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| Title: | 以員工關係作為績效衡量指標之經濟後果
The economic consequences of using employee relations as performance metrics |
| Authors: | 詹皓惟
Chan, Hao-Wei |
| Contributors: | 梁嘉紋
Liang, Jia-Wen
詹皓惟
Chan, Hao-Wei |
| Keywords: | 員工關係
ESG 績效衡量指標
薪酬比率
經理人薪酬
Employee relations
ESG metrics
Pay ratio
Executive compensation |
| Date: | 2022 |
| Issue Date: | 2022-09-02 14:43:08 (UTC+8) |
| Abstract: | 有鑒於採用企業社會責任相關指標衡量 CEO 績效的企業日益增加，本研究探討企業採用員工關係作為 CEO 績效衡量指標之影響。以 2018 至 2020 年的美國 Standard & Poor 500 公司為樣本，實證結果顯示，採用員工關係作為績效衡量指標之企業有顯著較低的 CEO 與員工薪酬比率，員工薪酬亦顯著較高。而採用員工關係績效指標則對 CEO 薪酬無顯著影響。另外，員工關係績效衡量指標雖與員工生產力呈正相關，卻與企業價值呈現負相關。整體而言，採用員工關係作為 CEO 績效衡量指標有助於提升員工福祉，惟指標之內容及衡量方式應審慎考量，否則將無益於企業價值之提升與長期發展。
In light of the recent trend of stakeholder-oriented performance metrics adoption, this research examines the consequences of firms using employee metrics in their CEO compensation plans. Using a sample of S&P 500 companies from 2018 to 2020, I find that firms adopting employee metrics are lower in pay ratios and higher in employee compensation and employee productivity, while I do not find a relation between employee metrics and CEO compensation. I further find that the adoption of employee metrics has a negative effect on firm value. Overall, the results suggest a positive effect of employee metrics on employee welfare and employee productivity; however, firms should use the ESG metrics with prudence, otherwise it may adversely affect firm value and long-term performance. |
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| Description: | 碩士
國立政治大學
會計學系
109353003 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0109353003 |
| Data Type: | thesis |
| DOI: | 10.6814/NCCU202201137 |
| Appears in Collections: | [會計學系] 學位論文
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