從食安問題探討企業社會責任對於公司財務績效之影響

摘要台灣自2008年起逐年爆發食品安全風險之事件，程度及範圍皆顯現出越趨廣泛的現象，由此也在凸顯台灣在食品安全管制上的困境。除了台灣食品安全法自2013年起的修法歷程中，建立有「三級品管」的機制外，亦發布強制規範企業社會責任報告的編制，期待透過業者自主管理下，以內外合助協力的模式來維護顧客健康及食品安全，企業除了在政府相關法規的規範下，採取企業社會責任行動的方案外，更需將企業文化中添入企業社會責任原則，讓企業社會責任真正發揮企業積極正面的意義。企業在追求利潤的同時，並扮演最佳企業公民的角色，也須對社會與環境負起相應責任，才能為企業創造持續性競爭優勢。有鑑於此，本研究旨在探討企業社會責任（Corporate Social Responsibility, CSR）與公司財務績效之關聯性，並以遠見雜誌「企業社會責任」、台灣天下雜誌「企業公民」得獎之上市上櫃企業為原始研究樣本，採配對樣本方式及利用向量誤差修正模型(VECM)進行分析。樣本期間為 2014 年至 2019 年為主要研究主軸。本研究目的主要探討食品安全風暴後其企業社會責任對於公司財務績效之影響。實證結果發現食安類之產業，前一期的公司財務績效(ROA)對企業社會責任影響較為顯著；若考慮每股盈餘(EPS)變數時，控制變數負債比率（DEBT）則對企業社會責任影響較顯著。

關鍵字

食品安全；企業社會責任 (CSR) ；公司治理；財務績效

並列摘要

Abstract Since 2008, Taiwan has been the annual outbreak of food safety risk incidents, the extent and scope of the phenomenon has become more and more extensive, which also highlights Taiwans plight in food safety control. In addition to the process of amending Taiwans food safety law since 2013, the establishment of the In addition to the mechanism of the three-level quality management, also issued a mandatory regulation of the preparation of CSR reports, looking forward to through the self-management of the industry, with internal and external cooperation to help the model to maintain customer health and food safety, enterprises in addition to the relevant government regulations, the adoption of CSR action programs, but also the need to add corporate culture to the principle of corporate social responsibility, so that corporate social responsibility Really play a positive sense of the enterprise. In order to create sustainable competitive advantage for enterprises, enterprises must take corresponding responsibility for society and environment while pursuing profit and acting as the best corporate citizen. In view of this, the purpose of this study is to explore the relationship between Corporate Social Responsibility (CSR) and Corporate financial performance, The original research sample was selected from Vision Magazine Corporate Social Responsibility and Corporate Citizenship Award-winning listed OTC companies in Taiwan. The mode of sampling pairing and VECM model were used to analyze the data. The sample period is from 2014 to 2019 as the main research axis. The purpose of this study is to investigate the impact of CSR on corporate financial performance after the food safety storm. The empirical results show that ROA has significant effect on CSR in the former industry. When considering EPS variables, the control variable debt ratio is more significant to the impact of corporate social responsibility.