企業社會責任與關係人交易之關聯性

在本研究中，運用Multinomial Logit Models分析企業社會責任與關係人交易間使否存有關聯性；再以關係人交易之四種分類：銷貨交易、應收款項、進貨交易與應付款項，探討不同種類之關係人交易對於企業社會責任影響是否有差異。根據本文的實證結果顯示，關係人交易與企業社會責任呈現顯著正相關，原因以效率交易假說推論：關係人交易可視為有利於公司，與企業社會責任之期待相符；而關係人交易種類之不同對於企業社會責任存有差異，以關係人銷貨交易、關係人應付帳款與企業社會責任呈現顯著正相關，屬於效率交易假說，屬正向、樂觀，有利於公司企業，與企業社會責任之期待相符。而關係人進貨交易則為利益掠奪假說之論點，使公司企業造成負面影響，與企業社會責任之期待不相符。其結果支持本研究之假設，關係人交易與企業社會責任之關聯，會因關係人交易之類型而有不同。

關鍵字

企業社會責任；關係人交易； Multinomial Logit Models

並列摘要

In this thesis, we would apply Multinomial Logit Models to analyze the association between corporate social responsibility and related party transactions, and based on the four categories of related party transactions, analyze whether there are differences in the impact of different types of related party transactions on corporate social responsibility. According to our empirical results, the related party transactions and corporate social responsibility show a significant positive correlation. The reason is inferred from the efficient-market hypothesis: Related party transactions can be regarded as beneficial to the company and are in line with the expectations of corporate social responsibility. There are differences in the types of related party transactions for corporate social responsibility. Sales transactions of related parties, accounts payable from related parties and corporate social responsibility show a significant positive correlation, which is inferred from the efficient-market hypothesis, which is beneficial to the company and are in line with the expectations of corporate social responsibility. The purchase transaction of related parties is the argument of entrenchment hypothesis, which causes a negative impact on the company, which is inconsistent with the expectations of corporate social responsibility. The result supports the hypothesis of this study that the relationship between related party transactions and corporate social responsibility will vary depending on the type of related party transactions.