The Relationship between Corporate Social Responsibility, Corporate Governance and Firm's Value:The Empirical Evidence of the Firms in Excellence in CSR

碩士 === 國立屏東大學 === 財務金融學系碩士班 === 103 === With the development of market globalization, Companies seek more profits, but usually accompanies environmental disruption, scam problems and so forth, so that corporate social responsibility is to become increasingly important on the it. This study examines...

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Bibliographic Details
Main Authors: Huang, Hsiu-Ting, 黃琇婷
Other Authors: Chiu, Ping-Chien
Format: Others
Language:zh-TW
Published: 2015
Online Access:http://ndltd.ncl.edu.tw/handle/aj5fsn
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Summary:碩士 === 國立屏東大學 === 財務金融學系碩士班 === 103 === With the development of market globalization, Companies seek more profits, but usually accompanies environmental disruption, scam problems and so forth, so that corporate social responsibility is to become increasingly important on the it. This study examines the relationship between corporate social responsibility, corporate governance and firm's value. In the sample of listed companies in“Excellence in Corporate Social Responsibility”over the period from 2007 to 2013. The empirical results indicate that the ratio of independent director have positive relationship between corporate commitment score and social engagement score. Large shareholder holding ratios have positive effects on enhancing corporate commitment, it also find board size, CEO duality and directors' remuneration have positive relationship with environmental protection. In addition, ratio of independent director, directors' remuneration and institutional holding ratios have positive relationship on firm's value, whereas board size negative relationship it. We also find out that the corporate social responsibility and corporate governance can improve firm value.