政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/150305
English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  全文筆數/總筆數 : 113656/144643 (79%)
造訪人次 : 51747413      線上人數 : 594
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 > 學術期刊 > 會計評論 > 期刊論文 >  Item 140.119/150305


    請使用永久網址來引用或連結此文件: https://nccur.lib.nccu.edu.tw/handle/140.119/150305


    題名: ESG第三方確信、負面社會責任新聞報導與債務資金成本間之關聯性
    The Association Among ESG External Assurance、Negative Media Coverage of Social Responsibility and Cost of Debt Capital
    作者: 陳美惠;吳宴惠
    Chen, Mei-Hui;Wu, Yan-Hui
    貢獻者: 會計評論
    關鍵詞: 永續報告書;第三方確信;負面社會責任新聞報導;債務資金成本
    Sustainability report;External assurance;Negative media coverage;Cost of debt
    日期: 2024-01
    上傳時間: 2024-03-04 10:47:41 (UTC+8)
    摘要: 環境（Environment，簡稱E）、社會（Society，簡稱S）及公司治理（Governance，簡稱G）被提出後，全球各國企業的利害關係人都逐漸開始重視企業是否有落實ESG的議題。而債權人在放款時，除了會透過信用評等來評估企業風險外，還會將企業落實ESG的相關資訊納入其決策過程。本研究以2014年至2021年期間的臺灣上市櫃公司為樣本，探討企業的永續報告書與第三方確信是否會影響債務資金成本；並進一步檢視企業的負面社會責任新聞的干擾效果。實證結果發現，企業出具永續報告書及有經第三方確信，皆有助於降低債務資金成本，但當企業發生負面的社會責任新聞時，反而產生反效果，顯示永續報告書及第三方確信報告是債權人形成放款決策過程中的重要參考資訊。為提升永續報告公信力，強化企業的風險管理及公司治理機制，本研究實證結果支持政府持續推動與規範企業永續報告揭露與第三方確信之相關決策與作為。
    Stakeholders are increasingly interested in ESG (Environment, Social, and Governance) issues, while ESG reporting can help stakeholders assess risks and business performance in a company. We take Taiwan-listed companies from 2014 to 2021 as samples to explore whether sustainability reporting and external assurance can influence the cost of debt. Further, how the media coverage of negative social responsibility news moderates the relationship between sustainability reporting and the cost of debt is investigated. Our empirical results indicate that the cost of debt for firms that issue sustainability reports with external assurance is lower than others, which may be associated with the reduction of information asymmetry between a firm and its stakeholders. However, the media coverage of negative social responsibility news will increase the cost of debt, suggesting that negative social responsibility news matters to creditors. Overall, our findings stress the importance of companies issuing sustainability reports and external assurance.
    關聯: 會計評論, 78, 1-43
    資料類型: article
    DOI 連結: http://doi.org/10.6552/JOAR.202401_(78).0001
    DOI: 10.6552/JOAR.202401_(78).0001
    顯示於類別:[會計評論] 期刊論文

    文件中的檔案:

    檔案 描述 大小格式瀏覽次數
    index.html0KbHTML164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