台灣上市櫃公司股權結構與企業永續性之關聯性：並論產業與國際化之調節效果
學年 103
學期 1
出版（發表）日期 2014-11-01
作品名稱 台灣上市櫃公司股權結構與企業永續性之關聯性：並論產業與國際化之調節效果
作品名稱（其他語言） The Relationship Between Ownership Structure and Corporate Sustainability: The Moderating Effect of Industry and Internationalization
著者 徐志順; 華浤安
單位 淡江大學會計學系
出版者 新北市：淡江大學會計教育基金會
著錄名稱、卷期、頁數 當代會計=Journal of Contemporary Accounting 15(2)，頁193-223
摘要 本研究之目的在探討企業股權結構與企業永續性之關聯性，以及產業與國際化對此關聯性的調節效果。以2013年道瓊永續指數提名之台灣上市櫃企業為永續性企業，並進行樣本配對，共蒐集456筆資料，採用Logit迴歸分析方法檢定研究假說。研究結果指出外資股權、信託基金股權與企業永續性有正向關聯性，政府股權、散戶股權、董事股權與經理人股權則有負向關聯性，產業及國際化則對部分股權結構與企業永續性具有調節效果。本研究除了補充目前台灣企業永續性相關文獻外，亦對台灣實務界與政府主管機關在制定其投資決策時，提供參考價值。 This study aims to examine the relationship between ownership structure and corporate sustainability, and the moderating effect that industry and internationalization has on such relationship. Our sample, totaling 456 observations from 2010 and 2012, consisted of Taiwan listed sustainable companies that were DJSI nominated for year 2013, paired with non-sustainable listed companies in Taiwan. Using Logit regression model to test our research hypotheses, we found that the foreign ownership and the trust funds are positive associated with corporate sustainability, while the ownerships held by the government, individuals, directors and managers are negatively correlated to corporate sustainability. Furthermore, we found that industry and internationalization have a moderating effect on the relationships between certain types of ownerships and corporate sustainability. Besides supplementing current literature on Taiwan corporate sustainability, this study can serve as useful reference for Taiwan practitioners and government authorities in formulating their investment decisions.
關鍵字 股權結構;企業永續性;產業;國際化;ownership structure;corporate sustainability;industry;internationalization
語言 zh_TW
ISSN 1609-3895
期刊性質 國內
收錄於 NotTSSCI Airiti Library Taiwan
產學合作
通訊作者
審稿制度 是
國別 TWN
公開徵稿
出版型式 ,電子版,紙本
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/103049 )

機構典藏連結
SDGS 優質教育,尊嚴就業與經濟發展,和平正義與有力的制度,夥伴關係