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| Title: | 企業ESG表現與租稅規避之關聯性探討
The Association between ESG Performance and Tax Avoidance Behavior |
| Authors: | 楊絲婷
Yang, Ssu-Ting |
| Contributors: | 許崇源
Hsu, Chung-Yuan
楊絲婷
Yang, Ssu-Ting |
| Keywords: | ESG
租稅規避
有效稅率
財稅差異
ESG
Tax avoidance
Effective tax rate
Book-tax differences |
| Date: | 2024 |
| Issue Date: | 2024-09-04 14:47:11 (UTC+8) |
| Abstract: | 本研究探討 2020 至 2023 年臺灣上市櫃公司之 ESG 表現與避稅行為間的關聯性，並以有效稅率和財稅差異作為衡量企業避稅程度的代理變數；ESG 的相關資料則取自台灣經濟新報資料庫（TEJ）中 TESG 永續發展指標對於環境構面（E）、社會構面（S）及公司治理構面（G）的綜合及個別績效評分，分數由低至高，範圍介於 0 到 100 分。
假說一之實證結果顯示，企業之 ESG 綜合績效評分與企業避稅行為存在顯著關聯性，其中與有效稅率呈現顯著負向關係，與財稅差異則呈現顯著正向關係，意即在兩者不同衡量企業避稅程度的代理變數的情況下， ESG 綜合表現愈佳之企業，可能從事愈多的避稅行為，避稅程度愈高。假說二之實證結果顯示，社會構面（S）及公司治理構面（G）與企業避稅行為存在顯著關聯性，與有效稅率呈現顯著負向關係，與財稅差異則呈現顯著正向關係，而環境構面（E）則與企業避稅行為在使用有效稅率衡量下無顯著關聯，使用財稅差異則呈現顯著負向關係。此外，為提升本研究之準確性，在敏感性分析章節，本研究考慮租稅優惠可能對實證結果產生之影響，因此以是否享有較多租稅優惠將樣本區分為兩組重新進行驗證假說一，其結果與實證結果一致。在額外測試章節，本研究使用不同有效稅率的計算方式作為企業避稅程度的代理變數，結果亦與實證結果一致。
This study investigates the relationship between Environmental, Social, and Governance (ESG) performance and tax avoidance behavior of listed companies in Taiwan from 2020 to 2023. The proxies for measuring the degree of tax avoidance are the effective tax rate and book-tax differences. ESG scores are obtained from the Taiwan Economic Journal (TEJ) database, which assesses companies on environmental (E), social (S), and governance (G) dimensions. Scores range from 0 to 100, with higher scores indicate better performance.
The empirical results for Hypothesis 1 indicate a significant correlation between a company's overall ESG performance and its tax avoidance behavior, with a significant negative relationship to the effective tax rate and a significant positive relationship to the book-tax difference. This suggests that companies with better ESG performance may engage in more tax avoidance behavior. Furthermore, empirical results for Hypothesis 2 indicate that the social (S) and governance (G) dimensions significantly correlate with tax avoidance, showing a negative relationship with the effective tax rate and a positive relationship with the book-tax difference. However, the environmental (E) dimension lacks significant correlation with tax avoidance when measured by the effective tax rate, but it exhibits a significant negative relationship when measured by book-tax differences.
In order to enhance accuracy, the study's sensitivity analysis considers the impact of tax incentives, dividing the sample based on the extent of tax incentives received, and revalidates Hypothesis 1, finding consistent results. Additional tests using different methods to calculate the effective tax rate also yield consistent findings. |
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| Description: | 碩士
國立政治大學
會計學系
111353020 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0111353020 |
| Data Type: | thesis |
| Appears in Collections: | [會計學系] 學位論文
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