政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/36849
English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  全文筆數/總筆數 : 113318/144297 (79%)
造訪人次 : 51084816      線上人數 : 936
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
搜尋範圍 查詢小技巧：
  • 您可在西文檢索詞彙前後加上"雙引號"，以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋，建議至進階搜尋限定作者欄位，可獲得較完整資料
    •  進階搜尋
    政大機構典藏 > 商學院 > 企業管理學系 > 學位論文 >  Item 140.119/36849


    請使用永久網址來引用或連結此文件: https://nccur.lib.nccu.edu.tw/handle/140.119/36849


    題名: 企業社會責任與企業財務績效、高階經理人薪酬結構之關聯性分析
    作者: 陳姿伶
    貢獻者: 屠美亞
    陳姿伶
    關鍵詞: 企業社會責任
    財務績效
    高階經理人薪酬結構
    CSR
    financial performance
    executive compensation
    日期: 2008
    上傳時間: 2009-09-18 19:56:11 (UTC+8)
    摘要: 本研究主要探討，企業社會責任這個議題，是否能跳脫傳統從企業道德﹝business ethics﹞的角度，以更實用性的思考，結合企業所最為關心的經濟利益考量，成功地說服企業用更主動積極的方式從事與企業社會責任相關的決策與投資活動。為了達成該研究目的，本研究採用由道瓊永續性北美指數2005-2007連續三年評選入榜的企業為研究標的，觀測其財務績效相關指標是否明顯優於其餘未入榜的企業。而在現今許多所有權與經營權分離的企業當中，如何成功地降低待理問題，使高階經理人能將組織長遠永續發展的目標結合自身利益，為股東與其他利害關係人帶來最大的利益是本研究第二個探討的議題。藉由分析S&P execucomp資料庫2005-2007年的資料，本研究從高階經理人的年度薪酬資料，去了解企業社會責任執行佳的企業是否在薪酬結構的設計上有不同的設計。資料分析結果顯示，連續三年評選進入道瓊永續性北美指數的企業，其公司成長性顯著優於未入榜的企業；而主要與企業短期績效表現連動的薪酬制度──紅利，其所佔比例越高，將誘使高階經理人挪用於其他能創造短期財務績效的投資活動，長遠來看，將不利於公司企業社會責任活動的執行與發展。
    The goal of this study is to examine whether business performance is affected by the adoption of practice included under the term of “Corporate Social Responsibility (CSR).”To achieve this goal, the relation between CSR and some accounting or market indicators are analyzed and the existence of significant difference in performance indicators between North American firms that have adopt CSR and others that have not is also examined. Besides, this study takes a further step to explore the extent to which Boards use executive compensation to incite firms to act in accordance with social and environmental objectives. The Dow Jones Sustainability Index- North America is used for distinguishing firms that constantly comply with CSR practice for 3 years (2005-2007) from the rest. Empirical analysis supports the conclusion that differences in performance exist between firms that belong to the DJSI-North America (doing CSR good) and the rest (not doing CSR good). Moreover, the bonus of executive compensation has significant negative relationship with CSR. This finding implies that the compensation linking to short-term performance provides no incentives to executives for doing CSR which has long-term benefit for firms. This in turn suggests that executive compensation can be an effective tool in aligning executives’ welfare with that of the “common good”, which results in more socially responsible firms.
    參考文獻: 郭方昇 (2000)，「企業社會責任對企業財務績效與投資組合績效之影響性分 析」，私立中原大學企業管理研究所碩士論文。
    康峰菁 (2003)，「企業社會責任、財務績效與盈餘管理之國際實證研究」，國 立台北大學合作經濟學所博士論文。
    林益宏 (2003) ，「企業社會責任、財務績效與研發支出之關聯性分析」，國立 台北大學合作經濟學所碩士論文。
    林雅惠 (2005)，「台灣企業社會責任發展之現況研究」，國立台北科技大學環 境規劃與管理研究所碩士論文。
    柯如欣 (2007) ，「從利害關係人之意願與行為探討企業社會責任與企業財務績 效間之關聯性─國際實證研究」，國立台北大學合作經濟學所碩士論文。
    蔡智全 (2007) ，「企業社會責任的聲譽效果與價值對公司財務績效的影響」， 私立元智大學財經所碩士論文。
    宋智皓 (2006) ，「董監酬勞與公司治理之關聯性研究」，國立政治大學會計研 究所碩士論文。
    王濟川、郭志剛 (2008)，《Logistic 迴歸模型－方法與應用》，五南文化事業機 構。
    Kaplan, R., and D. Norton. 1992. The balance scorecard－measures that drive
    performance. Harvard Business Review 70 (January/February )：71-79.
    Lewellen, Lorderer and K. Martin. 1987. Executive compensation contracts and
    executive incentive problems: An empirical analysis. Journal of
    Accounting and Economics 9: 287-310
    Jensen, M. C. and W. H. Meckling. 1976. Theory of the firm: Managerial
