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| Title: | 捐贈政治獻金之企業特性─以台灣上市櫃及興櫃公司為例
Corporation characteristics and political donations: evidence from Taiwan |
| Authors: | 李瑩貞 |
| Contributors: | 陳宇紳
李瑩貞 |
| Keywords: | 政商關係
政治獻金
家族企業
董監質押比
Political connection
Political donations
Family firms
Shares pledging |
| Date: | 2017 |
| Issue Date: | 2017-07-24 11:58:10 (UTC+8) |
| Abstract: | 於2004年政治獻金法上路後，企業之資金用於建立政商關係之情形更為透明化，因此本文以台灣上市、上櫃及興櫃公司為樣本，探討政治獻金與公司特徵的關連性，公司特徵本研究著重在三方面：家族企業、特定產業及董監事質押比。實證結果顯示，企業捐贈政治獻金確實會受股權型態影響，家族企業捐贈政治獻金之意願及捐贈金額較高；在台灣特定產業之營運有賴於政府之許可或常與政府有合約關係，實證結果證實該特定產業較願意捐贈政治獻金，且捐贈金額較高。當董監質押比越高時，其董監事可能會降低其監督之誘因，經理人利用公司資金建立個人政治資本可能性增加，同時也可能基於其經營風險上升，而傾向於捐贈政治獻金建立政商關係，獲得利益，而實證結果顯示，董監事質押比與捐贈政治獻金呈顯著正相關。
After Political Contributions Law passed in 2004, the enterprise funds use for the political connection is more transparent. This study investigates the relation between corporate characteristics and political donation for which corporate characteristics include family ownership, industries where firms are more likely to benefit from political connections, and share pledging of board directors. Using a longitude political donation data of Taiwanese listed firms, we find that type of control ownership is associated with political donations; Specifically family firms are more willing to donate and make greater political donations than firms with other types of control ownership control. Our findings also indicate that industries that tend to have the contractual relationship with the government or whose operations are highly pertinent to regulatory permission, exhibit a higher willing to make political donations with greater amounts. Additionally, the empirical results show that there is a positive association between the percentage of shares pledged by the board of directors and political donations. |
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| Description: | 碩士
國立政治大學
會計學系
104353024 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0104353024 |
| Data Type: | thesis |
| Appears in Collections: | [會計學系] 學位論文
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