Publications
Publications
- July 2010 (Revised December 2010)
- HBS Case Collection
Formosa Plastics Group: Business Continuity Forever
Abstract
Wang Yung-ching, legendary Taiwanese businessman and philanthropist, passed away in 2008. He left behind an estate worth US $5.5 billion, but did not leave a will. The case discusses the potential motivation for Wang, and uses it to study succession planning for family businesses.
Keywords
Family Business; Governance Controls; Management Succession; Family Ownership; Planning; Motivation and Incentives; Chemical Industry; Taiwan
Citation
Jin, Li, Joseph P.H. Fan, and Winnie S.C. Leung. "Formosa Plastics Group: Business Continuity Forever." Harvard Business School Case 210-026, July 2010. (Revised December 2010.)