本研究探討過度自信經理人與員工福祉之間的關聯性，同時進一步討論公司治理對這兩者之間關係的影響。以2015 年至2019 年於台灣經濟新報資料庫(TEJ)之上市櫃公司為研究對象，實證結果發現：(1)企業經理人具有過度自信傾向時，愈有可能忽視員工福祉(2)在給定過度自信經理人與員工福祉呈負向關聯時，加入公司治理績效對於上述情況並沒有調解效果，發現即便是具有良好治理績效的企業在做CSR 時，可能仍傾向外顯的CSR 層面，而不是以內部層面的CSR 為主。;This study explores the relationship between overconfident managers and employee benefits. In addition, this study investigates the effect of corporate governance on the relationship between overconfident managers and employee benefits. Using public-listed companies in Taiwan during 2015 to 2019 as the research sample, the empirical results found that when managers demonstrate the characteristic of overconfidence, they are more likely to ignore employee benefits, however, the results did not found a significate positive moderating effect of corporate governance given that overconfident CEOs is negatively related to employee benefits. This finding may indicate that even companies with better corporate governance they may still prefer to invest external CSR activities rather than internal CSR activities.
