博碩士論文 104421066 詳細資訊




以作者查詢圖書館館藏 以作者查詢臺灣博碩士 以作者查詢全國書目 勘誤回報 、線上人數:44 、訪客IP:3.147.65.185
姓名 陳品宏(Ping-Hung Chen)  查詢紙本館藏   畢業系所 企業管理學系
論文名稱 家族企業與經理人短視近利問題探討
(Family Firms and CEO Career Horizon problems)
相關論文
★ 我國中小企業貸款門檻操縱行為分析 -以某銀行授信戶為例★ 董事會結構與自願性財務預測之關聯性
★ 國際化、創新活動與公司績效:台灣上市公司董事會結構論析★ 國際化對公司經營績效的影響:資訊透明度的中介效果
★ 內部人持股與會計師選擇關聯性之研究-以馬來西亞上市公司為例★ 利用吸引力因子進行嚴重服務失誤補救之成效
★ 提升企業價值之永續發展策略 -以H公司資源回收為例★ 組織變革對業務人員銷售力的影響-以電子零組件通路商為例
★ 會計保守性與法說會的關聯性★ 探索產品品牌、品牌個性與人格特質的對應關係
★ 復徵證券交易所得稅對台灣股市之影響★ 法人說明會對國際化績效與創新的影響
★ 投資人情緒與資訊透明度關聯性之研究★ 公司股權結構與內部人交易關聯性之研究
★ 分析師是否高估應計項目的價值-兼論其對現金增資偏低訂價之影響★ 分析師預測與新上市公司新股折價關聯性之研究
檔案 [Endnote RIS 格式]    [Bibtex 格式]    [相關文章]   [文章引用]   [完整記錄]   [館藏目錄]   [檢視]  [下載]
  1. 本電子論文使用權限為同意立即開放。
  2. 已達開放權限電子全文僅授權使用者為學術研究之目的,進行個人非營利性質之檢索、閱讀、列印。
  3. 請遵守中華民國著作權法之相關規定,切勿任意重製、散佈、改作、轉貼、播送,以免觸法。

