企業社會責任治理績效與財務績效之雙向因果關係-以無形資產為中介效果

以作者查詢圖書館館藏

、以作者查詢臺灣博碩士

、以作者查詢全國書目

、勘誤回報

、線上人數：31

、訪客IP：3.137.172.68

姓名

吳政翰(ZHENG-HAN WU) 查詢紙本館藏

畢業系所

會計研究所

論文名稱

企業社會責任治理績效與財務績效之雙向因果關係-以無形資產為中介效果
(The two-way causal relationship between Corporate Social Responsibility Governance Performance and the Financial Performance: The Mediating Effects of Intangible Assets)

相關論文

★ 利害關係人包容性：企業社會責任報告書揭露內容個案探討	★ 盈餘目標的誘因對成本不對稱性之影響 -以母公司單獨報表與合併報表分析
★ 銷管費用的成本結構-以台灣公司為例	★ 代理問題、公司治理與銷管費用僵固性
★ 差異化策略對成本不對稱性之影響	★ 前期銷貨變動方向對成本習性及不對稱性之影響—營運成本之組成份分析
★ 公司治理與股權結構對資訊透明度之關聯性	★ 公司治理、公司避稅與現金持有
★ 台灣企業社會責任報告書自願性揭露之影響因素	★ 企業社會責任與成本僵固性之關聯性-以台灣公司為例
★ 企業社會責任績效與企業社會責任報告書確信選擇之關聯-以台灣為例	★ 企業社會責任活動與成本僵固性之關聯──以台灣編製企業社會責任報告之公司為例
★ 企業社會責任活動對股東權益報酬率、資產報酬率及股價報酬率之影響：以企業社會責任願景為調節變數	★ 企業社會責任願景對會計績效之影響:企業社會責任績效之中介效果
★ 企業社會責任報告書確信提供者之選擇：選擇現任財簽會計師事務所與否之影響因素	★ CSR績效對CSR揭露量之影響：以社會參與面向為例

檔案

[Endnote RIS 格式]

[Bibtex 格式]

[相關文章]

[文章引用]

[完整記錄]

[館藏目錄]

至系統瀏覽論文 ( 永不開放)

摘要(中)

企業社會責任已日漸成為公司營運之主流，許多企業也開始規劃與實踐企業社會責任之治理。本研究之目的分為兩個構面，一方面是探討企業社會責任治理績效對於財務績效之雙向因果關係，另一方面則是去進一步了解無形資產於此關係中是否存在中介效果。以截至2018年12月31日之上市櫃公司為基礎，取2015-2018年間之資料為研究樣本。研究結果顯示，落實企業社會責任治理之企業，其人力資源及財務績效之表現較佳；而財務績效較高之企業，其創新、人力資源與企業社會責任治理之落實也較好，此外，人力資源於企業社會責任治理與財務績效間之雙向因果關係中也存有中介效果。

摘要(英)

Corporate Social Responsibility (CSR) has gradually become the mainstream of company operations. Many enterprises have also begun to plan and practice CSR governance. The purpose of this study is double-faceted. On one hand, it explores the two-way causal relationship between CSR governance performance and financial performance. On the other hand, this study further investigates whether intangible assets have a mediating effect on this relationship. Based on the listed companies as of December 31, 2018, we selected from 2015 to 2018 as the research sample. The results of the study suggest that enterprises that implement CSR governance have better performance in human resources and financial performance, and companies with higher financial performance have better performance in human resources, innovation, and implementation of CSR governance. In addition, human resources also have a mediating effect on the two-way causal relationship between CSR governance performance and financial performance.

關鍵字(中)

★ 企業社會責任治理績效
★ 無形資產
★ 財務績效
★ 中介效果

關鍵字(英)

★ Corporate social responsibility governance performance
★ Intangible assets
★ Financial performance
★ Mediation effect

論文目次

中文摘要 i
英文摘要 ii
誌謝詞 iii
目錄 iv
圖表目錄 v
一、緒論 1
1-1研究背景 1
1-2研究動機 1
二、文獻探討與假說發展 3
2-1財務績效 3
2-2企業社會責任績效 3
2-3企業社會責任與財務績效 5
三、研究設計 10
3-1研究樣本、期間及資料來源 10
3-2 CSR績效之衡量 12
3-3變數的衡量 14
3-3-1應變數 14
3-3-2無形資產 16
3-3-3控制變數 17
3-4研究模型 18
四、實證結果 22
4-1敘述性統計分析 22
4-3迴歸分析 25
4-4額外分析 28
4-4-1假說發展 28
4-4-2迴歸結果 29
4-4-3 Sobel 檢定 33
五、結論與建議 34
5-1研究結果及貢獻 34
5-2研究限制與建議 34
參考文獻 36

