| Summary: | 碩士 === 國立中央大學 === 人力資源管理研究所 === 106 === Family businesses are the most prevalent organization form in Taiwan. Study of Taiwan Institute of Directors has shown about 73% of Taiwanese publicly traded companies are family businesses, whose revenue accounts for over 90% of Taiwan's GDP. A lot of family businesses’ top managers come from within the family. They may have the tendency of stewardship. In the light of this, this study attempts to investigate the impact of the strengths and weaknesses of stewardship on organizational performance, and take turnover rate and human capital as the mediator.
In this study, collect data from Taiwan Economic Journal. Use structural equation modeling (SEM) approach to test the model fit of the listed companies at stock exchange market in Taiwan at 2016, including 637 firms. To verify the hypothesis of this study by using Path Analysis's standardized path parameter estimates and significance levels.
Research results are summarized as follow:
1. Stewardship tendency has an obvious and positive influence on organizational performance.
2. Stewardship tendency has an obvious and negative influence on organizational turnover rate.
3. Organizational turnover rate has an obvious and negative influence on organizational performance.
4. The relationship between stewardship tendency and organizational performance is mediated by organizational turnover rate.
5. Stewardship tendency has an obvious and positive influence on human capital.
6. Human capital has an obvious and negative influence on organizational performance.
7. The relationship between stewardship tendency and organizational performance is mediated by human capital.
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