性。在家族集團企業往不同產業擴張的過程當中，可以發現家族成員的內部與外部連結，對其發展脈絡扮演相當關鍵之角色。過去量化與個案分析顯示，家族成員的外部連結—尤其是與政府之間的政商關係建立，在其家族集團擴張與成長歷程上，具有舉足輕重的角色。但是過去研究多將家族集團視為一整體，討論家族集團政商關係與其發展歷程之關連，卻沒有進一步探究，家族集團當中，哪些家族成員的政商關係，對於該家族集團有哪方面之影響。本研究為彌補此一缺口，擬討論家族集團當中的創辦人角色、具接班正當性的直系血親角色，以及由外人進入該家族集團的姻親關係等三種角色，對於該家族集團多角化發展歷程之意義與影響。
　　本文根據社會資本觀點，透過長達十餘年的縱貫資料，橫貫十六家集團進行分析，結果顯示，家族創辦人的政商關係，確實對於該家族集團多角化有顯著正向影響，姻親關係的政商關係則不具顯著影響力，而直系血親的政商關係，對於家族集團多角化擴張，有不同方向的影響；其中，家族集團直系血親的正式政商關係，對於多角化擴張有顯著負向影響，但是其非正式政商關係，則對於多角化擴張有顯著正向影響。研究結果說明，家族集團當中不同成員角色的對外連結，對於其策略決定有不同方向與程度之影響。家族集團成員所建立的各種正式與非正式政商關係，對於集團發展有著不一樣的經濟租效益。研究結果對於家族集團多角化與政商關係議題，可提供具有理論與實務意涵的討論價值。

　　By utilizing longitudinal data over 10 years, this research tries to examine the relationships between distinctive political linkages by family members and the diversification implications in family business group in Taiwan. The past researches have highlighted that the political linkages established by family members have significant influence on the family business group’s diversification. However, there is little researches examine who’s political linkage is critical in determining the diversification decision in family business group. From social capital viewpoint, this research tries to investigate the diversification implications of political linkages established by three family roles, i.e., the founder, the sons, and the marriage roles, in family business groups. The results reveal that the founder’s informal political linkages have significantly positive influence on the diversification. Furthermore, the political linkages established by marriage roles do not reveal significant influence on the group’s diversification. However, the son’s political linkages have distinctive influences on the diversification decision. In that, the son’s formal political linkages have significantly negative influence on diversification, but the son’s informal political linkages have significantly positive influence on diversification. The results indicate that the differential roles in family business groups have distinctive influence on the strategy decisions. The results provide insightful theoretical and practical implications in diversification issue and political linkages issues in largely family business groups.

第一章 緒論 - 1 -
第一節 研究背景 - 1 -
第二節 問題陳述與研究目的 - 4 -
第三節 研究的重要性 - 7 -
第四節 研究流程 - 9 -
第二章 文獻探討 - 10 -
第一節 社會資本之分類與內涵 - 11 -
第二節　家族集團企業與家族社會資本 - 19 -
第三節　家族成員角色與社會資本 - 28 -
第四節 假設推導 - 33 -
第五節 研究架構 - 37 -
第三章　研究方法 - 38 -
第一節　資料蒐集 - 38 -
第二節　樣本集團介紹 - 40 -
第三節　研究變數介紹 - 53 -
第四節　Panel Data模型 - 58 -
第四章　資料分析與實證研究 - 66 -
第一節 相關分析 - 67 -
第二節 迴歸分析 -69-
第三節 研究限制 -74-
第五章　結論與建議 -75-
第一節　研究結論 -75-
第二節　理論與實務意涵 -76-
第三節　後續研究建議 -81-
參考文獻 -82-

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