公司治理與企業社會責任對公司價值之影響

本研究以2015年至2019年上市（櫃）公司為研究對象，並透過公司治理評鑑指標以及依據國際標準化組織所提出之ISO 26000社會責任架構自行建構企業社會責任評分標準，探討公司治理與企業社會責任對於公司價值的影響。實證結果發現公司治理與企業社會責任分別對公司價值的關係均呈現顯著正相關，並且根據公司治理與企業社會責任的交互作用對公司價值的影響，則會發現公司治理與企業社會責任之交互作用效果與公司價值呈現正顯著相關，代表企業同時有良好的公司治理表現並積極參與企業社會責任，對於提升整個公司的價值會有顯著的影響。

關鍵字

企業社會責任；公司治理評鑑；公司價值

並列摘要

This study used the data of listed companies in Taiwan from 2015 to 2019, used corporate governance evaluation indicators, and builds a corporate social responsibility scoring standard based on the ISO 26000 social responsibility framework proposed by the International Organization for Standardization to explore the impact of corporate governance and corporate social responsibility on the firm value. The empirical results show that corporate governance and corporate social responsibility are significantly positively correlated with firm value. According to the impact of the interaction between corporate governance and corporate social responsibility on firm value, we have discovered the interaction between corporate governance and corporate social responsibility. The effect which is in the social responsibility and corporate governance positively correlates with the value of the company, that is why the company has good performance of corporate governance and actively participates in social responsibility. It has a significant impact on increasing the value of the company.