以往企業都會因為所有權與經營權分離,股東與經理人目的不同,而有代理問題 產生,本研究主要探討的議題:經理人短視近利問題(CEO career horizon problem) 也是代理問題的一類,本研究使用社會情感財富(Socioemotional Wealth,簡稱 SEW) 為架構去探討企業是否會為了保護 SEW 而減少經理人短視近利問題的發生?除此之 外,本研究也根據家族企業成立過程,把家族企業成立過程分為兩類,一種是由家族 成員自己創立,另一種是併購其它企業的家族企業,最後,本研究探討家族企業中第 幾代經營領導的家族企業績效會較好,研究發現,原創的家族企業和第一代經營者領 導的家族企業績效會較好。;In the past , there are agency problems , because of separation of ownership and management . the main topics in this study: CEO career horizon problem is also a kind of agency problems . This research use socioemotional wealth as theoretical framework to consider that whether firms will reduce the CEO career horizon problems in order to protect SEW . Besides , this study also explores the establishment of family business process . The establishment of family firm is divided into two cases, one is created by the family members themselves, the other is the family firm which acquired by families . Finally , this study explores what generations in the family firms will lead to a better performance . The study found that there are better performance in original family firms and the family firms which lead by first generation .