請用此 Handle URI 來引用此文件：
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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 吳儀玲 | zh_TW |
| dc.contributor.advisor | Yi Lin Wu | en |
| dc.contributor.author | 楊崇孝 | zh_TW |
| dc.contributor.author | Chung Hsiao Yang | en |
| dc.date.accessioned | 2026-01-13T16:10:54Z | - |
| dc.date.available | 2026-01-14 | - |
| dc.date.copyright | 2026-01-13 | - |
| dc.date.issued | 2025 | - |
| dc.date.submitted | 2025-12-10 | - |
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| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/101275 | - |
| dc.description.abstract | 本研究檢驗台灣的銀行貸款，如何對企業的非財務事件風險定價。透過串接環境部裁罰資料與TEJ銀行貸款數據，本研究以固定效果模型發現，企業於環境違規後取得的新貸款，其利率被顯著提高。此結果在控制公司與貸款特徵後依然穩健，且負面信號具備獨立於財務指標之外的增量解釋力。此現象反映了自赤道原則推行後，銀行業者在授信評估中已更加重視企業的環境風險，並將其轉化為具體的融資成本。 | zh_TW |
| dc.description.abstract | This study examines how banks in Taiwan price risks associated with corporate non-financial performance in their lending practices. By using data on environmental penalties from Taiwan's Ministry of Environment and bank loan data from TEJ, we show that, in the fixed-effects analysis, firms obtain new loans at significantly higher all-in spreads following environmental violations. This result remains robust after controlling for borrower and loan contract characteristics. The environmental violations provide significant additional explanatory power for loan pricing after controlling for borrowers’ financial performance. Our findings suggest that, following the implementation of the Equator Principles, banks have appeared to adopt green credit policies in their credit assessments and have translated environmental risks into bank loan spreads. | en |
| dc.description.provenance | Submitted by admin ntu (admin@lib.ntu.edu.tw) on 2026-01-13T16:10:54Z No. of bitstreams: 0 | en |
| dc.description.provenance | Made available in DSpace on 2026-01-13T16:10:54Z (GMT). No. of bitstreams: 0 | en |
| dc.description.tableofcontents | 目次
致謝 i 摘要 ii Abstract iii 目次 iv 第一章 緒論 1 第二章 文獻回顧與研究假設 8 2.1 文獻回顧 8 2.1.1 貸款對於企業經營發展的重要性與價值 8 2.1.2 企業貸款評估利率的條件 9 2.1.3 銀行貸款對於高污染行業的做法 11 2.1.4 聲譽︑社會注意力與金融市場中的資訊傳導機制 13 2.2 研究假設 14 第三章 資料及研究方法 18 3.1 資料樣本 18 3.1.1 企業貸款資料 18 3.1.2 環保裁罰資料 20 3.2 研究設計與模型設定 22 第四章 實證結果 25 4.1 主要解釋變數:Post 28 4.2 控制變數分析 28 4.3 實證結果分析 30 第五章 異質性分析 35 5.1 主要往來銀行 (Main bank) 分組檢驗 36 5.2 2019 年前後分組異質性檢驗 39 5.3 公司年齡分組 41 5.4 公眾注意力與資訊傳導機制：違規揭露的即時反應 44 5.5 異質性檢驗的結論 47 第六章 案例分享 49 6.1 案例一：銀行授信合約中之 ESG 調整條款案例 49 6.2 案例二：授信條件變更與 ESG 績效掛鉤的利率設計案例 49 6.3 案例三：碳中和與綠電使用比例掛鉤的案例 50 6.4 案例四：具懲罰與誘因並行設計之 ESG 連結貸款案例 50 6.5 案例五：製造業導向之 ESG 績效量化與第三方驗證機制案例 51 6.6 案例六：多維度 ESG 量化績效連結放款案例 51 6.7 環境違規的代價已經逐漸浮現 52 第七章 結論與政策建議 54 附表：變數資料說明 57 參考文獻 58 | - |
| dc.language.iso | zh_TW | - |
| dc.subject | 環境違規 | - |
| dc.subject | 銀行貸款利率 | - |
| dc.subject | ESG 風險 | - |
| dc.subject | 信用定價 | - |
| dc.subject | Environmental Violations | - |
| dc.subject | Bank Loan Spreads | - |
| dc.subject | ESG Risk | - |
| dc.subject | Credit Pricing | - |
| dc.subject | Tai-wan Banking Sector | - |
| dc.title | 企業環境違規事件對銀行貸款定價的影響 | zh_TW |
| dc.title | The Impact of Corporate Environmental Violations on Bank Loan Pricing | en |
| dc.type | Thesis | - |
| dc.date.schoolyear | 114-1 | - |
| dc.description.degree | 碩士 | - |
| dc.contributor.oralexamcommittee | 黃景沂;潘虹華 | zh_TW |
| dc.contributor.oralexamcommittee | Ching I Huang;Hung-Hua Pan | en |
| dc.subject.keyword | 環境違規,銀行貸款利率ESG 風險信用定價 | zh_TW |
| dc.subject.keyword | Environmental Violations,Bank Loan SpreadsESG RiskCredit PricingTai-wan Banking Sector | en |
| dc.relation.page | 62 | - |
| dc.identifier.doi | 10.6342/NTU202504768 | - |
| dc.rights.note | 同意授權(全球公開) | - |
| dc.date.accepted | 2025-12-11 | - |
| dc.contributor.author-college | 社會科學院 | - |
| dc.contributor.author-dept | 經濟學系 | - |
| dc.date.embargo-lift | 2030-01-01 | - |
| 顯示於系所單位： | 經濟學系 | |
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