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Abstract
Family business mode has existed in world for long time. The Fortune magazine shows ,five hundred businesses ,family business exist over one –third .In Taiwan ,since 1970,Taiwan government concentrate on economic development ,private corporate, especially family business mode grows fast. 2012 Common Wealth Magazine survey shows, in Taiwan thirty businesses , only one-sixth have succession plan .These business founders almost over sixty years old. Recent, many well-known family businesses , the successors have poor performance in business or faces critical family disputes. The appearance elaborates these family businesses may confront the invisible risk.
The succession plan strategy has been important issues in Taiwan ,including Chinese culture area and it has influence on corporate governance . We should consider how family business work succession plan well. Two Cases study, are separately analyzed to understand founder background, succession mode, manager process , successor plan performance, and shareholder structure .The case show different succession mode, and case analysis conclude key factors to succession plan strategy as following, 1.succession planning 2.Chinese ethical value 3.board of directors meeting .4.stockholders structure .Furthermore, these factors are added into succession plan for only Taiwan family plan strategy and hope it assist theses family businesses finish the succession plan .
Keyword : board of directors meeting , corporate governance ,succession plan ,succession mode, stockholders structure | en_US |