參考文獻

參考文獻
中文文獻
CarStuff，2019，VOLVO 發布「2040環境計劃」，全球首家採電池組原物料區塊鏈技術的車商！，網址：https://www.carstuff.com.tw/car-news/item/30583-volvo-2040.html
KENLU履勘者，2020，Nike 為什麼以及要怎麼「零碳」？，網址：https://kenlu.net/2020/02/news-nike-space-hippie/
LOOKER NEWS，2019，連續10年！NET封館「讓家扶兒免費挑衣服」10年捐上億弱勢母落淚：「女兒第1次穿新衣」，網址：http://www.itislooker.com/post12248611051187
Shopping Design，2019，環保概念的 Converse！攜手英國古董商，「Renew」系列回收塑料瓶、廢布料成帆布鞋面，網址：https://www.shoppingdesign.com.tw/post/view/4506
天下雜誌，2019，麥當勞叔叔之家32間房助上萬遠地就醫家庭，網址： https://www.cw.com.tw/event_travel/2019-12-10
台灣證券交易所，2020，上市上櫃公司治理實務守則，2020年06月12日，網址：https://twse-regulation.twse.com.tw/TW/law/DAT0201.aspx?FLCODE=FL020553
台灣證券交易所，2020，上市上櫃公司企業社會責任實務守則，2020年06月12日，網址：https://twse-regulation.twse.com.tw/TW/law/DAT0201.aspx?FLCODE=FL052368
台灣證券交易所，2020，公開發行公司年報應行記載事項準則，2020年06月12日，網址：https://twse-regulation.twse.com.tw/TW/law/DAT0202.aspx?FLCODE=FL007032&LCNOS=%20%20%208%20%20%20&LCC=2
朱竹元，2018，CSR做真的假的？關鍵在「HR」，CSR@天下專欄，網址：https://csr.cw.com.tw/article/40419
林宛瑩、許崇源、戚務君與陳怡伶，2009，公司治理與信用風險，台大管理論叢，第19卷（52期）：頁71-98。
林惠彥、陸洛、吳珮瑀與吳婉瑜，2012，快樂的員工更有生產力嗎? 組織支持與工作態度之雙重影響，中華心理學刊，第54卷（4期）頁：451-469。
邱垂昌、洪福讚，2008，在不同企業生命週期下智慧資本與企業價值關聯性之研究，當代會計，第9卷（2期）：頁201-236。
邱垂昌、王育民、魏嘉伶與張簡婷，2011，創新、人力資本投入與企業經營效率-以我國 IC 設計業為例，中山管理評論，19卷（2期）：頁343-385。
張淑清與呂欣樺，2015，研發支出與管理團隊特性對公司績效之影響，會計學報，6卷（1期）：頁1-34。
新南向政策資訊平台，2018，創造改變的移動新能源Gogoro不只是機車，網址：https://nspp.mofa.gov.tw/nspp/news.php?post=139021
經理人MANAGER today，2015，這家公司的留才手段，是鼓勵資深員工「集體辭職」！為什麼？，網址：https://www.managertoday.com.tw/articles/view/51718
劉韻僖，2006，台灣高科技產業高階經營團隊及董事會權力與組織績效關係之研究，交大管理學報，第26卷（1期）：頁173-200。
蔡秉庭與王茂昌，2019，企業社會責任與企業價值之相互關聯性：兼論無形資產的影響，會計與公司治理，第14卷（2期）：頁63-82。

