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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 許文馨(Wen-Hsin Hsu) | |
| dc.contributor.author | Chih-Ting Wei | en |
| dc.contributor.author | 魏志庭 | zh_TW |
| dc.date.accessioned | 2021-06-07T23:45:56Z | - |
| dc.date.copyright | 2014-07-08 | |
| dc.date.issued | 2014 | |
| dc.date.submitted | 2014-06-23 | |
| dc.identifier.citation | Abbott, W. F., and J. R. Monsen. 1979. On the measurement of corporate social responsibility. Academy of Management Journal 22: 501-515.
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| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/16782 | - |
| dc.description.abstract | 本文旨在探討企業社會責任之實行績效對公司執行長薪酬品質之影響。過去的研究指出，企業履行社會責任之動機，可能基於道德因素、替公司營利之動機，也可能是經理人為了自身的利益而履行社會責任。同時過去的研究結果也顯示，企業社會責任的履行可能對公司帶來好壞不一的影響，沒有達成確切的結論。本研究採用薪酬績效敏感度作為薪酬品質之代理變數，薪酬績效敏感度係指執行長之薪酬與其績效表現之間連結的緊密程度，此連結越強則越可降低專業經理人制度下，企業之代理成本。
本研究採用KLD企業社會責任資料庫做為主要的資料來源，並以執行長之現金薪酬、權益薪酬及總薪酬為因變數。研究結果發現，企業履行社會責任之績效，與執行長之薪酬呈現負相關，同時與執行長之薪酬績效敏感度呈現正相關，代表企業社會責任表現較佳的公司，其執行長之薪酬水準本身較低，但其薪酬與績效之間的連結則較強，顯示企業社會責任的履行有助於降低股東與經理人之間的衝突。 | zh_TW |
| dc.description.abstract | This study probes the effect of corporate social responsibility (CSR) on CEO compensation quality. Previous studies indicate that firms may engage in CSR activities out of ethical incentives, the incentives to create wealth for shareholders, or managers’ self-interest based on opportunism. In addition, regarding the effect of CSR on firms, previous studies have not reached a consensus. My study employs pay-performance sensitivity (PPS), which is a measure to find out whether a CEO is compensated appropriately based on how well s/he runs the company, to act as the proxy for compensation quality. Stronger PPS will better reduce the agency costs arising from information asymmetry in the principle-agent relation.
This study uses the KLD social ratings database as the source of CSR information. The results indicate that a firm’s CSR performance is negatively associated with the level of CEO compensation, while it is positively associated with the PPS of CEO compensation. Overall, the evidence in this study indicates that the implementation of CSR mitigates the conflict between shareholders and managers. | en |
| dc.description.provenance | Made available in DSpace on 2021-06-07T23:45:56Z (GMT). No. of bitstreams: 1 ntu-103-R01722033-1.pdf: 1258576 bytes, checksum: 4f4163cd7584c407432fe12dc35d6b57 (MD5) Previous issue date: 2014 | en |
| dc.description.tableofcontents | 謝辭 i
摘要 ii Abstract iii 1. Introduction 1 2. Literature Review 5 2.1 Corporate Social Responsibility 6 2.1.1 The nature of CSR 6 2.1.2 The measurement of CSR 8 2.1.3 Potential benefits of CSR 10 2.1.4 Symbolic/opportunistic use of CSR 13 2.2 Pay-Performance Sensitivity 15 2.2.1 PPS and the agency problem 15 2.2.2 Prior studies on PPS 17 3. Hypothesis Development 19 4. Research Design 22 4.1 Empirical Model 22 4.1.1 KLD social ratings database and CSR measure 24 4.2 Data and Sample Selection 27 4.3 Descriptive Statistics 27 5. Empirical Results 28 5.1 Effect of CSR Performance on CEO Cash Compensation 28 5.2 Effect of CSR Performance on CEO Equity Compensation 29 5.3 Effect of CSR Performance on CEO Total Compensation 31 6. Additional Test 32 7. Conclusion 33 References 34 Appendix A: Selected Prior Literature 43 Appendix B: Alternative Methods for Forming A CSR Measure with KLD Data 47 Appendix C: Variable Definitions 49 | |
| dc.language.iso | en | |
| dc.subject | 薪酬績效敏感度 | zh_TW |
| dc.subject | 企業社會責任 | zh_TW |
| dc.subject | 薪酬品質 | zh_TW |
| dc.subject | corporate social responsibility | en |
| dc.subject | pay-performance sensitivity | en |
| dc.subject | compensation quality | en |
| dc.title | 企業社會責任與薪酬品質 | zh_TW |
| dc.title | Corporate Social Responsibility and Compensation Quality | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 102-2 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 廖芝嫻,詹凌菁 | |
| dc.subject.keyword | 企業社會責任,薪酬品質,薪酬績效敏感度, | zh_TW |
| dc.subject.keyword | corporate social responsibility,compensation quality,pay-performance sensitivity, | en |
| dc.relation.page | 56 | |
| dc.rights.note | 未授權 | |
| dc.date.accepted | 2014-06-24 | |
| dc.contributor.author-college | 管理學院 | zh_TW |
| dc.contributor.author-dept | 會計學研究所 | zh_TW |
| 顯示於系所單位： | 會計學系 | |
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