家族企業的經營面臨家族情感與企業營運的雙重挑戰，考量的範圍涵蓋經濟利益與社會和情感因素造成的非經濟利益，由於過去的相關研究多借用家族涉入的代理變數進行家族企業行為的探討，缺乏直接衡量家族企業的社會情感財富（SEW），故本研究選取20家台灣上市家族企業為研究樣本，透過內容分析法分析公開文本資料，並配合SEW理論模型進行分類及編碼，試圖探索出家族企業重視社會情感財富的內涵，以及比較分析各構面的相互影響關聯。研究結果顯示SEW五個構面中，公開揭露程度最高的構面為「緊密的社會關係」；再者，「家族控制和影響」、「緊密的社會關係」和「情感的依附」三個構面均與「世代傳承的家族延續」具有正向關係；而「家族成員對企業的認同」則是與「家族控制和影響」和「世代傳承的家族延續」存有負向相關。最後，本研究亦發現不同的家族企業特徵(機構法人股權、公司規模、公司績效)，其家族的SEW也有明顯的差異。

The management of family firms faces dual challenges of family emotion and business operation. The scope of the consideration covers the economic benefits and non-economic benefits caused by social and emotional factors. Due to the previous related research borrows the family involvement as agent variables to explore entrepreneurial behavior in the family firms, but has been criticized for not estimating family member’s socioemotional wealth (SEW) directly. Therefore, this study selects 20 Taiwanese listed companies as research samples, not only analyzes market observation information but also classifies and encodes SEW models through content analysis methods to directly measure the SEW composition. The effect seeks to explore the connotation of SEW of family firms, as well as the interaction in the SEW various structures. The result of the analysis was found that family firms value the “binding social ties”. Moreover, each aspect including “family control and influence”, “binding social ties”, and “emotional attachment” is positively correlated to “renewal of family bonds to the firm through dynastic succession”. But apart from “family members’ identification with the frim”, it is negatively correlated to “family control and influence” and “renewal of family bonds to the firm through dynastic succession”. However, this study was also discovered that different family features: corporate governance, company size, and company performance have significant differences for SEW.

摘要 i
ABSTRACT ii
目錄 iii
表目錄 v
圖目錄 vi
第一章 緒論 1
第一節 研究背景與動機 1
第二節 研究問題與目的 2
第三節 研究流程 4
第二章 文獻探討 5
第一節 家族企業相關文獻 5
第二節 社會情感財富的起源和理論內涵 8
第三章 研究方法 17
第一節 樣本來源 17
第二節 研究衡量 18
第四章 研究結果與分析 25
第一節 質性結果分析 25
第二節 量化結果分析 41
第三節 家族異質性之影響分析 48
第五章 結論與建議 55
第一節 研究結論 55
第二節 實務意涵 56
第三節 研究限制與未來研究建議 57
參考文獻 59

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