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.