| Summary: | 碩士 === 東吳大學 === 會計學系 === 103 === With the development of the social environment and the consumer awareness, corporate social responsibility (CSR) has become a hot topic all around the world, and thus more and more companies select to disclose their CSR performance through CSR reports. At the same time, public pay more attention to the quality and quantity of these CSR reports. So that the companies will pay particular attention to the completeness and faithfulness of the contents, and will hire a third party verification agency to assurance the contents of the CSR reports. Therefore, this study explores the information consequences of CSR reports and assurance from different perspectives. Specifically, we examines the association between CSR reports and earnings management (corporate view), firm value(shareholder view) and audit fee (auditor view)separately. We use a sample of Chinese A-share listed firms and the empirical results show that the companies preparing CSR reports have better earning quality (less earnings management) and higher corporate value. Besides, we also find that the companies which pay higher audit fee usually select to prepare CSR reports and verification statements. However, this study cannot confirm the argument that assurance could improve the creditability of CSR reports.
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