Title

企業履行社會責任之回報

Translated Titles

The Returns for Firms Fulfilling Social Responsibilities

DOI

10.6342/NTU201702149

Authors

楊芳喻

Key Words

企業社會責任 ; 無形資產 ; 盈餘反應係數 ; 盈餘持續性 ; social responsibility ; intangible asset ; earnings response coefficient ; earnings persistence

PublicationName

臺灣大學會計學研究所學位論文

Volume or Term/Year and Month of Publication

2017年

Academic Degree Category

碩士

Advisor

陳國泰

Content Language

繁體中文

Chinese Abstract

本研究共分為六個章節,敘述了投資人對於企業履行社會責任所給予之回報。本文以西元2007年至2016年為止共十個年度之台灣上市櫃公司為樣本進行分析。研究結果顯示,若公司履行越多的社會責任,能夠創造更多的無形資產,亦能使投資人對未預期盈餘有好的評價,意即有較高的盈餘反應係數,但僅發生於當期盈餘不如預期時,反之,當期盈餘若優於預期時,則無此效果。除此之外,企業在履行越多的社會責任時,也可以使公司的盈餘持續性較佳。

English Abstract

This thesis investigates whether investors reward firms who fulfill the social responsibilities. The samples included Taiwanese listed companies from 2007 to 2016.The empirical results show that the more social responsibilities the firms are engaged in, the more intangible asset they create. Also, when the firms are deeply involved in social responsibilities, the market would give greater valuation on unexpected earnings with the larger earnings response coefficient. However, it only happened when the unexpected earnings are negative. If the unexpected earnings are positive, the effect didn’t exist. Finally, if the firms take on social responsibilities, they do have better earnings persistence.

Topic Category 管理學院 > 會計學研究所
社會科學 > 財金及會計學
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