The Inheritance and Governence Arrangement of Family Businesses —The Practice and Prespective from Chinese Context

• Main Authors: Wei-Ling Kuo, 郭韋琳
• Other Authors: 柯承恩
• Format: Others
• Language: zh-TW
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/jr2f3w

碩士 === 國立臺灣大學 === 臺大-復旦EMBA境外專班 === 107 === Family business is a common business model. In the global business environment, it also plays a certain role. However, the inheritance of family businesses is a problem. In terms of practical phenomena, family business inheritance problems remained. Such as battles among brothers, family disputes, or inheritance planning is not as expected...etc. These have been heard in the real business world, which shows the importance of governance mechanism and inheritance planning. Generally speaking, due to the early development of the capital market in Europe and the United States, the overall system is relatively mature. Therefore, the governance of family business is generally adopted as a model of separation of management rights and ownership. The phenomenon of Chinese family business often presents management phenomenon that consolidatation of operation and ownership of business. In addition, the control power is usually centered on the business founder. If the inheritance and governance of the family business is not smooth, it may result faults and crises in the operation, which will affect the profitability and sustainable operation of the enterprise. Therefore, in this phenomenon, the motivation of this study was triggered. This study intends to analyze the data of the Chinese family business with indicates the special considerations in different considerations, especially in family governance, ownership governance, corporate governance, and heritage planning. The conclusions of the study summarize the practical practices of Chinese in the corporate governance and inheritance planning of the family business, and make recommendations on the future development trend of Chinese family business in corporate governance and inheritance planning.