| Summary: | 碩士 === 大葉大學 === 事業經營研究所碩士在職專班 === 93 === Corporate governance is a promotion method in business operation and administration. Good corporate governance shall, in finalizing the company policies, bring into consideration the rights and interests of the employees and stockholders and pursue transparency of information concerned. The company may therefore bring about positive benefit to the society, gain the confidence of investors and attract long-term funds.
The purpose of this research is to comprehend the management mode of family business (COMPANY A herein) that is not in conjunction with corporate governance mechanism and further proposes to COMPANY A the knowledge about adjustment required in promoting corporate governance mechanism. This will facilitate COMPANY A, under the current legal environment and market mechanism, to equally treat all the parties concerned, such as fund suppliers (including stockholders and debtees), employees, customers, manufacturers, the government and the society. It will also lead to long-term operation.
The scope of this research is to analyze the management status of COMPANY A (a family business). For this purpose, we will comprehend the current development of family business governance, including their management status and the corporate governance development of Taiwan. We will probe into the OECD corporate governance rules, APEC corporate governance promotion, internal control system and measures for improving problem enterprises in Taiwan. We will further seek evidence in the awareness and acknowledgement of corporate governance mechanism among the board of directors and controlling stockholders of COMPANY A.
The object of this research is COMPANY A. Questionnaires will be distributed to 120 employees of the company. For Taiwan, 90 people will be chosen for questionnaires survey will be implemented in January 2005. For mainland China, 30 people will be chosen for questionnaires survey will be implemented in February 2005.
Result of this research is as follows: the existence of the particular traditional culture (family inheritance) of COMPANY A justifies itself. It is also a practical choice. However, it is not the only way for the company. An enterprise of vitality shall renovate its organization pattern to match up its development and change of time and location. With the change of market environment, COMPANY A shall make a breakthrough in its traditional thinking; appropriately introduce corporate governance mechanism and professional manager from exterior sources. Under the background of separation of ownership and managerial authority, a new set-up may be realized by corporate governance, so as to realize the mission of a long-standing family business.
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