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博碩士論文 etd-0624103-150128 詳細資訊
Title page for etd-0624103-150128
論文名稱
Title
從高階主管離職率探討家族與非家族企業之公司治理
The influence of family control on corporate governance
系所名稱
Department
畢業學年期
Year, semester
語文別
Language
學位類別
Degree
頁數
Number of pages
72
研究生
Author
指導教授
Advisor
召集委員
Convenor
口試委員
Advisory Committee
口試日期
Date of Exam
2003-06-05
繳交日期
Date of Submission
2003-06-24
關鍵字
Keywords
公司治理、家族、董事會
family firm, corporate governance
統計
Statistics
本論文已被瀏覽 5681 次,被下載 32
The thesis/dissertation has been browsed 5681 times, has been downloaded 32 times.
中文摘要
論文摘要
為了驗證在家族力量的影響下,公司治理的機制是否能具體發揮監督的功能,本研究採用高階主管離職率做為公司治理衡量指標進行實證。
本研究將1998~2001年台灣上市公司分為家族與非家族企業,再加入高科技與傳統產業的分類,進一步探討家族力量對公司治理的影響,是否會因產業的特性而異。藉由Logistic迴歸模型的建立,來實證各分群中高階主管離職率與公司績效及公司治理機制的關係。
研究結果顯示,在傳統產業中的家族企業,由於血緣關係的連結以及共同價值觀的約束,的確能讓公司治理的監督功能具體發揮效用,而在傳統產業中的非家族企業則無法得到驗證。另外在研究過程中也發現家族力量對公司治理的影響在高科技產業中並不明顯,而在高科技產業中的非家族企業,公司治理的監督功能則能具體發揮效用,顯示影響公司治理的因素會因產業特性而異。

Abstract
ABSTRACT
This paper tests the influence of family control on corporate governance. It empirically examines the efficacy of internal governance mechanisms by analyzing the forced turnovers of top executive officers in Taiwan manufacturing companies. We divide samples into family firms and non-family firms, and also into firms in the high-tech industry and firms in the traditional industry.
The result shows that corporate governance in family firms differs from that in non-family firms. In the traditional industry, the top executive turnover is related to performance for family firms, and it implies the effectiveness of internal monitoring mechanism. However there is no evidence to prove the efficiency of governance mechanism for non-family firms in the traditional industry. In the high-tech industry, the influence of family control on corporate governance is not significantly observed, but there is significant evidence to show the well functioning of governance mechanism in non-family firms. Overall, these results suggest that both family control and industry characteristic do influence the efficiency of corporate governance.

目次 Table of Contents
目錄
第一章 緒論.......................................................1
第一節 研究動機與目的.......................................1
第二節 論文架構.............................................3
第二章 文獻探討...................................................6
第一節 代理問題之研究.......................................6
第二節 公司治理機制與高階主管離職率.........................18
第三章 研究方法...................................................26
第一節 研究假說.............................................26
第二節 研究變數.............................................30
第三節 分析方法.............................................34
第四章 實證結果與分析.............................................36
第一節 敘述統計結果.........................................36
第二節 迴歸分析結果.........................................42
第三節 假說驗證.............................................46
第五章 結論與未來研究方向.........................................51
第一節 家族企業之公司治理...................................51
第二節 非家族企業之公司治理.................................53
第三節 未來研究方向.........................................56
參考文獻...........................................................57
附錄一 皮爾森積差相關分析.........................................65
附錄二 各產業家族與非家族企業之比例...............................67
附錄三 各產業家族與非家族企業列表.................................68
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