企業環境保護程度與財務績效、違約風險的關聯性

How does extent of environmental protection contribute to firm financial performance and default risk?

梁容愷(Jung-Kai Liang)

指導教授 ： 邱建良 ； 李彥賢

淡江大學/商管學院/財務金融學系碩士班/碩士(2015年)

https://doi.org/10.6846/TKU.2015.00992

摘要

因應全球綠色經濟的發展趨勢，本研究探討企業環境保護程度對於財務績效、違約風險的關聯性。企業環境保護程度利用CSRhub資料庫中對於台灣165家企業的企業社會責任評比分數中的環境分數作為依據。其他財務資料皆取自TEJ資料庫。資料選取期間為2008年12至2014年7月。

實證分析結果證實，台灣165家企業中，企業社會責任與財務績效未呈顯著正相關，但與違約風險呈顯著負相關。企業環境保護程度與財務績效未呈顯著正相關，但與違約風險呈顯著負相關。實證結果證實，企業可更加落實環境保護與企業社會責任，降低違約風險。

關鍵字

企業社會責任 ； 環境保護 ； 財務績效 ； 違約風險

並列摘要

In response to the new trends in the global green economy, this research examines the relationship between extent of environmental protection and corporate financial performance, the risk of default. CSRhub database rating 165 companies in Taiwan the scores of corporate social responsibility.In this pater , the degree of environmental protection in accordance with the environmental scores of corporate social responsibility.Other financial information are derived from TEJ database.Select the data for the period from December 2008 to July 2014.

This research confirm that corporate social responsibility and financial performance was non-significant positively correlated, and significant negatively correlated with the risk of default. The degree of environmental protection was non-significant positively correlated with financial performance, and significant negatively correlated with the risk of default. The company can strengthen environmental protection and corporate social responsibility to lower the risk of default.

並列關鍵字

Corporate social responsibility ； Protection of the environment ； financial performance ； default of risk

參考文獻

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