請用此 Handle URI 來引用此文件:
http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/88006
完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.advisor | 廖芝嫻 | zh_TW |
dc.contributor.advisor | Chih-Hsien Liao | en |
dc.contributor.author | 許芳甄 | zh_TW |
dc.contributor.author | Fang-Chen Hsu | en |
dc.date.accessioned | 2023-08-01T16:21:45Z | - |
dc.date.available | 2023-11-09 | - |
dc.date.copyright | 2023-08-01 | - |
dc.date.issued | 2023 | - |
dc.date.submitted | 2023-06-15 | - |
dc.identifier.citation | 尤琳蕙、曾思齊與劉啟群,2017,對強制編製企業社會責任報告書政策之市場反應:以臺灣為例,會計審計論叢,第7卷第2期(12月),1-22。
吳幸蓁與廖蕙儀,2017,自願性揭露企業社會責任資訊之決定因素與其資訊後果,中山管理評論,第25卷第1期(3月),13-62。 陳育成、許峰睿與黃聖雯,2013,企業社會責任與經營績效之關聯性研究,評價學報(6),53-72。 黃瓊瑤、張瑞元與林金賢,2014,企業社會責任揭露對權益資金成本之影響,臺灣企業績效學刊,第7卷第2 期(6月),103-124。 詹場、柯文乾與池祥麟,2016,CSR 能為公司經營策略帶來什麼好處? —來自世界頂級學術期刊之證據,商略學報,8(2),77-86。 臺灣證券交易所公司治理中心,2014,新聞稿,網址:https://cgc.twse.com.tw/pressReleases/promoteNewsArticleCh/116。 臺灣證券交易所公司治理中心,2021,新聞稿,網址:https://cgc.twse.com.tw/pressReleases/promoteNewsArticleCh/4144。 Akrout, M. M., and H. B. Othman. 2016. Environmental disclosure and stock market liquidity: Evidence from Arab MENA emerging markets. Applied Economics 48: 1840-1851. American Economic Review 74: 361-366. Arayssi, M., M. Dah, and M. Jizi. 2016. Women on boards, sustainability reporting and firm performance. Sustainability Accounting Management and Policy Journal 7 (3): 379-401. Becker-Olsen, K. L., Cudmore, B. A., and Hill, R. P. 2006. The Impact of Perceived Corporate Social Responsibility On Consumer Behavior. Journal of Business Research 59(1): 46-53. Berger, P. G., and R. N. Hann. 2007. Segment Profitability and the Proprietary and Agency Costs of Disclosure. The Accounting Review 82: 869-906. Bhattacharya, C. B., and S. Sen. 2004. Doing better at doing good: When, why, and how consumers respond to corporate social initiatives. California Management Review 47 (1): 9-24. Bolton, P., and M. Kacpercyk. 2021. Do investors care about carbon risk? Journal of Financial Economics 142 (2): 517-549. Bucaro, A. C., K. E. Jackson, and J. B. Lill. 2020. The influence of corporate social responsibility measures on investors’ judgments when integrated in a financial report versus presented in a separate report. Contemporary Accounting Research 37 (2): 665-695. Cao, S. S., G. Ma, J. W. Tucker, and C. Wan. 2018. Technological peer pressure and product disclosure. The Accounting Review 93 (6): 95-126. Chen, C. X., Matsumura, E. M., Shin, J. Y., and Wu, S. Y.-C. 2015. The Effect of Competition Intensity and Competition Type on the Use of Customer Satisfaction Measures in Executive Annual Bonus Contracts. The Accounting Review 90 (1): 229-263. Chen, Y. C., M. Hung, and Y. Wang. 2018. The effect of mandatory CSR disclosure on firm profitability and social externalities: Evidence from China. Journal of Accounting and Economics 65 (February): 169-190. Cho, C., J. Jung, B. Kwak, J. Lee, and C. Yoo. 2017. Professors on the board: Do they contribute to society outside the classroom? Journal of Business Ethics 141 (2): 393-409. Clarkson, M. E. 1995. A stakeholder framework for analyzing and evaluating corporate social performance. Academy of Management Review 20 (1): 92-117. Clarkson, P. M., Kao, J. L., and Richardson, G. D. 1994. The voluntary inclusion of forecasts in the MD&A section of annual reports. Contemporary Accounting Research 11 (1): 423-450. Clinch, G., and Verrecchia, R. E. 1997. Competitive disadvantage and discretionary disclosure in industries. Australian Journal of Management 22: 125-137. Cohen, D. 2006. Does Information Risk Really Matter? An Analysis of the Determinants and Economic Consequences of Financial Reporting Quality. Working paper, New York University. Cohen, J., and R. Simnett. 2015. CSR and assurance services: A research agenda. Auditing: A Journal of Practice and Theory 34 (1): 59-74. Cormier, D., and Gordon, I. M. 2001. An examination of social and environmental reporting strategies. Accounting, Auditing & Accountability Journal 14 (5): 587-617. Cormier, D., and M. Magnan. 