Loading...
|
Please use this identifier to cite or link to this item:
https://nccur.lib.nccu.edu.tw/handle/140.119/120229
|
| Title: | 上市櫃公司發行與認證企業社會責任報告書之研究
A Study on the Issuance and Assurance of Taiwanese Listed Companies’ CSR Reports |
| Authors: | 李美雀
Lee, Mei-Chueh |
| Contributors: | 陳明進
李美雀
Lee, Mei-Chueh |
| Keywords: | 企業社會責任
確信
體制影響
Corporate social responsibility (CSR)
Assurance
Institutional effect |
| Date: | 2018 |
| Issue Date: | 2018-10-01 12:05:51 (UTC+8) |
| Abstract: | 本論文以企業社會責任資訊揭露的相關理論，探討影響我國上市櫃公司發行與認證企業社會責任報告書決策之因素。我國於2014年規範上市櫃公司股本達新臺幣一百億元以上公司及化學工業、金融保險業公司應發行企業社會責任報告書，以及食品工業與餐飲收入占營收50%以上之公司須發行並取得會計師確信之企業社會責任報告書。本文研究此一規範對我國上市櫃公司自願發行與自願認證社會責任報告書之影響。本文以邏輯斯迴歸分析的結果顯示：(1)不論在規範前或規範後，獲得社會責任獎項公司，都較可能自願發行與自願認證社會責任報告書；而負面社會責任資訊報導次數較多的公司，則在規範後才有較高的機率自願發行與自願認證社會責任報告書。(2)全球供應鏈的電子產業公司，在規範前，相較其他產業，有較高的可能會自願發行社會責任報告書；規範後，自願發行的可能性則未相對較高。(3)上市櫃公司在規範後比規範前有較高的機率會自願發行與自願認證社會責任報告書。(4)在規範後，相對被強制發行公司，自願發行公司較可能自願認證其報告書，但二者在揭露全面性及高階保證的選擇則無顯著差異。綜合本文研究結果提供我國企業自願發行與自願認證報告書之實證證據。本文的結果顯示，體制的規範可引起社會大眾關注社會責任議題，提升公司社會責任報告書的發行與認證，支持政府在體制上強化對公司社會責任報告揭露之規範。
Adopting a meta-theoretical approach that encompasses most theoretical perspectives on corporate social responsibility (CSR ) reporting decisions, this study examines the factors associated with the voluntary issuance and assurance of Taiwanese listed companies’ CRS reporting decision. In 2014, Taiwan government required large companies, banking and insurance business, and companies in the chemistry industry to issue CSR reports; meanwhile, companies in the food industry and companies with over 50% of the revenue derived from food and beverage should issue CSR reports with CPA assurance opinion. This study investigates the effects of the regulatory change on the decisions of Taiwanese listed companies to voluntarily issue CSR reports and voluntarily have their reports assured. The results of this study show that: (1) the companies that have won the CSR awards are more likely to voluntarily issue CSR reports and voluntarily have their CSR reports assured, and the companies that have more negative news on CSR events become more likely to voluntarily issue CSR reports and voluntarily have their CSR reports assured after the regulatory change; (2) the electronics companies in the global supply chain industry have a higher probability of voluntary issuance of CSR reports than other industries before the regulatory change; however, the higher probability becomes insignificant after the regulatory change; (3) the likelihood of companies’ voluntary CSR reports issuance and the likelihood of companies’ voluntary CSR reports assurance have increased after the regulatory change; (4) after the regulatory change, companies that voluntarily issuing CSR reports are alse more likely to voluntarily have their CSR reports assured than their counterparts that are mandated to issue CSR reports. However, the comprehensiveness and assurance levels of CSR reports are not significantly different between the two groups of companies. The results of this study provide empirical evidence on the determinants of the issuance and assurance of Taiwanese companies’ CRS reports. The results suggest that institutional regulations awake the public awareness of CSR issues which, consequently, enhance companies’ willingness to voluntarily disclose their reports and have their CSR reports assured. Our findings support government to enact regulations to promote the CSR disclosures. |
| Reference: | 一、中文部分
吳幸蓁、廖蕙儀，2017，自願性揭露企業社會責任資訊之決定因素與其資訊後果，中山管理評論，第25卷第1期：13-62。
杜榮瑞、許文馨與鄧雨賢，2017，企業社會責任報告書之確信服務提供者、確信程度及產業專家與可信度之關聯：實驗研究，中華會計學刊，第12卷第S期：503-536。
陳彩稚、許永明與張智媛，2015，企業社會責任對於股東價值之風險管理效果，臺大管理論叢第26卷第1期：153-179
程心瑤，2011，公司治理與企業責任報告之揭露，會計評論，第52 期：35-76。
黃雪娟，2012，企業社會責任報告書之查證與品質分析，證券櫃檯雙月刊，第160期（2012年08月）：67-76。
黃瓊瑤、方世榮與陳育成，2012，家族控制與企業社會責任績效之關聯性，中山管理評論，第20卷第2期：673-711。
劉謹銓，2015，強化企業社會責任報告書的公信力，透過獨立公正的第三方查證(AA1000以及ISAE3000之比較) BSI電子報，第131期。（下載網址：https://www.bsigroup.com/LocalFiles/zh-tw/e-news/No131/AA1000_with_ISAE3000.pdf）
BSI英國標準協會台灣分公司，2008，AA1000保證標準(2008)。（下載網址：https://www.accountability.org/wp-content/uploads/2016/10/AA1000AS_chinese_trad.pdf）
二、英文部分
Abdel-khalik, A. R. 1993. Why do private companies demand an audit? a case for organizational loss of control. Journal of Accounting, Auditing & Finance 8(4): 31–52.