摘要(中) 以往企業都會因為所有權與經營權分離,股東與經理人目的不同,而有代理問題
產生,本研究主要探討的議題:經理人短視近利問題(CEO career horizon problem)
也是代理問題的一類,本研究使用社會情感財富(Socioemotional Wealth,簡稱 SEW)
為架構去探討企業是否會為了保護 SEW 而減少經理人短視近利問題的發生?除此之
外,本研究也根據家族企業成立過程,把家族企業成立過程分為兩類,一種是由家族
成員自己創立,另一種是併購其它企業的家族企業,最後,本研究探討家族企業中第
幾代經營領導的家族企業績效會較好,研究發現,原創的家族企業和第一代經營者領
導的家族企業績效會較好。
摘要(英) In the past , there are agency problems , because of separation of ownership and
management . the main topics in this study: CEO career horizon problem is also a kind of
agency problems . This research use socioemotional wealth as theoretical framework to consider
that whether firms will reduce the CEO career horizon problems in order to protect SEW .
Besides , this study also explores the establishment of family business process . The establishment
of family firm is divided into two cases, one is created by the family members themselves, the
other is the family firm which acquired by families . Finally , this study explores what generations
in the family firms will lead to a better performance . The study found that there are better
performance in original family firms and the family firms which lead by first generation .
關鍵字(中) ★ 家族企業
★ 社會情感財富
★ 經理人短視近利問題
關鍵字(英) ★ family firms
★ socioemotional wealth
★ CEO career horizon problems
論文目次 目錄
摘要 ..................................................................... i
Abstract ................................................................ ii
目錄 ................................................................... iii
表目錄 .................................................................. iv
第一章 緒論 .............................................................. 1
1-1 研究動機與目的.................................................... 1
1-2 研究貢獻.......................................................... 3
第二章 文獻探討 .......................................................... 4
2-1 家族企業.......................................................... 4
2-2 家族企業與代理問題................................................ 5
2-3 家族企業與經理人短視近利問題(CEO career horizon problem) .......... 7
2-4 家族企業與社會情感財富(SEW) ....................................... 8
第三章 假說發展 ......................................................... 11
第四章 研究方法 ......................................................... 14
4-1 研究期間與資料來源............................................... 14
4-2 實證模型與變數定義............................................... 14
第五章:實證結果 ........................................................ 20
5-1 敘述性統計與相關分析............................................. 20
5-2 迴歸分析......................................................... 28
第六章:結論與建議 ...................................................... 39
6-1 研究結論......................................................... 39
6-2 研究限制與建議................................................... 41
參考文獻: .............................................................. 42
參考文獻 參考文獻:
Agrawal, A., & Knoeber, C. R. (1996). Firm performance and mechanisms to control agency problems
between managers and shareholders. Journal of financial and quantitative analysis, 31(03), 377-397.
Ali, A., Chen, T. Y., & Radhakrishnan, S. (2007). Corporate disclosures by family firms. Journal of
accounting and economics, 44(1), 238-286.
Anderson, R. C., & Reeb, D. M. (2003). Founding‐family ownership and firm performance: evidence
from the S&P 500. The journal of finance, 58(3), 1301-1328.
Antia, M., Pantzalis, C., & Park, J. C. (2010). CEO decision horizon and firm performance: An
empirical investigation. Journal of Corporate Finance, 16(3), 288-301.
Baek, J. S., Kang, J. K., & Park, K. S. (2004). Corporate governance and firm value: Evidence from
the Korean financial crisis. Journal of Financial economics, 71(2), 265-313.
Barker III, V. L., & Mueller, G. C. (2002). CEO characteristics and firm R&D spending. Management
Science, 48(6), 782-801.
Berrone, P., Cruz, C., & Gomez-Mejia, L. R. (2012). Socioemotional wealth in family firms: Theoretical
dimensions, assessment approaches, and agenda for future research. Family Business Review, 25(3),
258-279.
Block, J. H. (2012). R&D investments in family and founder firms: An agency perspective. Journal of
Business Venturing, 27(2), 248-265.
43
Chang, H., & Tsao, S. M. (2013). Industry Reputation and CEO Horizon Problems. 企業管理學報, (98),
25-47.
Chen, S., Chen, X. I. A., & Cheng, Q. (2008). Do family firms provide more or less voluntary
disclosure?. Journal of accounting research, 46(3), 499-536.
Cheng, S. (2004). R&D expenditures and CEO compensation. The Accounting Review, 79(2), 305-
328.
Claessens, S., Djankov, S., Fan, J. P., & Lang, L. H. (2002). Disentangling the incentive and
entrenchment effects of large shareholdings. The journal of finance, 57(6), 2741-2771.
Davidson, W. N., Xie, B., Xu, W., & Ning, Y. (2007). The influence of executive age, career horizon and
incentives on pre-turnover earnings management. Journal of management & Governance, 11(1), 45-
60.
Dechow, P. M., & Sloan, R. G. (1991). Executive incentives and the horizon problem: An empirical
investigation. Journal of accounting and Economics, 14(1), 51-89.
Demsetz, H., & Lehn, K. (1985). The structure of corporate ownership: Causes and
consequences. Journal of political economy, 93(6), 1155-1177.
Dyer, W. G., & Whetten, D. A. (2006). Family firms and social responsibility: Preliminary evidence from
the S&P 500. Entrepreneurship Theory and Practice, 30(6), 785-802.
44
Evans, J. H., Nagarajan, N. J., & Schloetzer, J. D. (2010). CEO turnover and retention light: Retaining
former CEOs on the board. Journal of Accounting Research, 48(5), 1015-1047.
Gao, H. (2010). Market misvaluation, managerial horizon, and acquisitions. Financial
Management, 39(2), 833-850.
Gilson, R. J., & Gordon, J. N. (2003). Controlling controlling shareholders. University of Pennsylvania
Law Review, 785-843.
Haleblian, J., Devers, C. E., McNamara, G., Carpenter, M. A., & Davison, R. B. (2009). Taking stock of
what we know about mergers and acquisitions: A review and research agenda. Journal of
Management, 35(3), 469-502.
Han, I., & Chuang, C. M. (2011). The impacts of R&D investment on company performance: US vs.
Taiwanese technology-intensive industry. Review of Pacific Basin Financial Markets and
Policies, 14(01), 171-194.
Haw, I. M., Hu, B., Hwang, L. S., & Wu, W. (2004). Ultimate ownership, income management, and
legal and extra‐legal institutions. Journal of accounting research, 42(2), 423-462.
Jensen, G. R., Solberg, D. P., & Zorn, T. S. (1992). Simultaneous determination of insider ownership,
debt, and dividend policies. Journal of Financial and Quantitative analysis, 27(02), 247-263.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and
ownership structure. Journal of financial economics, 3(4), 305-360.
45
Jensen, M. C., & Murphy, K. J. (1990). Performance pay and top-management incentives. Journal of
political economy, 98(2), 225-264.
Joh, S. W. (2003). Corporate governance and firm profitability: evidence from Korea before the
economic crisis. Journal of financial Economics, 68(2), 287-322.
Johnson, S., Boone, P., Breach, A., & Friedman, E. (2000). Corporate governance in the Asian
financial crisis. Journal of financial Economics, 58(1), 141-186.
Kwak, M. (2003). The advantages of family ownership: new research, shows that companies owned
by founding families have higher profits and valuations.(Governance). MIT Sloan Management
Review, 44(2), 12-13.
Matta, E., & Beamish, P. W. (2008). The accentuated CEO career horizon problem: Evidence from
international acquisitions. Strategic Management Journal, 29(7), 683-700.
McConnell, J. J., & Servaes, H. (1990). Additional evidence on equity ownership and corporate
value. Journal of Financial economics, 27(2), 595-612.
McClelland, P. L., Barker, V. L., & Oh, W. Y. (2012). CEO career horizon and tenure: Future
performance implications under different contingencies. Journal of Business Research, 65(9), 1387-
1393.
Mitton, T. (2002). A cross-firm analysis of the impact of corporate governance on the East Asian
financial crisis. Journal of financial economics, 64(2), 215-241.
46
Shleifer, A., & Vishny, R. W. (1997). A survey of corporate governance. The journal of finance, 52(2),
737-783.
Tsai, K. H., & Wang, J. C. (2004). The R&D performance in Taiwan′s e
指導教授 曹壽民(Shou-Min Tsao) 審核日期 2017-6-26
推文 facebook   plurk   twitter   funp   google   live   udn   HD   myshare   reddit   netvibes   friend   youpush   delicious   baidu   
網路書籤 Google bookmarks   del.icio.us   hemidemi   myshare   

若有論文相關問題,請聯絡國立中央大學圖書館推廣服務組 TEL:(03)422-7151轉57407,或E-mail聯絡  - 隱私權政策聲明