English  |  正體中文  |  简体中文  |  Items with full text/Total items : 90453/105671 (86%)
Visitors : 16021997      Online Users : 79
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    ASIA unversity > 管理學院 > 財務金融學系 > 博碩士論文 >  Item 310904400/112234

    Please use this identifier to cite or link to this item: http://asiair.asia.edu.tw/ir/handle/310904400/112234

    Title: 企業社會責任與資本市場評價之研究
    Corporate Social Responsibility and Evaluation on the Capital Market
    Authors: 黃慧瑜
    Huang, Hui-Yu
    Contributors: 財務金融學系
    Keywords: 企業社會責任;資本市場;股票報酬
    Corporate Social Responsibility;capital market;stock return
    Date: 2019
    Issue Date: 2019-10-28 09:14:13 (UTC+8)
    Publisher: 亞洲大學
    Abstract: 臺灣近年來因為金融海嘯、食安風暴、產品混充及知名企業汙染環境等問題,嚴重的影響資本市場的秩序,更引起了社會大眾的不安。
    企業社會責任(CSR)受到國內外的重視,也已成為國際企業的趨勢,現在全球也越來越重視企業對社會、經濟及環境的影響。因此,本研究採取樣本公司網站逐筆的蒐集臺灣上市(櫃)公司彚整CSR報告並發佈之CSR報告的認證資料。將2009年至2018年的臺灣上市(櫃)公司作為樣本,全面性探討資本市場特性與CSR報告之關聯性,而資本市場特性會用資訊不對稱、Tobin’s Q、股票報酬來做衡量。
    Various problems in Taiwan, such as the global financial crisis, food safety crises, product fraud, and environmental pollution of well-known enterprises, have seriously affected order in the capital markets and caused social unrest in recent years. At the same time, corporation social responsibility (CSR) has gotten more and more attention at home and abroad and become a trend of international enterprises. The world is now placing more emphasis on the positive and negative effects that enterprises have on society, the economy, and the environment. Therefore, this study utilizes the sample companies’ websites to collect certificated data of listed (OTC) companies in Taiwan to integrate and analyze CSR reports. Listed (OTC) companies in the high-technology industry of Taiwan from 2009 to 2018 are taken as the samples to comprehensively explore the relevance between capital market characteristics and CSR reports, with capital market characteristics measured through information asymmetry, Tobin's Q, and stock returns.
    The study’s results herein show that disclosing CSR reports indeed eases information asymmetry between enterprises. Moreover, compared to enterprises whose CSR reports are not disclosed, enterprises that did disclose CSR reports have significantly higher market values and stock returns. Overall, disclosing CSR reports provides positive evidence for enterprises’ market values. Hence, it can be inferred that CSR reports positively affect capital markets.
    Appears in Collections:[財務金融學系] 博碩士論文

    Files in This Item:

    File Description SizeFormat

    All items in ASIAIR are protected by copyright, with all rights reserved.

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback