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EDITORIAL: FSC head faces big challenges

Bringing Taiwan to the World and the World to Taiwan

Taiwan , Thomas-huang , Shih-jun-ji , Cho-jung-tai , Taiwan-financial-services-roundtable-co , International-financial-reporting-standard , National-chengchi-university-college-of-commerce , Insurance-association , Financial-supervisory-commission , Peng-jin-lung , National-chengchi-university , Taiwan-risk

Student award: 'persistence is crucial'

From combating plastic waste to providing companionship to isolated elderly, graduates look to improve people’s lives

Taiwan , Milan , Lombardia , Italy , United-states , Madrid , Spain , Portugal , Taipei , T-ai-pei , Nairobi , Nairobi-area

Succession a key concern of local family businesses

Taiwanese family businesses assign great importance to succession and most have adopted informal mechanisms, accounting firm Ernst & Young Taiwan said on Thursday, as it released its first such survey at a news conference in Taipei.
A solid and healthy succession scheme tops the list of concerns among 33 percent of family businesses in Taiwan, while 75 percent believe that governance via informal mechanisms, such as family gatherings, render a positive influence, it said.
Others approach the issue the formal corporate way, namely through board and shareholder meetings that have a legally binding effect, it said.
It is better for family businesses to

Taipei , T-ai-pei , Taiwan , National-chengchi-university , Taiwanese , Lee-yao-chung , Clare-cheng , Robert-wu , Chiu-yi-chia , Andrew-fuh , College-of-commerce-at-national-chengchi-university , National-chengchi-university-college-of-commerce