股權結構、公司治理與企業社會責任對員工薪酬之影響

The Influence of Ownership Structure, Corporate Governance and Corporate Social Responsibility on Nonexecutive Employees' Compensation

薛敏正(Min-Jeng Shiue) ； 葉淑玲(Shu-Ling Yeh) ； 盧怡妏(Yi-Wen Lu)

《中華會計學刊》 18卷2期 (2022/12) Pp. 167-205

https://doi.org/10.6538/TAR.202212_18(2).0001

摘要

本文主旨在探討國內非主管職員工薪酬的決定因素，且嘗試自股權結構、公司治理與企業社會責任的表現等三方面，分析這些因素對非主管職員工薪酬的影響。兩群研究樣本分別選自2017至2020年，以及2018至2020年間之國內上市（櫃）公司。資料來源分別取自臺灣經濟新報資料庫，與公開資訊觀測站。研究結果發現股權結構與、公司治理的品質，以及企業社會責任的表現皆為決定非主管職員工薪酬的重要因素。具體言之，本研究發現公司所有權越分散、公司治理品質較佳及企業社會責任表現較好的公司，非主管職員工薪酬較高。

關鍵字

非主管職員工薪酬 ； 所有權結構 ； 公司治理 ； 企業社會責任

並列摘要

The main purpose of this study was to identify the determinants of nonexecutive employees' compensation in Taiwan. We conjectured that ownership concentration, the function of corporate governance, and the performance of corporate social responsibilities (CSRs) are three major determinants of nonexecutive employees' compensation. Two sets of data regarding publicly traded firms in Taiwan were collected: between 2017 and 2020 and between 2018 and 2020. The data were collected from the Taiwan Economic Journal (TEJ) database and the Market Observation Post System. The research findings moderately support our supposition that ownership concentration is negatively correlated with nonexecutive compensation but that the function of corporate governance and the performance of CSRs are positively correlated with it.

並列關鍵字

Nonexecutive Employee Compensation ； Ownership Structure ； Corporate Governance ； Corporate Social Responsibility

參考文獻

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