標題 99E7-家族接班人對企業興業價值影響之研究The impact of family successors on the economic
姓名 楊朝景
指導教授 翁鶯娟老師
畢業日期 2011/06
附件檔案 99E7Adobe PDF
參考連結
摘要 在現今競爭激烈的企業環境中，企業為了達到永續經營的目標，不斷在找尋企業成長的機會，而企業興業(合資與併購)在過去這幾年來一直是企業尋求外部成長的主要策略。本研究主要在探討CEO繼承(有繼承與無繼承)與CEO來源(家族與非家族繼承CEO)對興業績效之影響，並加入CEO個人特殊資產作為干擾，進一步探討CEO個人特殊資產對家族與非家族繼承CEO與興業績效間關係之影響。本研究結果發現當公司已有繼承發生時，對興業績效為正向影響。如繼承CEO為家族成員時，對興業績效為負向影響。此外，繼承CEO的特殊資產，不論是低教育
參考文獻 中文部分
林坤池（1986），國內家族企業接班人培育之研究，工業技術研究院工程技術研究所碩士論文。
徐慶雲（1992），家族企業的繼承問題─國內家族企業繼承人的培育，國立台灣大學商學研究所碩士論文
陳信翰(2011) 企業購併策略之個案分析–以eBay 公司在中國市場為例國立台灣科技大學MBA碩士論文
陳泰和，台灣家族企業接班人選擇因素之研究－以『交易成本』、『信賴機制』、『網絡關係』之觀點探討，碩士論文，國立台灣大學國際企業研究所。
潘鳳文，2005，台灣家族企業傳承之個案研究，私立輔仁大學金融研究
所碩士論文。
英文部分
Altman, J.W.& Zacharakis, A. (2003) “An integrative model for corporate venturing”, The Journal of Private Equity, 6(4):68-76.
Aiken, M. and J. Hage, 1968, “Organizational Interdependence and
Intraorganizational Structure”, American Sociological Review, 33,912-930
Alchian, A., and S. Woodward., 1987, “Reflections on the Theory of the Firm”,
Journal of Institutional and Theoretical Economics, 143, 110-136
Athanassiou, N and D.Nigh, 2002. The Impact of the Top Management Team's
International Bussiness Experience on the Firm's Internationalization: Social Networks at Work, Management International Review,Vol.4：157-181.
38
Barker III, V. L. and G..C. Mueller, 2002. CEO Characteristics and Firm R＆D
spending, Management Science,Vol.6：782-801.
Berggren, C. ， Mergers, MNES and innovation-the need for new research
approaches，C. Berggren/Scand. J. Mgmt.，vol.19，pp.173- 191，2003。
Birkinshaw, J. & Hill, S. A. (2005) “Corporate venturing units: vehicles for strategic success in the new Europe”, Organizational Dynamics, 34(3):247-257.
Block, Z. & I.C. MacMillan. (1993) Venturing with Corporate Venture
Capital ,Harvard Business School Press, Boston.
Broutners, K.D., P.V. Hastenbury & J.V.D. Ven，IF most mergers fail why are
they so popular？，Long Range Planning，vol.31，pp.347-353，1998。
Brown, S. J. and J. B. Warner (1985). ‘Using daily stock returns: the case of event studies’, Journal of Financial Economics, 14, pp. 3–31.
Calantone, R. J., Cavusgil, S. T. & Yushan（2002）, Learning Orientation, Firm Innovation capability, and firm performance. Industrial Marketing
Chesbrough, H.W. (2002) “Making sense of corporate venture capital”, Harvard Business Review, 80(3):90-99.
Collins, M.O. (2005) “A powerful business model for capturing innovation”,
Management Services, 49(2):37-39.
Constable, J. F. and Russell, D. W. (1988), “The Effect of Social Support and the work Environment upon Burnout among Nurses”, Journal of Human Stress, spring: pp.20-26
Cyert, R.M. and J.G.March, 1963.A Behavior theory of the firm. Englewood Cliffs,NJ: Prentice-Hall.
Day, David. V. andLord, Robert G., (1988), “Executive Leadership and Organizational Performance: Suggestions for a New Theory and Methodology”, Journal of Management, 14(3), pp453-464
Drucker, P. F. （1992）, Innovation and Entrepreneurship, Practice and Principles, Heinemann, London.