英文文獻
Albinger, H. S., and S. J. Freeman. (2000). Corporate social performance and attractiveness as an employer to different job seeking populations. Journal of Business Ethics, 28 (3): 243-253.
Aldamen, H., K. Duncan, S. Kelly, R. McNamara, and S. Nagel. (2012). Audit committee characteristics and firm performance during the global financial crisis. Accounting and Finance, 52 (4), 971-1000.
Annan, K. (1999, January). UN Global Compact. In World Economic Forum in Davos, Switzerland. UN Press Release SG/SM/6881.
Benston, G. J. (1985). The self-serving management hypothesis: Some evidence. Journal of Accounting and Economics, 7 (1-3), 67-84.
Baron, R. M., and D. A. Kenny. (1986). The moderator–mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations. Journal of personality and social psychology, 51(6), 1173.
Bowen, H. R. (1953). Social Responsibility of the Businessman. New York: Harper and Row.
Brainard, W. C., and J.Tobin. (1968). Pitfalls in financial model building. 58 (2), 99-122.
Bourgeois III, L. J. (1981). On the measurement of organizational slack. Academy of Management review, 6(1), 29-39.
Campisi, D., and R. Costa. (2008). A DEA‐based method to enhance intellectual capital management. Knowledge and Process Management, 15 (3), 170-183.
Chung, K. H., and S. W. J. F. M. Pruitt. (1994). A simple approximation of Tobin′s q. Financial management, 70-74.
Ellinger, A. D., A. E. Ellinger, B. Yang, and S. W. Howton. (2002). The relationship between the learning organization concept and firms′ financial performance: An empirical assessment. Human resource development quarterly, 13(1), 5-22.
Fombrun, C. J., N. A. Gardberg, and M. L. Barnett. (2000). Opportunity platforms and safety nets: Corporate citizenship and reputational risk. Business and society review, 105(1).
Griffin, J. J., and J. F. Mahon. (1997). The corporate social performance and corporate financial performance debate: Twenty-five years of incomparable research. Business and society, 36 (1), 5-31.
Haniffa, R. M., and T. E. Cooke. (2002). Culture, corporate governance and disclosure in Malaysian corporations. Abacus, 38 (3), 317-349.
Hansson, B. (1997). Personnel investments and abnormal return: knowledge‐based firms and human resource accounting. Journal of Human Resource Costing and Accounting. 2 (2): 9-29.
Hart, S. L. (1995). A natural-resource-based view of the firm. Academy of management review, 20 (4), 986-1014.
Huselid, M. A. (1995). The impact of human resource management practices on turnover, productivity, and corporate financial performance. Academy of management journal, 38(3), 635-672.
Khan, A., A. Kaleem, and M. S. Nazir. (2012). Impact of financial leverage on agency cost of free cash flow: Evidence from the manufacturing sector of Pakistan. Journal of Basic and Applied Scientific Research, 2(7), 6694-6700.
King, A., and M. Lenox. (2002). Exploring the locus of profitable pollution reduction. Management Science, 48 (2), 289-299.
Krishnan, J. (2005). Audit committee quality and internal control: An empirical analysis. The accounting review, 80 (2), 649-675.
McWilliams, A., and D. Siegel. (2000). Corporate social responsibility and financial performance: correlation or misspecification? Strategic management journal, 21 (5), 603-609.
McWilliams, A., and D. Siegel. (2001). Corporate social responsibility: A theory of the firm perspective. Academy of management review, 26 (1), 117-127.
Morck, R., A. Shleifer, and R. W. Vishny. (1988). Management ownership and market valuation: An empirical analysis. Journal of financial economics, 20, 293-315.
Moussavi, F., and D. Evans. (1986). An attributional approach to measuring corporate social performance. In Academy of management meetings, San Diego.
Pennings, J. M., K. Lee, and A. V. Witteloostuijn. (1998). Human capital, social capital, and firm dissolution. Academy of management Journal, 41 (4), 425-440.
Padgett, R. C., and J. I. Galan. (2010). The effect of R&D intensity on corporate social responsibility. Journal of Business Ethics, 93(3), 407-418.
Porter, M. E. and M. R. Kramer, (2006). The link between competitive advantage and corporate social responsibility. Harvard business review, 84 (12), 78-92.
Roberts, R. W. (1992). Determinants of corporate social responsibility disclosure: An application of stakeholder theory. Accounting, organizations and society, 17 (6), 595-612.
Rupp, D. E., J. Ganapathi, R. V. Aguilera, and C. A. Williams, (2006). Employee reactions to corporate social responsibility: An organizational justice framework. Journal of Organizational Behavior: The International Journal of Industrial, Occupational and Organizational Psychology and Behavior, 27(4), 537-543.
Russo, M. V., and P. A. Fouts. (1997). A resource-based perspective on corporate environmental performance and profitability. Academy of management Journal, 40 (3), 534-559.
Schuler, D. A., and M. Cording, (2006). A corporate social performance–corporate financial performance behavioral model for consumers. Academy of management Review, 31 (3), 540-558.
Shrivastava, P. (1995). Environmental technologies and competitive advantage. Strategic Management Jour- nal , Summer Special Issue 16 ,183-200.
Spicer, B. H. (1978). Investors, corporate social performance and information disclosure: an empirical study. Accounting Review, 53 (1), 94-111.
Smith, A. (1759/2010). The theory of moral sentiments. Penguin.
Smith, A. (1776/2016). The wealth of nations. Aegitas.
Surroca, J., J. A. Tribó, and S. Waddock. (2010). Corporate responsibility and financial performance: The role of intangible resources. Strategic management journal, 31 (5), 463-490.
Tsoutsoura, M. (2004). Corporate social responsibility and financial performance.
Ullmann, A. A. (1985). Data in search of a theory: A critical examination of the relationships among social performance, social disclosure, and economic performance of US firms. Academy of management review, 10(3), 540-557.
Waddock, S. A., and S. B. Graves. (1997). The corporate social performance–financial performance link. Strategic management journal, 18 (4), 303-319.
Ward, H. (2004). Public sector roles in strengthening corporate social responsibility: taking stock. Washington, DC: World Bank.
Wright, P. M., T. M. Gardner, L. M. Moynihan, and M. R. Allen. (2005). The relationship between HR practices and firm performance: Examining causal order. Personnel psychology, 58 (2), 409-446.
Yu, H. C., W. Y. Wang, and C. Chang. (2009). The pricing of intellectual capital in the IT industry. Available at SSRN 1327668.

指導教授

陳建中(JIAN-ZHONG CHEN)

審核日期

2020-7-20

推文