CEO在前後服務企業ESG表現之關聯性研究

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曾意軒(Yi-Hsuan Tseng) 查詢紙本館藏

畢業系所

企業管理學系

論文名稱

CEO在前後服務企業ESG表現之關聯性研究

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摘要(中)

本研究探討CEO在更換任職公司前後，是否會將其管理風格，特別是ESG（環境、社會及公司治理）表現帶入新公司。透過分析台灣企業2006年至2023年的ESG表現，本研究認為CEO會前往與其舊公司ESG表現相仿的公司，以及新任CEO在接任新公司時會將其過去公司的ESG表現帶入到新公司，且針對經驗較為豐富的CEO對於公司ESG表現的會更凸顯個人特質，最後則是當公司的高層有替換時與其公司過去的ESG表現呈現負相關。實證結果顯示，CEO舊公司過去兩年的ESG表現與新任公司過去兩年的ESG表現不存在顯著的正相關，而CEO在轉任新公司的第一年會延續其前公司的ESG表現上的規劃，經驗豐富的CEO與其舊公司的ESG表現則無顯著正相關，當公司的高層有替換時其公司過去的ESG表現呈現不顯著的負相關。本文對學界的貢獻在於深化對CEO更替與企業ESG表現之間關係的理解，並提供企業在選擇CEO時的參考依據，強調應重視候選人的ESG經驗及成就。

摘要(英)

This study explores whether CEOs will bring their management style, especially ESG (environmental, social and corporate governance) performance to the new company before and after they change their companies. By analyzing the ESG performance of Taiwanese companies from 2006 to 2023, this study believes that CEOs will go to companies with similar ESG performance to their old companies, and whether the new CEO will bring the ESG performance of his past companies to the old company when he takes over the new company. Companies, and more experienced CEOs will have more prominent personal characteristics in the company′s ESG performance. Finally, when the company′s top management is replaced, there will be a negative correlation with the company′s past ESG performance. Empirical results show that there is no significant positive correlation between the ESG performance of the CEO′s old company in the past two years and the ESG performance of the new company in the past two years. However, the CEO will continue to improve the ESG performance of his former company in the first year after transferring to the new company. Planning, there is no significant positive correlation between experienced CEOs and the ESG performance of their old companies. When the company′s top management is replaced, the company′s past ESG performance shows an insignificant negative correlation. The contribution of this article to the academic community is to deepen the understanding of the relationship between CEO replacement and corporate ESG performance, and to provide reference for companies when selecting CEOs, emphasizing that candidates should pay attention to their ESG experience and achievements.

關鍵字(中)

★ CEO轉職
★ ESG表現

關鍵字(英)

★ CEO transition
★ ESG performance

論文目次

摘要 i
ABSTRACT ii
致謝 iii
表目錄 iv
目錄 v
第一章緒論 1
1-1研究動機與目的 1
1-2研究架構 2
第二章文獻回顧 3
2-1 CEO在企業的角色 3
2-2 ESG表現與企業的關係 5
2-3 ESG與CEO之間的關聯 7
2-4研究假說的建立 8
第三章研究方法 10
3-1資料來源與樣本選擇 10
3-2假說模型建立 10
3-2-1假說一模型建立 10
3-2-2 假說二模型建立 10
3-2-3 假說三模型建立 11
3-2-4假說四模型建立 12
第四章實證研究結果與分析 14
4-1假說一之實證結果 14
4-1-1假說一之敘述統計 14
4-1-2假說一之相關性分析 15
4-1-3假說一之迴歸分析 15
4-2假說二實證結果 16
4-2-1假說二之敘述統計 16
4-2-2假說二之相關性分析 17
4-2-3假說二之迴歸分析 19
4-3假說三實證結果 21
4-3-1假說三之敘述統計 21
4-3-2假說三之相關性分析 22
4-3-3假說三之迴歸分析 24
4-4假說四實證結果 26
4-4-1假說四之敘述統計 26
4-4-2假說四之相關性分析 27
4-4-3假說四之迴歸分析 29
4-5 敏感性分析 31
4-5-1 假說一之敏感性分析 31
4-5-2 假說二之敏感性分析 32
4-5-3 假說三之敏感性分析 34
4-5-4 假說四之敏感性分析 37
第五章研究結論與建議 40
5-1研究結論 40
5-2研究限制與建議 41
參考文獻 42

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指導教授

黃承祖(ChengTsu-Huang)

審核日期

2024-7-23

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