2003. Environmental reporting management: A European perspective. Journal of Accounting and Public Policy 22 (1): 43-62. Crifo, P., V. D. Forget, and S. Teyssier. 2015. The price of environmental, social and governance practice disclosure: An experiment with professional private equity investors. Journal of Corporate Finance 30: 168-194. Dah, M. A., and M. I. Jizi. 2018. Board independence and the efficacy of social reporting. Journal of International Accounting Research 17 (1): 25-45. Darrough, M. N., and Stoughton, N. M. 1990. Financial disclosure policy in an entry game. Journal of Accounting and Economics 12 (1-3): 219-243. DeFond, M., and Park, C. 1999. The Effect of Competition on CEO Turnover. Journal of Accounting and Economics 27: 35-56. Dhaliwal, D. S., O. Z. Li, A. Tsang, and Y. G. Yang. 2011. Voluntary nonfinancial disclosure and the cost of equity capital: The initiation of corporate social responsibility reporting. The Accounting Review 86 (1): 59-100. Dhaliwal, D. S., O. Z. Li, A. Tsang, and Y. G. Yang. 2014. Corporate social responsibility disclosure and the cost of equity capital: The roles of stakeholder orientation and financial transparency. Journal of Accounting and Public Policy 33 (4): 328-355. Dhaliwal, D. S., S. Radhakrishnan, A. Tsang, and Y. G. Yang. 2012. Nonfinancial disclosures and analyst forecast accuracy: International evidence on corporate social responsibility (CSR) disclosure. The Accounting Review 87 (3): 723-759. Du, S., and K. Yu. 2021. Do corporate social responsibility reports convey value relevant information? Evidence from report readability and tone. Journal of Business Ethics 172: 253-274. Dye, R. A. 1986. Proprietary and nonproprietary disclosures. The Journal of Business 59 (2): 331-366. Eccles, R. G., I. Ioannou, and G. Serafeim. 2014. The impact of corporate sustainability on organizational processes and performance. Management Science 60 (11): 2835-2857. El Ghoul, S., O. Guedhami, C. C. Y. Kwok, and D. R. Mishra. 2011. Does corporate social responsibility affect the cost of capital? Journal of Banking and Finance 35 (9): 2388-2406. Elliott, W. B., K. E. Jackson, M. E. Peecher, and B. J. White. 2014. The unintended effect of corporate social responsibility performance on investors’ estimates of fundamental value. The Accounting Review 89 (1): 275-302. Fernandez-Feijoo, B., S. Romero, and S. Ruiz. 2014. Effect of stakeholders’ pressure on transparency of sustainability reports within the GRI framework. Journal of Business Ethics 122 (1): 53-63. Fernández-Gago, R., L. Cabeza-García, and M. Nieto. 2018. Independent directors’ background and CSR disclosure. Corporate Social Responsibility and Environmental Management 25 (5): 991-1001. Flammer, C. 2013. Corporate social responsibility and shareholder reaction: The environmental awareness of investors. Academy of Management Journal 56 (3): 758-781. Frankel, R., M. McNichols, and G. P. Wilson. 1995. Discretionary disclosure and external financing. The Accounting Review 70 (1): 135-150. Frésard, L., and Valta, P. 2013. Competitive pressure and corporate investment: Evidence from trade liberalization. Working paper, University of Maryland. Fudenberg, D., and Tirole, J. 1984. The fat-cat effect, the puppy-dog ploy, and the lean and hungry look. American Economic Review 74 (2): 361-366. Gao, L. S., and Connors, E. 2011. Corporate environmental performance, disclosure and leverage: An integrated approach. Working paper. University of Massachuetts Boston. García-Sánchez, I. M. and J. Martínez-Ferrero. 2017. Independent directors and CSR disclosures: The moderating effects of proprietary costs. Corporate Social Responsibility and Environmental Management 24 (1): 28-43. Giannarakis, G. 2014. The determinants influencing the extent of CSR disclosure. International Journal of Law and Management 56 (5): 393-416. Gibson, K., and G. O’Donovan. 