The Linkage between Board Strucutre and Firm's Engagement in Corporate Social Responsibility

• Main Authors: Chen,Cheng-Lung, 陳政隆
• Other Authors: Chang, Yuan
• Format: Others
• Language: zh-TW
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/20917135358776942485

碩士 === 國立彰化師範大學 === 財務金融技術學系 === 104 === This thesis examines the linkage between board structure (including board scale and board independence) and firm’s engagement in Corporate Social Responsibility (CSR), and it is based on data of listed companies of Taiwan Stock Exchange (TWSE) over the period of 2009~2013. While CSR has already been a hot topic and academic research focus, the number of studies aiming at examining the determinants for CSR engagement is relative rare. This thesis examines how board structure affects firm’s engaging in CSR through board functioning efficiency that is potentially affected by board scale and board independence. Board scale is measured by the total number of board member. Board independence is proxied by the dummy of hiring independent director, number of independent director and ratio of independent director. According to existing studies, CSR engagement is measured by CSR dummy variable and respondent’s reply on CSR questionnaire. The empirical finding shows that smaller board scale and greater board independence is associated with superior performance on CSR, which support the view that smaller board scale and greater board independence enhances board efficiency and corporate performance which in turns improves the firm’s performance on corporate social responsibility.