| dc.description.abstract | This study examines the impact of senior managers’ experience on ESG
(Environmental, Social, Governance) performance and financial performance.The
empirical results show that senior managers with accounting firm experience have
significant negative marginal explanatory power on ESG performance, mainly
because the concept of “conservatism principle” is deeply engrained in the minds of
all accountants in accounting education, so they may be a bit conservative in
implementing ESG. According to the “Study on the Impact of Task Complexity on
the Information Behavior of High-Tech Managers” a report on the results of the
National Science Council of the Executive Yuan’s special research project, managers
with science and technology backgrounds usually adopt an open mind, take the
initiative to absorb, learn, and even innovate, and actually experiment in business. In
this study, the results show that ESG performance and financial performance have
significant positive marginal explanatory power. ESG implementation not only brings
financial performance improvement, but also enhances corporate reputation and
reduces risks, such as employee job safety and brand reputation.Lastly, in this study,
ESG performance was split into E, S, and G performance-oriented and senior manager
experience as moderating variables, and the results showed a positive marginal effect
on TOBIN′S Q only. | en_US |