2007. Corporate governance and environmental reporting: An Australian study. Corporate Governance 15 (5): 944-956. Graham, J. R., C. R. Harvey, and S. Rajgopal. 2005. The economic implications of corporate financial reporting. Journal of Accounting and Economics 40 (1-3): 3-73. Harris, F. 1988. Testable Competing Hypotheses from Structure-Performance Theory: Efficient Structure versus Market Power. Journal of Industrial Economics 34 (3): 267-279. Hart, O. 1983. The market mechanism as an incentive scheme. Bell Journal of Economics 13 (2): 366-382. Hildebrand, D., S. Sen, and C. Bhattacharya. 2011. Corporate social responsibility: A corporate marketing perspective. European Journal of Marketing 45 (9/10): 1353-1364. Hillman, A. J., and G. D. Keim. 2001. Shareholder value, stakeholder management, and social issues: What’s the bottom line? Strategic Management Journal 22 (2): 125-139. Hoberg, G., G. Phillips, and N. Prabhala. 2014. Product market threats, payouts, and financial flexibility. Journal of Finance 69 (1): 293-324. Holmstrom, B. 1982. Moral hazard in teams. Bell Journal of Economics 13: 324-340. Hung, M., J. Shi, and Y. Wang. 2015. Mandatory CSR disclosure and information asymmetry: evidence from a quasi-natural experiment in China. Working paper, The Hong Kong University of Science and Technology. Ibrahim, N. A., D. P. Howard, and J. P. Angelidis. 2003. Board members in the service industry: An empirical examination of the relationship between corporate social responsibility orientation and directorial type. Journal of Business Ethics 47 (4): 393-401. Karuna, C. 2007. Industry Product Market Competition and Managerial Incentives. Journal of Accounting and Economics 43 (2-3): 275-297. KPMG. 2022. The KPMG Survey of Sustainability Reporting 2022. KPMG International Limited. Krueger, P., Z. Sautner, D. Y. Tang, and R. Zhong. 2021. The effects of mandatory ESG disclosure around the world. Working paper, available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3832745. Krüger, P. 2015. Corporate goodness and shareholder wealth. Journal of Financial Economics 115 (2): 304-329. Lang, M., and R. Lundholm. 1993. Cross-sectional determinants of analyst ratings of corporate disclosures. Journal of Accounting Research 31 (2): 246-271. Leftwich, R. W., R. L. Watts, and J. L. Zimmerman. 1981. Voluntary corporate disclosure: The case of interim reporting. Journal of Accounting Research 19 (Supplement): 50-77. Lev, B., C. Petrovits, and S. Radhakrishnan. 2010. Is doing good good for you? How corporate charitable contributions enhance revenue growth. Strategic Management Journal 31 (2): 182-200. Li, X. 2010. The Impacts of Product Market Competition on the Quantity and Quality of Voluntary Disclosures. Review of Accounting Studies 15 (3): 663-711. Li, Y., G. D. Richardson, and D. B. Thornton. 1997. Corporate disclosure of environmental liability information: Theory and evidence. Contemporary Accounting Research 14 (3): 435-474. Liao, L., L. Luo, and Q. Tang. 2015. Gender diversity, board independence, environmental committee and greenhouse gas disclosure. The British Accounting Review 47 (4): 409-424. Loureiro, S. M., Sardinha, I. M. D., and Reijnders, L. 2012. The Effect of Corporate Social Responsibility on Consumer Satisfaction and Perceived Value: the Case of the Automobile Industry Sector in Portugal. Journal of Cleaner Production 37: 172-178. Lys, T., J. Naughton, and C. Wang. 2015. Signaling through corporate accountability reporting. Journal of Accounting and Economics 60 (1): 56-72. Marquis, C., and Qian, C. 2014. Corporate social responsibility reporting in China: Symbol or substance? Organization Science 25 (1): 127-148. Martin, P. R., and D. V. Moser. 2016. Managers’ green investment disclosures and investors’ reaction. Journal of Accounting and Economics 61 (1): 239-254. Matsumura, E. M., R. Prakash, and S. C. Vera-Munoz. 2014. Firm-value effects of carbon emissions and carbon disclosures. The Accounting Review 89 (2): 695-724. Matsumura, E. M., R. Prakash, and S. C. Vera-Muñoz. 