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研究生:趙子聰
研究生(外文):Tsz -Chung Chiu
論文名稱:公司治理與企業績效之關聯性-兼論企業社會責任之影響
論文名稱(外文):The Linkages among Corporate Governance, Corporate Social Responsibility and Firm Performance
指導教授:郭博文郭博文引用關係
指導教授(外文):Po-Wen Kuo
口試委員:郭樂平​陳依兌
口試委員(外文):Lo-Pin kuoYi-Tui Chen
口試日期:2022-06-27
學位類別:碩士
校院名稱:淡江大學
系所名稱:會計學系碩士班
學門:商業及管理學門
學類:會計學類
論文種類:學術論文
論文出版年:2022
畢業學年度:110
語文別:中文
論文頁數:87
中文關鍵詞:企業社會責任公司治理企業績效偏最小平方法
外文關鍵詞:Corporate Social ResponsibilityCorporate GovernanceFirm PerformancePLS-SEM
相關次數:
  • 被引用被引用:2
  • 點閱點閱:102
  • 評分評分:
  • 下載下載:0
  • 收藏至我的研究室書目清單書目收藏:0
本研究旨在探討公司治理、企業社會責任與企業績效間之關聯性。為評估我國上市企業之企業社會責任成效,選取於 2018 至 2021 年受 MSCI ESG Research 與 S&P Global 兩家世界知名 ESG 評比機構所評比之企業,並採用結構方程模型(SEM)之偏最小平方法(PLS-SEM)探討其間的關聯性。研究結果發現,公司治理對企業社會責任有顯著正向之影響,企業社會責任對企業之財務績效與非財務績效亦呈現顯著正向之影響,公司治理則是透過企業社會責任對企業之財務績效與非財務績效有顯著正向之影
響。顯示企業透過良好之公司治理,不僅可以提升企業社會責任成效,更能進一步提升企業財務與非財務績效。
The purpose of this research aimed to investigate the relationship between corporate social responsibility, corporate governance, and firm performance. Taking Taiwan's listed enterprises as the research object from the award-winning companies of MSCI ESG Research and S&P Global from 2018 to 2021 have been selected in order to further analyze the effectiveness of corporate social responsibility. In addition, using the Partial Least Squares method. According to the findings of this study, corporate governance have a positive impact on corporate social responsibility, corporate social responsibility have a positive impact on financial performance and market performance, corporate social responsibility has a partly mediating effect on the relationship between corporate governance and financial performance and market performance. In addition, enterprises can enhancing firm performance with good corporate governance, also improve financial performance and market performance.
第壹章 緒論 ...............................................................................................................1
第一節 研究背景與動機....................................................................................1
第二節 研究目的................................................................................................3
第三節 研究流程................................................................................................4
第貳章 文獻探討 .......................................................................................................6
第一節 公司治理................................................................................................6
第二節 企業績效..............................................................................................15
第三節 企業社會責任......................................................................................17
第四節 公司治理與企業社會責任..................................................................23
第五節 公司治理與企業績效..........................................................................25
第六節 企業社會責任與企業績效..................................................................28
第參章 研究方法 .....................................................................................................32
第一節 研究架構..............................................................................................32
第二節 結構方程模式......................................................................................33
第三節 研究構面衡量......................................................................................35
第四節 研究樣本..............................................................................................42
第肆章 實證結果 .....................................................................................................43
第一節 敘述性統計..........................................................................................43
第二節 PLS-SEM 預測結果............................................................................45
第三節 測量模式評估......................................................................................51
第四節 信度與效度分析..................................................................................53
第五節 結構模式..............................................................................................58
IV
第伍章 敏感性分析 .................................................................................................67
第一節 多群組分析..........................................................................................67
第二節 干擾效果..............................................................................................68
第陸章 結論與建議 .................................................................................................69
第一節 研究結論..............................................................................................69
第二節 研究貢獻與實務建議..........................................................................69
第三節 研究建議與限制..................................................................................70
參考文獻 .....................................................................................................................71
V
表目錄
表 2-1 OECD 公司治理六大原則 ............................................................................7
表-2-2 MSCI 等級對照圖........................................................................................19
表 3-1 CB-SEM 與 PLS-SEM 比較.........................................................................33
表 3-2 形成型指標與反應性指標比較...................................................................34
表 3-3 CSR 分數定義...............................................................................................37
表 3-4 變數定義.......................................................................................................39
表 4-1 敘述性統計...................................................................................................44
表 4-2 PLS 路徑分析(4 年) ................................................................................46
表 4-3 PLS 路徑分析-各年度..................................................................................49
表 4-4 PLS 路徑分析-疫情前後..............................................................................50
表 4-5 Pearson、Speearman 相關係數矩陣及 VIF 共線性統計 ...........................52
表 4-6 信度及收斂效度分析...................................................................................54
表 4-7 區別效度分析...............................................................................................55
表 4-8 內部模型 VIF................................................................................................56
表 4-9 外部模型 VIF................................................................................................57
表 4-10 PLS 路徑分析 .............................................................................................59
表 4-11 公司治理與企業財務績效 .........................................................................60
表 4-12 公司治理與企業非財務績效.....................................................................60
表 4-13 疫情前(2018-2019)之 PLS 路徑分析 ........................................................61
表 4-14 疫情前(2018-2019)公司治理與企業財務績效之路徑分析.....................62
表 4-15 疫情前(2018-2019)公司治理與企業非財務績效之路徑分析…………..63
表 4-16 疫情期間(2020-2021)之 PLS 路徑分析 ....................................................63
表 4-17 疫情期間(2020-2021)之公司治理與企業財務績效路徑分析.................64
VI
表 4-18 疫情期間(2020-2021)之公司治理與企業非財務績效路徑分析...............65
表 4-19 研究假說檢定結果彙總表.........................................................................66
表 5-1 PLS 路徑分析-分群......................................................................................67
表 5-2 PLS 路徑分析-干擾效果..............................................................................68
VII
圖目錄
圖 1-1 研究流程圖.....................................................................................................5
圖 2-1 企業社會責任金字塔圖(Carroll, 1991).......................................................22
圖 3-1 研究架構圖...................................................................................................32
圖 4-1 PLS 路徑分析圖 ...........................................................................................45
圖 4-2 PLS 路徑分析圖 ...........................................................................................58
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