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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 曾俊凱 | zh_TW |
| dc.contributor.advisor | Kevin Tseng | en |
| dc.contributor.author | 邱郁茹 | zh_TW |
| dc.contributor.author | Yu-Ju Chiu | en |
| dc.date.accessioned | 2024-01-26T16:38:16Z | - |
| dc.date.available | 2024-01-27 | - |
| dc.date.copyright | 2024-01-26 | - |
| dc.date.issued | 2024 | - |
| dc.date.submitted | 2024-01-16 | - |
| dc.identifier.citation | Albuquerque, Rui, Art Durnev, and Yrjo Koskinen, 2019, Corporate social responsibility and firm risk: Theory and empirical evidence, Management Science, 65, 4451-4949
Be ́nabou, Roland, and Jean Tirole, 2010, Individual and corporate social responsibility, Economica, 77, 1–19. Broadstock, D.C. Chan, K. Cheng, L.T. and Wang, X. (2020), “The role of ESG performance during times of financial crisis: evidence from COVID-19 in China”, Finance research letters, 38, 1-10. Cornett, M.M., Erhemjamts, O., Tehranian, H., 2016. Greed or good deeds: an examination of the relation between corporate social responsibility and the financial performance of U.S. commercial banks around the financial crisis, Journal of Banking & Finance, 70, 137–159. Daniel, Kent, and Sheridan Titman, 1997, Evidence on the characteristics of cross-sectional variation in stock returns, Journal of Finance, 52, 1–33. Fatemi, A., Fooladi, I., Tehranian, H., 2015. Valuation effects of corporate social responsibility, Journal of Banking & Finance, 59, 182–192. Flammer, C., 2015. Does corporate social responsibility lead to superior financial performance? A regression discontinuity approach, Management Science. 61 (11), 2549–2568. Gao, L., Zhang, J.H., 2015. Firms’ earnings smoothing, corporate social responsibility, and valuation, Journal of Corporate Finance, 32, 108–127. Hart, O., Zingales, L., 2017. Companies should maximize shareholder welfare not market value. Journal of Law, Finance and Accounting, 2, 247–274. Heinkel, R., Kraus, A., Zechner, J., 2001. The effect of green investment on corporate behavior, Journal of Financial and Quantitative Analysis ,36 (4), 431–449. Lins, K.V., Servaes, H., Tamayo, A., 2017. Social capital, trust, and firm performance: the value of corporate social responsibility during the financial crisis, Journal of Finance, 72 (4), 1785–1824. Lins, Karl V., Paolo Volpin, and Hannes Wagner, 2013, Does family control matter? International evidence from the 2088–2009 financial crisis, Review of Financial Studies, 26, 2583–2619. Pedersen, L.H., Fitzgibbons, S., Pomorski, L., 2020. Responsible investing: the esg-efficient frontier. Available at SSRN, 3466417. Stuart L. Gillan, Andrew Koch, Laura T., 2021. Starks,Firms and social responsibility: A review of ESG and CSR research in corporate finance, Journal of Corporate Finance, 66, 929-1199, | - |
| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/91468 | - |
| dc.description.abstract | 在2020年1月到3月新冠肺炎爆發期間，具有ESG較高評分的公司將可以比ESG較低的公司獲得較佳的公司報酬，每增加一標準差的ESG分數，將可提升2-3個百分點的公司報酬，且在ESG的三大面向裡，又以G（公司治理）分數影響最劇烈，公司每提升一標準差的G分數，將可替公司報酬帶來9-10個百分點的提升。此外，公司報酬與G分數的相關性，只在疫情期間(2020/01-03)表現得較為顯著，在疫情復甦後，則沒有明顯證據顯示公司報酬與G分數具有相關性。 | zh_TW |
| dc.description.abstract | During the COVID-19 outbreak from January to March 2020, companies with higher ESG scores were able to achieve better corporate returns compared to those with lower ESG scores. For every increase of one standard deviation in ESG score, a 2-3 percentage point increase in corporate returns was observed. Among the three dimensions of ESG, the Governance (G) score had the most significant impact. A one standard deviation increase in the G score could lead to a 9-10 percentage point enhancement in corporate returns. Furthermore, the correlation between corporate returns and G scores was particularly significant during the pandemic period (January to March 2020), with no clear evidence of a similar correlation post-crisis from the pandemic. | en |
| dc.description.provenance | Submitted by admin ntu (admin@lib.ntu.edu.tw) on 2024-01-26T16:38:16Z No. of bitstreams: 0 | en |
| dc.description.provenance | Made available in DSpace on 2024-01-26T16:38:16Z (GMT). No. of bitstreams: 0 | en |
| dc.description.tableofcontents | 口試委員會審定書#
中文摘要 i ABSTRACTii 目次 iii 表格 v 第一章 緒論 1 第二章 文獻回顧3 2.1 ESG評分與公司價值關係 3 2.2 ESG決策在特殊時期扮演的角色4 第三章 資料與研究方法6 3.1資料來源與研究期間6 3.2變數6 3.2.1 S&P Global ESG Score7 3.2.2 公司報酬與會計資料7 3.3研究方法8 第四章 實證結果10 4.1 疫情期間公司調整報酬與ESG的關係10 4.2 不同ESG評分組別與公司調整報酬的關係14 4.3 不同時期公司調整報酬與ESG關係16 第五章 結論19 參考文獻 21 | - |
| dc.language.iso | zh_TW | - |
| dc.subject | 公司報酬 | zh_TW |
| dc.subject | 公司治理 | zh_TW |
| dc.subject | 新冠肺炎 | zh_TW |
| dc.subject | 公司價值 | zh_TW |
| dc.subject | 環境社會治理 | zh_TW |
| dc.subject | Corporate Governance | en |
| dc.subject | ESG | en |
| dc.subject | Firm Value | en |
| dc.subject | Covid-19 | en |
| dc.subject | Corporate Returns | en |
| dc.title | ESG評分與公司價值的關係：以Covid19為例 | zh_TW |
| dc.title | The Relationship between ESG Scores and Corporate Value: Case Study of the Covid-19 | en |
| dc.type | Thesis | - |
| dc.date.schoolyear | 112-1 | - |
| dc.description.degree | 碩士 | - |
| dc.contributor.oralexamcommittee | 邱婉茜;洪志清 | zh_TW |
| dc.contributor.oralexamcommittee | Wan-Chien Chiu;Chih-Ching Hung | en |
| dc.subject.keyword | 環境社會治理,公司價值,新冠肺炎,公司報酬,公司治理, | zh_TW |
| dc.subject.keyword | ESG,Firm Value,Covid-19,Corporate Returns,Corporate Governance, | en |
| dc.relation.page | 22 | - |
| dc.identifier.doi | 10.6342/NTU202400092 | - |
| dc.rights.note | 未授權 | - |
| dc.date.accepted | 2024-01-17 | - |
| dc.contributor.author-college | 管理學院 | - |
| dc.contributor.author-dept | 財務金融學系 | - |
| 顯示於系所單位： | 財務金融學系 | |
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