2017. To disclose or not to disclose climate-change risk in form 10-K: Does materiality lie in the eyes of the beholder? Working paper, available at: https://ssrn.com/abstract=2986290. Nagar, V. 1999. The Role of the Manager's Human Capital in Discretionary Disclosure. Journal of Accounting Research 37 (Supplement): 167-181. Nalebuff, B., and J. Stiglitz. 1983. Information, competition, and markets. American Economic Review 73: 278-283. Narayanan, N. P. 1985. Managerial Incentives for Short-Term Results. Journal of Finance 40: 1469-1484. Nazari, J., K. Hrazdil, and F. Mahmoudian. 2017. Assessing social and environmental performance through narrative complexity in CSR reports. Journal of Contemporary Accounting and Economics 13 (2): 166-178. Newman, P., and Sansing, R. 1993. Disclosure policies with multiple users. Journal of Accounting Research 31 (1): 92-112. Ni, X., and H. Zhang. 2019. Mandatory corporate social responsibility disclosure and dividend payouts: evidence from a quasinatural experiment. Accounting and Finance 58 (January): 1581-1612. Nickell, S. 1996. Competition and corporate performance. The Journal of Political Economy 104: 724-746. Olsen, M. C., R. J. Slotegraaf, and S. R. Chandukala. 2014. Green claims and message frames: How green new products change brand attitude. Journal of Marketing 78 (5): 119-137. Plumlee, M., D. Brown, R. Hayes, and S. Marshall. 2015. Voluntary environmental disclosure quality and firm value: Further evidence. Journal of Accounting and Public Policy 34 (4): 336-361. Post, C., N. Rahman, and E. Rubow. 2011. Green governance: Boards of directors’ composition and environmental corporate social responsibility. Business and Society 50 (1): 189-223. Raith, M. 2003. Competition, risk and managerial incentives. American Economic Review 93 (4): 1425-1436. Roberts, R. W. 1992. Determinants of corporate social responsibility disclosure: An application of stakeholder theory. Accounting, Organizations and Society 17(6): 595-612. Rotemberg, J., and D. Scharfstein. 1990. Shareholder Value Maximization and Product Market Competition. Review of Financial Studies 3 (3): 367-391. Ryou, J. W., Tsang, A., and Wang, K. T. 2022. Product market competition and voluntary corporate social responsibility disclosures. Contemporary Accounting Research 39 (2), 1215-1259. Schmidt, K. M. 1997. Managerial Incentives and Product Market Competition. Review of Economic Studies 64: 191-213. Sen, S., C. B. Bhattacharya, and D. Korschun. 2006. The role of corporate social responsibility in strengthening multiple stakeholder relationships: A field experiment. Journal of the Academy of Marketing Science 34 (2): 158-166. Servaes, H., and A. Tamayo. 2013. The impact of corporate social responsibility on firm value: The role of customer awareness. Management Science 59 (5): 1045-1061. Shleifer, A., and R. W. Vishny. 1997. A Survey of Corporate Governance. Journal of Finance 52: 737-783. Siciliano, J. I. 1996. The relationship of board member diversity to organizational performance. Journal of Business Ethics 15 (12): 1313-1320. Symeonidis, G. 2000a. Price competition, non-price competition and market structure: Theory and evidence from the UK. Economica 67: 437-456. Symeonidis, G. 2000b. Price and nonprice competition with endogenous market structure. Journal of Economics and Management Strategy 9 (1): 53-83. Thadden, E. L. 1995. Long-term Contracts, Short-Term Investment and Monitoring. Review of Economic Studies 62 (4): 557-575. Tsang, A., K. T. Wang, S. Liu, and L. Yu. 2021. Integrating corporate social responsibility criteria into executive compensation and firm innovation: International evidence. Journal of Corporate Finance 70: 1-27. Turban, D.B., and Greening, D.W. 1997. Corporate social performance and organizational attractiveness to prospective employees. Academy of Management Journal 40 (3): 658-672. Valta, P. 2012. Competition and the cost of debt. Journal of Financial Economics 105 (3): 661-682. Verrecchia, R. E. 1983. Discretionary disclosure. Journal of Accounting and Economics 5: 179-194. Waddock, S. A., and Graves, S. B. 1997. The corporate social performance-financial performance link. Strategic Management Journal 18(4): 303-319. Wagenhofer, A. 1990. Voluntary disclosure with a strategic opponent. Journal of Accounting and Economics 12 (4): 341-363. Wang, X., F. Cao, and K. Ye. 2018. Mandatory corporate social responsibility (CSR) reporting and financial reporting quality: Evidence from a quasi-natural experiment. Journal of Business Ethics 152 (September): 253-274. Wang, Z., T. Hsieh, and J. Sarkis. 2018. CSR performance and the readability of CSR reports: Too good to be true? Corporate Social Responsibility and Environmental Management 25: 66-79. Zingales, L. 2000. In search of new foundations. Journal of Finance 55 (4): 1623-1653. | - |
dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/88006 | - |
dc.description.abstract | 本研究主要探討產品市場競爭程度與企業社會責任資訊揭露傾向及揭露程度的關聯性,以臺灣2013至2017之上市公司為樣本進行分析。研究結果發現,當產品市場競爭程度越高,企業自願出具企業社會責任報告書的可能性越高,且自願揭露與企業社會責任及與產品相關議題的字數越多,顯示產品市場競爭具有外部監理作用,而企業基於顧客導向之行銷目的,越傾向提供較多的企業社會責任資訊。然而,若以強制出具企業社會責任報告書的樣本分析,則有部分證據顯示產品市場競爭強度與資訊揭露程度呈現負相關,支持私有資訊成本理論,亦顯示產品市場競爭程度與非財務資訊揭露之關係較為複雜。 | zh_TW |
dc.description.abstract | This study investigates how product market competition affects firms’ voluntary disclosure of corporate social responsibility (CSR) information. We use a sample of Taiwanese listed firms during years 2013 to 2017. The empirical results show that more competitive product markets increase firms’ likelihood of voluntarily issuing CSR reports. Moreover, product market competition is positively related to firms’ voluntary disclosure level, measured by the total number of pages of the CSR report, total number of words of CSR disclosures, and total number of words of product-related disclosures. The results are consistent with the external governance mechanism of product market competition and also support the customer-oriented domains of CSR information. However, we find partial evidence that product market competition is negatively related to firms’ disclosure level among the sample of firms that are subject to mandatory issuance of CSR reports. This suggests that the association between product market competition and non-financial information disclosure may be more complex than what has been documented in the literature. | en |
dc.description.provenance | Submitted by admin ntu (admin@lib.ntu.edu.tw) on 2023-08-01T16:21:45Z No. of bitstreams: 0 | en |
dc.description.provenance | Made available in DSpace on 2023-08-01T16:21:45Z (GMT). No. of bitstreams: 0 | en |
dc.description.tableofcontents | 目錄
摘要i Abstractii 目錄iii 表目錄iv 壹、序論1 貳、文獻探討及假說發展4 一、企業社會責任資訊揭露(CSR disclosures)之相關文獻4 二、產品市場競爭相關文獻9 參、研究設計14 一、應變數之衡量方式14 二、解釋變數之衡量方式14 三、實證模型16 四、樣本與資料來源17 肆、實證結果20 一、敘述統計20 二、相關係數21 三、迴歸結果24 伍、敏感性分析26 一、產品市場競爭程度之其他衡量方式26 二、以強制出具企業社會責任報告書之樣本分析28 陸、研究結論、限制與建議31 一、研究結論31 二、研究限制與建議31 附錄33 參考文獻40 | - |
dc.language.iso | zh_TW | - |
dc.title | 產品市場競爭程度與企業社會責任資訊揭露之關聯性:以臺灣為例 | zh_TW |
dc.title | Product Market Competition and Corporate Social Responsibility Disclosures: Evidence from Taiwan | en |
dc.type | Thesis | - |
dc.date.schoolyear | 111-2 | - |
dc.description.degree | 碩士 | - |
dc.contributor.oralexamcommittee | 吳淑鈴;張祐慈 | zh_TW |
dc.contributor.oralexamcommittee | Shu-Ling Wu;Yu-Tzu Chang | en |
dc.subject.keyword | 產品市場競爭程度,企業社會責任,自願揭露,私有資訊成本, | zh_TW |
dc.subject.keyword | product market competition,corporate social responsibility,voluntary disclosure,proprietary cost, | en |
dc.relation.page | 47 | - |
dc.identifier.doi | 10.6342/NTU202300974 | - |
dc.rights.note | 同意授權(限校園內公開) | - |
dc.date.accepted | 2023-06-16 | - |
dc.contributor.author-college | 管理學院 | - |
dc.contributor.author-dept | 會計學系 | - |
顯示於系所單位: | 會計學系 |
文件中的檔案:
檔案 | 大小 | 格式 | |
---|---|---|---|
ntu-111-2.pdf 授權僅限NTU校內IP使用(校園外請利用VPN校外連線服務) | 1.47 MB | Adobe PDF | 檢視/開啟 |
系統中的文件,除了特別指名其著作權條款之外,均受到著作權保護,並且保留所有的權利。