| Summary: | 博士 === 國立中興大學 === 應用數學系所 === 100 === Corporate social responsibility (CSR) is emerging as an important issue in global developments. Given their important role in the global supply chains, Taiwanese enterprises must keep up with the trend and stay connected with the world. Companies that want to grow up that need a socially responsible behavior and some explicitly proposed tougher rules on disclosure and reporting. This study brings up a brand new concept, which used Tobin’s Q Ratio to test the Corporate Social Performance (CSP) metrics and elaborates the relationships between Tobin’s Q and the Corporate Social Performance in the perspective of stakeholder theory. The purposes of this study are to test the stakeholder theory has an influence on the ratio of Tobin’s Q, and then interpret it with the hypotheses of the corporate social performances metrics. The research suggested positive correlations between the returns on equity and Tobin’s Q, as well as donations, environmental expenses and the other corporate social performances metrics. Thus, this study helped the managers to gain an understanding on the current status and future development of CSR policies in Taiwan. We also attempt to construct a measurement model of corporate social performance by using the companies in Taiwan as samples. The results indicate that the Ordinal regression model taking Taiwan Corporate Credit Risk Index (TCRI) as a dependent variable for corporate governance (CG) is significantly positive correlated to corporate social performance. In addition, Binary regression model by taking Tobin''s Q as a dependent variable for Intellectual Capital (IC) is significantly positive correlated to corporate social performance in this study. This novel idea brings up combining intellectual capital with the results of corporate social responsibilities among business in the way of creation; meanwhile, the relation between the concept and corporate governance is discussed in the content.
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