39
Drucker, Peter F.（1985）Innovation and Entrepreneurship: practice and principies, MA, USA: Elsevier Butterworth-Heinemann, Reprinted 2004.
Dushnitsky, G. & Lenox, M.J. (2005) “When do incumbents learn from
entrepreneurial ventures? Corporate venture capital and investing firm
innovation rates”, Research Policy, 34(5):615–639.
Dyck, B., Mauws, M., Starke, F. A. and Mischke, G. A. (2002),” The importance of sequence, timing, technique and communication in executive succession” Journal of Business Venturing, 17(2), pp.143-162.
Finkelstein, S. and D.C.Hambrick, 1996.Strategic Leadership: Top Executives and Their Effects on Organizations.St.Paul, MN: West.
Gammelgaard, J.，Access of competence: an emerging acquisition motive，
European Business Forum，vol.17，pp.44-47，2004。
Gephart, Robert P. Jr. (1978), “Status Degradation and Organizational Succession: An Ethno methodological Approach” Administrative Science Quarterly, 23(4), pp. 553-581
Geringer, J.M., and L. Hebert, 1988, Joint venture partner selection: Strategies fordeveloped countries. West port, Conn: Quorum Books
Gilmore, T. N. and McCann J. E. (1983), “Diagnosing Organizational Decision
Making through Responsibility carting,” Sloan management Review, 1983(winter),pp.3-15
Guth, W. D. & Ginsberg, A. (1990) “Guest editors’ introduction: corporate entrepreneurship”, Strategic Management Journal, 11(5):5-15.
Hambrick, D.C., 1987 .The top management team: Key to strategic success,
California Management Review, Berkeley, Fall, Vol.30, pp.88-108.
Hage, J. and R.Dewer, 1973. Elite values versus organizational structure in
predicting innovation, Administrative Science Quarterly, September：279-290
Henderson, G. V. Jr. (1990), Problems and solutions in conducting event studies. Journal of risk and insurance, 57, 282-306
40
Hennart, J.F., 1988, A Theory of Multinational Enterprise, Univ. of Michigan Press,Ann Arbor, Mi
Hennart, J.F., 1991, “The Transaction Costs Theory of Joint Ventures: An Empirical Study of Japanese Subsidiaries in the United States”, Management Science, 37, 483-497
Herrmann, P. and D.K.Datta, 2002 .CEO successor Characteristics and the Choice of Foreign Market Entry Mode: An Empirical Study,Journal of InternationalBusiness Studies, 33(3)：551-569.
Joseph P.H. Fan, Ming Jian, and Yin-Hua Yeh（2007）, Succession: the Roles of Specialized Assets and Transfer Costs, Working paper.
Johnson, S.A., and M.B. Houston, 1999, ”A Reexamination of the Motives and Gains in Joint Ventures”, Journal of Financial and Quantitative Analysis, 2, 519-536
Kesner, Idalene F. and Sebora, Terrence C. (1994), “Executive Succession: Past, Present & Future” Journal of Management, 20(2), pp. 327-372
Kets de Vries, M. and D. Miller, 1984.The neurotic organization. San Francisco:Jossey Bass.
Killing, J.P., 1983, ”Strategies for Joint Venture Success”, New York: Praeger
Kogut, B., 1988, “Joint Ventures: Theoretical and Empirical Perspectives”, Strategic Management Journal 9, 319-332
Koufopoulos, D.N., 2002.Executives'predisposition for planning in an emergingcountry environment,Management Science,40(5)：584-595.
Lansberg Ivan,（1995）, The succession conspiracy. Family business review, vol.1, no.2
Lansberg, I. 1988. The succession conspiracy. Family Business Review, 1(2): 119-143.
Le Breton-Miller, I., Miller, D. And Steier, L.,（ 2004）, Toward an integrative model of effective FOB succession. Entrepreneurship Theory and Practice, 28,p305-328.
Lewin, A.Y. and C.U.Stephens, 1994.CEOattitudes as determinants of
41
organizationdesign:an integrate model,Organaztion Studies,Vol15：183-212.
