臺灣博碩士論文加值系統

本研究探討企業社會責任與盈餘管理之關聯性，並檢測具有企業社會責任的公司其財務報告是否不同於非企業社會責任的公司，想藉以瞭解企業從事企業社會責任是否為了掩飾企業管理不當的影響，或者從事較多企業社會責任具有緩和代理問題效果以抑制盈管理等相關問題。本研究以《天下雜誌》之「天下企業公民 TOP50」之總分做為企業社會責任的基準，由於「天下企業公民 TOP50」於2007年開始設置，故本研究期間以2007年至2011年為主。另外本研究使用兩種不同的代理變數進行盈餘管理：(1) 裁決性應計項目 (2) 實質活動操縱。本研究實證結果是支持財務報告透明假說，認為CSR企業認為管理者本持著誠實、守信和道德於工作上，而且傾向高標準的行為。因此CSR企業為了保護其聲譽對於社會大眾所不能接受的行為，會抑制公司和管理者避免或減少從事盈餘管理，進而提供投者大眾更透明與可靠的財務資訊。

This study investigated the relationship between corporate social responsibility and earnings management. We examined whether engage in more corporate social responsibility have the effect of easing the agency problem. This study used「Excellence in Corporate Social Responsibility TOP50」score from 《Common Wealth Magazine》as a benchmark for corporate social responsibility. The research period is 2007-2011, due to「Excellence in Corporate Social Responsibility TOP50 」was set up from 2007. We use two different proxy variables for earnings management: (1) discretionary accruals (2) real activities manipulation. The results support the hypothesis that firms that exhibit corporate social responsibility (CSR) also behave in a responsible manner to constrain earnings management, thereby delivering more transparent and reliable financial information to investors as compared to firms that do not have the same CSR efforts.

摘　要 iv
目次 vi
表目錄 viii
第一章 緒論 1
1.1 研究背景與動機 1
1.2 研究目的 2
1.3 研究流程 3
第二章 文獻回顧 5
2.1 企業社會責任 5
2.1.1 企業社會責任之定義 5
2.1.2 企業社會責任之規範 6
2.1.3 企業社會責任之衡量 13
2.2 盈餘管理 18
2.2.1 盈餘管理之定義 18
2.2.2 盈餘管理之方法 20
2.3 企業社會責任與盈餘管理之相關實證研究 22
第三章 研究設計 24
3.1 建立研究假說 24
3.2 實證模型 26
3.3 變數定義及衡量 28
3.3.1 企業社會責任 28
3.3.2 裁決性應計項目 28
3.3.3 實質活動操縱 29
3.4 資料蒐集 32
第四章 實證結果分析 34
4.1 敘述性統計分析 34
4.2 相關性分析 36
4.3 變異數分析 38
4.4 迴歸分析 40
第五章 結論與建議 49
5.1 研究結論 49
5.2 研究限制 50
5.3 研究建議 50
參考文獻 52

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