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OTC before and after the Corporate Governance of Family Business -Taking Steel Industry Company S as Example

It is generally accepted that with the rapid development of Taiwan's economy, the number and size of domestic companies amplified increasingly. Evidences show that over the past decade of domestic market growths and international expending, the company goes stock options to public increasingly. For time beings, industries in Taiwan have been evolved from agricultural into industrial in the structure of SMEs, and family-run business has been staying as a very important role. Numbers of evidences indicate that many listed company lack of internal corporate governance result in corporate governance disputation.
In this study, the literature analysis and qualitative analysis of in-depth interview have taken as the main research methods. Continue to realizing the status of family business operating under the corporate governance and for their import model.
According to empirical results, the research has the following conclusions: (1) A positive influences on company's operating performance and business strategy when one company lead by a professional managers. (2) A positive influences for matters of business strategy when the financial statements be transparent and open decision-making. (3) A positive evidences show managers possessing professional competence and decision-making capacities lead to the company's operating impact. (4) The higher degree of familiarities on financial indicators and transparency result in the improvement to one company¡¦s performance. (5) Actual benefits revealed when the advocates on corporate governance mechanism policies, the mandatory guidelines and regulations at the preliminary stage.

Identiferoai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0808111-170144
Date08 August 2011
CreatorsKuang Chien, Hung
ContributorsChang-Yung Liu, Yih Jeng, Jen-Jsung Huang, David.S Shyu
PublisherNSYSU
Source SetsNSYSU Electronic Thesis and Dissertation Archive
LanguageCholon
Detected LanguageEnglish
Typetext
Formatapplication/pdf
Sourcehttp://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0808111-170144
Rightsuser_define, Copyright information available at source archive

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