Lado, Augustine A. and Wilson, Mary C. (1994),”Human Resource Systems and Sustained Competitive Advantage: A Competency-Based Perspective” The Academy of Management Review, 19(4), pp. 699-727
Markham, S.K., Gentry, S.T., Hume, D., Ramachandran, R. & Kingon, A.I.
(2005) “Strategies and tactics for external corporate venturing”, Risk
Management, 48(2): 60-61.
Miborrow, G. (1988), “Crafty Management”, Management today, Vol.12, p.5.
Miller, D. and Friesen,P.,1985.”Innovation in Conservation and Entrepreneurial Firms: Two Models of Stratehic Management,”Strategic Management Journal,Vol.3,p1-25.
Miller, D. and J-M.Toulouse, 1986. Chief executive personality and coporate
strategy and structure in small firms, Management Science, 32：1389-1406
Morris, M.l H., Williams, R. O., Allen, J. A.and Avila, R. A. (1997), “Correlates of success in family business transitions”, Journal of Business Venturing, 12(5), pp.385-401
Myers, S. and N. Majluf., “Corporate Financing Decisions When Firms Have
Information that Investors Do Not Have”, Journal of Financial Economics, 13, 187-221
Nohria, N. & Gulati, R. (1996) “Is slack good or bad for innovation?”,
Academy of Management Journal, 39(5):1245-1264.
Papadakis, V. and D.Bourantas, 1998.The CHIEF Executive Officer as Corporate Champion of Technological Innovation: An Empiriical Investion, Technology＆Strategic Management,Vol.10：89-109.
Park B.I., A. Giroud, H. Mirza & J. Whitelock, (2008), Knowledge Acquisition And Performance: The Role of Foreign Parents In Korean IJVs, Asian Business & Management,p11-32.
Pfeffer, J. and P. Nowak, 1976, ”Joint Ventures and Interorganizational
Interdependence”, Administrative Science Quarterly, 21, 398-418
42
Pfeffer, J. (1981),” Management as symbolic action: The creation and maintenance of organizational paradigms”, Research in organizational behavior, p.1-52
Raveendra Chittoor, Ranjan Das,（2007）, Professionalization of Management and Succession Performance—A Vital Linkage, Family Business Review, 603-615.
Sharma, P., Chrisman, J. J. and Chua, J. H. (2003), “Succession Planning as Planned Behavior: Some Empirical Results”, Family Business Review 16 (1), pp.1–15
Sorescu A.B., R.K. Chandy & Prabhu, (2007), Why some acquisitions
do better than others: Product capital as a driver of long-term stock
returns, Journal of Marketing Research, p57-72.
Sorensen, D.E.，Characteristics of merging firms，Journal of Economics and
Business，vol.52，pp.423-433，2000。
Tetenbaum, T.J.，Beating the odds of merger and acquisition failure，Organizational Dyanmics，vol.22，pp.22-29，1999。
Vermeulen F., (2007), Bad Deals: Eight warning signs that an acquisition may not pay off, MIT Sloan Management Review.
Venter, E., Boshoff C. and Maas, G. (2005), “The Influence of Successor-Related Factors on the Succession Process in Small and Medium-Sized Family Businesses”, Family Business Review, 18(4), pp. 283-303. Weiner, N., and Mahoney, T. A. (1981), “Corporate
Wally, S. and M.Becerra, 2001.Top Management Team Characteristics and
Strategic Change in International Diversification,"Group and Organization Management, Vol.2：165-188.
Weiner, N., and Mahoney, T. A. (1981), “Corporate Performance as a Function of Environmental Organizational and Leadership Influences”, Academy of Management Journal, 24(3), pp. 453-470.
Zahra, S. and J.Pearce, 1989.Board of directors and corporate financial
43
44
performance: A review and integrative model, Journal of Management, 15：291-334.
Zahra, S.A., 1995.”Corporate Entrepreneurship and financial Performance: The Case of Management Leveraged Buyouts,” Journal of Business Venturing, Vol.10,p225-247
Zollo M. & H. Singh, (2002), Deliberate Learning In Corporate
Acquisitions: Post- Acquisition Strategies And Integration Capability
In U.S. Bank Mergers. Strategy Management Journal, p1233-1257.