強制性企業社會責任之揭露對企業盈餘品質之影響

Mandatory Disclosure of Corporate Social Responsibility and Its Impact on Earnings Quality

賴齡捷(Ling-Jie Lai)

指導教授 ： 呂珮珊

朝陽科技大學/管理學院/會計系/碩士(2017年)

摘要

企業目的在於創造企業價值極大化，然在追求價值極大化之過程中，卻與其利害關係人產生可能之衝突，因此近年企業追求獲利同時之社會責任投入漸為大眾關注之議題。過去我國推動「上市上櫃公司企業社會責任實施守則」，希冀企業能落實公司治理、維護社會公益並強化企業社會責任資訊之揭露，然企業產品安全問題發生頻仍，為提升企業履行社會責任之資訊透明度，政府於民國103年強制規定特定上市櫃企業需公告其企業社會責任報告書，規範之企業由過去自願性揭露報告，轉變為強制性揭露。故本研究選取強制編制企業社會責任報告之前後年度發佈報告之企業，探討自願性及強制性發佈企業社會責任報告書之資訊揭露效果及對企業盈餘品質之影響。
針對企業發佈報告書之資訊效果，研究結果發現企業社會責任資訊品質較高者會有較低的盈餘管理意圖；企業自願性或強制性揭露報告書對企業盈餘品質之影響，結果顯示強制揭露法令推動當年較前年自願性揭露之年度有較低盈餘管理意圖，企業自願性發布企業社會責任報告書會較強制性發布企業社會責任報告書者，對於盈餘品質有較大的正向影響。當法令頒佈前已自願提供報告之前提下，法令頒佈後仍持續自願性提供報告之企業較依法強制報告之企業有較低盈餘管理意圖，會因資訊揭露品質提高而增加其影響。相關結果顯示對於政府宣示要求報導CSR資訊之規範，企業持更謹慎之態度，在揭露資訊同時提升其盈餘品質，自願性揭露之企業在履行企業社會責任時除傾向提供更透明之資訊，使大眾能夠更了解公司的資訊，對於盈餘品質能有正向的影響，有利於瞭解企業追求獲利時對其相關利害人之投入及影響。

關鍵字

企業社會責任 ； 資訊內涵 ； 盈餘品質

並列摘要

Business purpose is to create a great value of the enterprise, but in the pursuit of maximizing the value of the process, but with its stakeholders have a possible conflict, so the pursuit of profit in recent years, social responsibility investment at the same time gradually become the subject of public concern. In the past, Taiwan has promoted the implementation of the Corporate Social Responsibility Best Practice Principles for TWSE/GTSM Listed Companies in the past. We hope that enterprises can implement corporate governance, safeguard social welfare and strengthen the disclosure of Corporate Social Responsibility information. However, the problems of enterprise product safety are frequent. To enhance Corporate Social Responsibility transparency, the Government in 2014 mandatory provisions of specific TWSE/GTSM Listed Companies need to announce their Corporate Social Responsibility report, the norms of the enterprise from the past voluntary disclosure report, into a mandatory disclosure. Therefore, this study selected enterprises to publish the Corporate Social Responsibility report before and after the annual report, to explore the voluntary and mandatory release of Corporate Social Responsibility report on the disclosure of information and the impact of corporate earnings quality.
In view of the information effect of the enterprise's report, the research results show that the higher the quality of the Corporate Social Responsibility information will have lower earnings management intention; Or the mandatory disclosure of the report on the impact of corporate earnings quality, the results show that forced to expose the law to promote the year before the voluntary disclosure of the year there are lower earnings management intentions, corporate voluntary Corporate Social Responsibility report will be more mandatory publishing business Social responsibility report has a greater positive impact on earnings quality. Companies that have continued to voluntarily report after the promulgation of the Act before the promulgation of the Act has voluntarily provided a report have a lower earnings management intention than the law enforcement report, which will increase the impact of the disclosure of information. The results show that companies are more cautious about the requirements of the government to declare CSR information, and to disclose information while enhancing their earnings quality. Voluntary disclosure of enterprises in the implementation of Corporate Social Responsibility in addition to the tendency to provide more transparent information, so that the public To better understand the company's information, for the earnings quality can have a positive impact, is conducive to understanding the pursuit of profit when the relevant stakeholders of its input and impact.

並列關鍵字

Corporate Social Responsibility ； Information Content ； Earnings Quality

參考文獻

4.王琬青, & 鄧美貞.(2012). 企業社會責任與財務績效: 以經營效率為中介效果. 朝陽商管評論, 11 (2), 77-104.

5.池祥萱, 繆文娟, & 莊瀅臻. (2014). 企業社會責任對於公司財務績效之影響是雙面刃嗎? 來自全球 500 大公司的證據. 管理學報, 31(1), 1-19.

6.李秀英, 劉俊儒, & 楊筱翎. (2011). 企業社會責任與公司績效之關聯性. 東海管理評論, 13(1), 77-111.

7.李秀英, 劉俊儒, & 楊筱翎. (2011). 企業社會責任與公司績效之關聯性. 東海管理評論, 13(1), 77-111.

9.沈中華, & 張元. (2008). 企業的社會責任為可以改善財務績效嗎?-以英國 FTSE 社會責任指數為例. 經濟論文, 36(3), 339-385.