    behavior agency cost and ownership structure. Journal of Financial and
    Economics 3: 305-360.
    Meyer JW, Rowan B. (1977), “Institutionalized organizations：formal structure as myth and ceremony." American Journal of Sociology , 83, 340-363.
    Thilo Goodall (2006), “Measuring Corporate Sustainability Performance and Its Impact on Corporate Financial Performance,” Applied Research in Environmental Economics, 51-74.
    Juan Pineiro Chousa and Noelia Romero Castro (2006), “Integrating Sustainability Into Traditional Financial Analysis ,” Sustainability Accounting and Reporting, 83-108.
    M. Victoria Lo´pez, Arminda Garcia and Lazaro Rodriguez (2007), “Sustainable Development and Corporate Performance：A Study Based on the Dow Jones Sustainability Index, ” Journal of Business Ethics, 75, 285-300.
    Edward Nelling A Elizabeth Webb (2008), “Corporate social responsibility and financial performance: the "virtuous circle" ,” Review of Quantitative Finance and Accounting, 32, 285-300.
    Peter A. Stanwick and Sarah D Stanwick, (1998), “ The Relationship Between Corporate Social Performance, and Organizational Size, Financial Performance, and Environmental Performance：An Empirical Examination ,” Journal of Business Ethics, 17, 195-204.
    Manuel Castelo Branco and Lu´cia Lima Rodrigues, (2006), “Corporate Social Responsibility and Resource-Based Perspectives ,” Journal of Business Ethics, 69, 111-132.
    Scott Browne, (2003), “ Determinants of Corporate Social Performance：An Exploratory Investigation of Top Management Teams, CEO Compensation, And CEO Power,” Dissertation of Nova Southeast University.
    The Sustainability Yearbook, 2006-2008, SAM Sustainable Asset Management
    Smith, C. W. and R. L. Watts. 1992. The investment opportunity set and
    corporate financing, dividend, and compensation policies. Journal of
    Financial Economics 32: 263-292
    Stuart L,Hart and Mark B. Milstein (2003), “Creating Sustainable Value ,” Academy of Management Executive, 17, 56-69.
    Sloan, R. G.. 1996. Do stock prices fully reflect information in accruals and cash
    flows about future earnings?. The Accounting Review 71(July): 289-315.
    Michael E. Porter and Mark R. Kramer (2006), “Strategy & Society：The Link Between Competitive Advantage and Corporate Social Responsibility ,” Harvard Business Review, December 2006 , 2-15.
    Pratima Bansal (2005), “Evolving Sustainably：A Longitudinal Study of Corporate Sustainable Development,” Strategic Management Journal, 26, 197-218.
    Watts, R. L., and J. L. Zimmerman，1978，Towards a positive theory of the
    determination of accounting standards. The Accounting Review 53：
    112-134.
    描述: 碩士
    國立政治大學
    企業管理研究所
    96355032
    97
    資料來源: http://thesis.lib.nccu.edu.tw/record/#G0096355032
    資料類型: thesis
    顯示於類別:[企業管理學系] 學位論文

    文件中的檔案:

    檔案 描述 大小格式瀏覽次數
    503201.pdf94KbAdobe PDF21257檢視/開啟
    503202.pdf155KbAdobe PDF21301檢視/開啟
    503203.pdf107KbAdobe PDF21222檢視/開啟
    503204.pdf205KbAdobe PDF21592檢視/開啟
    503205.pdf284KbAdobe PDF22849檢視/開啟
    503206.pdf231KbAdobe PDF21826檢視/開啟
    503207.pdf214KbAdobe PDF21831檢視/開啟
    503208.pdf198KbAdobe PDF21384檢視/開啟
    503209.pdf157KbAdobe PDF21413檢視/開啟


    在政大典藏中所有的資料項目都受到原著作權保護.


    社群 sharing

    著作權政策宣告 Copyright Announcement
    1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
    The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

    2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
    NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - 回饋