近年來，在管理領域中有關企業社會責任的議題在學術界和實務界都是一個熱門的研究課題。本研究的目的在探索干擾變數(社會資本、環境動態性和環境豐富性)，可能中介或調節企業社會責任與公司財務績效之間的關係。本論文以台灣的2008-2013年之上市公司作為研究樣本，時間序列的迴歸分析結果證實社會資本可以做為企業社會責任與公司財務績效的中介變數。企業社會責任首先對社會資本產生正向的影響，而社會資本繼而對公司財務績效產生正向的影響。此外，本研究亦發現環境動態性具有強化企業社會責任與社會資本間關係的調節效果；環境動態性具有減弱社會資本與公司長期財務績效關係的調節效果。

The research issues of corporate social responsibility (CSR) have been highly raising scholars’ interests in the field of management. This study aims at exploring the intervening variables including social capital, environmental dynamism and environmental munificence, which may mediate or moderate the relationship between CSR and corporate financial performance (CFP). Evidence based on Taiwanese listed firms shows that social capital plays a mediating role on connecting CSR and CFP. The mechanism is that CSR first has a positive impact on the social capital and social capital subsequently produces a positive effect on CFP. In addition, as a moderator environmental dynamism strengthens the positive relationship between CSR and social capital. Furthermore, environmental dynamism weakens the positive relationship between social capital and CFP.

致謝 i
摘要 iii
Abstract iv
目錄 v
圖目錄 vii
表目錄 viii
第一章 緒論 1
第一節 研究背景與動機 1
第二節 研究目的與問題 2
第三節 研究流程 3
第二章 文獻探討 5
第一節 企業社會責任 5
壹、企業社會責任的定義與範圍 6
貳、企業社會責任的衡量 11
參、企業社會責任對公司財務績效之關聯性 14
第二節 社會資本 16
壹、社會資本的定義與範圍 16
貳、社會資本的構面 21
第三節 企業社會責任、社會資本及公司財務績效 27
壹、企業社會責任與社會資本 27
貳、社會資本與公司財務績效 28
參、社會資本為企業社會責任與公司財務績效之中介變數 35
第四節 環境動態性與環境豐富性 38
壹、環境動態性、環境豐富性作為企業社會責任與社會資本的調節變數 39
貳、環境動態性、環境豐富性作為社會資本與組織績效的調節變數 41
第三章 研究方法 43
第一節 研究假說及架構 43
壹、研究假說 43
貳、研究架構 43
第二節 研究樣本與資料蒐集 44
第三節 研究變數之操作型定義與衡量方法 45
壹、自變數 45
貳、依變數 46
參、中介變數 47
肆、調節變數 48
伍、控制變數 48
第四節 統計方法 50
第四章 實證結果與討論 51
第一節 描述性統計分析 51
壹、樣本組成 51
貳、相關分析 53
第二節 迴歸分析與假說檢定結果 63
壹、迴歸分析結果 63
貳、實證結果討論 106
第五章 結論與建議 109
第一節 研究結論 109
第二節 理論貢獻與管理意涵 112
第三節 研究限制與後續研究建議 113
參考文獻 115

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