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| Title: | 創辦人CEO與企業環境績效之關聯性
The Relationship Between Founder CEOs and Corporate Environmental Performance |
| Authors: | 莊欣儒 |
| Contributors: | 李佳玲
莊欣儒 |
| Keywords: | 創辦人CEO
環境績效
ESG表現
永續治理
Founder CEO
Environmental performance
ESG performance
Sustainable governance |
| Date: | 2025 |
| Issue Date: | 2025-08-04 14:54:36 (UTC+8) |
| Abstract: | 本研究以2015年至2022年間台灣上市(櫃)公司為樣本，使用TEJ永續資料庫環境支柱分數為衡量指標，檢驗創辦人CEO對企業環境績效之影響。實證結果顯示，創辦人CEO對環境績效具顯著負向影響，在家族企業中該負向關聯更為明顯，而當創辦人CEO具備較高教育程度時，其對環境績效的不利影響可部分緩解。額外分析亦發現，在創辦人交接給非創辦人後，企業環境績效顯著改善，其環境表現比穩定為創辦人CEO治理者佳。最後，穩健性檢驗結果亦支持主要研究，在創辦人CEO領導下，企業每單位營收碳排量較高，指出創辦人CEO對企業環境績效之負向影響。
This study investigates the impact of founder CEOs on corporate environmental performance, using a sample of Taiwanese publicly listed firms from 2015 to 2022. We use environmental scores from the TEJ ESG database as the primary performance measure. The results reveal that founder CEOs are significantly associated with lower environmental performance, and this negative relationship is more pronounced in family firms. However, the adverse effect is partially mitigated when the founder CEO possesses a higher level of education, suggesting that educational background can serve as a moderating factor. Further analysis shows that firms experience significant improvements in environmental performance following a leadership transition from a founder to a non-founder CEO. These improvements are more substantial compared to firms continuously led by founder CEOs. Robustness checks corroborate the main findings, demonstrating that firms under the leadership of founder CEOs tend to generate higher carbon emissions per unit of revenue. Collectively, these results highlight the detrimental impact of founder CEOs on environmental outcomes and suggest that leadership transitions and executive characteristics can play a critical role in shaping firms' environmental strategies. |
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| Description: | 碩士
國立政治大學
會計學系
112353114 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0112353114 |
| Data Type: | thesis |
| Appears in Collections: | [會計學系] 學位論文
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