企業社會責任與公司治理對財務報表重編之影響

本研究探討公司善盡企業社會責任且出具CSR報告書、獲得CSR獎項及公司治理等構面對財務報表重編之影響力。以2007年至2016年間之台灣上市公司為研究對象，採配對樣本法分別以1比1配對共224筆觀察值、1比2配對共336筆觀察值及全體有效樣本5,810筆進行分析探討。採羅吉斯迴歸分析法檢測假說，實證結果顯示，財務報表重編與企業出具CSR報告書及獲得CSR獎項具有顯著負向的關係。管理意涵為公司積極推行企業社會責任，企業推動CSR活動評價越佳，會發生財務報表重編的可能性較低。而家族企業及股價淨值比高之公司，與財務報表重編呈現正向顯著。研究指出獨立董事及經理人持股比率對財務報表重編呈現負向顯著，顯示席次較少的獨立董事及經理人監督的公司較容易發生財報重編。

關鍵字

企業社會責任； CSR報告書；公司治理；財務報表重編

並列摘要

This study aims to analyze the effects of corporate social responsibility, and corporate governance on financial restatement. The samples of this research are listed companies on the stock exchange in Taiwan from 2007 to 2016. The matching samples are 224 and 336 observations, and full observations are 5,810. The study uses the logistic regression to test thehypotheses. The evidencefinds that CSR report and CSR awards have significantly negativeeffect on financial restatement. The results show that the better CSR activities, the lower probability of financial restatement. The family firms and high price book ratio value ones are positively correlated with financial restatement. The study indicates that the independent directors and manager shareholding ratio have significant negative effect on financial restatement. It shows the less independent directors and managerial ownership, the higher possibility of financial restatement.