Ackers, B., and N. S. Eccles. 2015. Mandatory corporate social responsibility assurance practices: The case of king iii in South Africa. Accounting, Auditing & Accountability Journal 28(4): 515–550.
Aguinis, H., and A. Glavas. 2012. What we know and don’t know about corporate social responsibility: A review and research agenda. Journal of Management 38(4): 932–968.
Ball, R., S. P. Kothari, and A. Robin. 2000. The effects of institutional factors on properties of accounting earnings: International evidence. Journal of accounting and Economics 29: 1-51.
Ballou, B., R. J. Casey, J. H. Grenier, and D. L. Heitger. 2012. Exploring the strategic integration of sustainability initiatives: Opportunities for accounting research. Accounting Horizons 26 (2): 265–288.
Bebbington, J., Larrinaga, C., and J. M. Moneva. 2008. Corporate social reporting and reputation risk management. Accounting, Auditing and Accountability Journal 21(3): 337–361.
Birkey, R. N., Michelon, G., Patten, D. M., and J. Sankara. 2016. Does assurance on CSR reporting enhance environmental reputation? An examination in the U.S. context. Accounting Forum, 40(3), 143–152.
Boiral, O., and Y. Gendron. 2011. Sustainable development and certification practices: Lessons learned and prospects. Business Strategy and the Environment 20(5): 331–347.
Bolino, K., M. Kacmar, W. H. Turnley, and J. B. Gilstrap. 2008. A multi-LEVel review of impression management motives and behaviors. Journal of Management 34: 1080-1109.
Bowen, H. 1953. Social Responsibilities of the Businessman, 1st, New York: Harper.
Campbell, J. L. 2007. Why would corporations behave in socially responsible ways? An institutional theory of corporate social responsibility. The Academy of Management Review 32 (3): 946–967.
Carroll, A. 1979. A three-dimensional conceptual model of corporate performance. The Academy of Management Review 4(4): 497– 505.
Casey, R. J., and J. H. Grenier. 2015. Understanding and contributing to the enigma of corporate social responsibility (CSR) assurance in the United States. Auditing: A Journal of Practice & Theory 34(1): 97-130.
Chen, J., and R. Roberts. 2010. Towards a more coherent understanding of the organization–society relationship: A theoretical consideration for social and environmental accounting research. Journal of Business Ethics 97(4): 651–665.
Cheng, M., W. Green, and J. Ko. 2015. The impact of strategic relevance and assurance of sustainability indicators on investors’ decisions. Auditing: A Journal of Practice & Theory 34(1): 131–162.
Chiu, T. k., and Y. H. Wang. 2015. Determinants of social disclosure quality in taiwan: An application of stakeholder theory. Journal of Business Ethics 129(2): 379-398.
Cho, C. H., R. P. Guidry, A. M. Hageman, and D. M. Patten. 2012. Do actions speak louder than words? An empirical investigation of corporate environmental reputation. Accounting, Organizations and Society 37(1): 14–25.
Cho, C., R. Roberts, and D. Patten. 2010. The language of US corporate environmental disclosure. Accounting, Organizations and Society 35(4): 431–443.
Choi, J., and T. J. Wong. 2007. Auditors’ governance functions and legal environments: An international investigation. Contemporary Accounting Research 24(Spring): 13–46.
Cohen, J. R., and R. Simnett. 2015. CSR and assurance services: A research agenda. Auditing: A Journal of Practice & Theory 34(1): 59–74.
Cormier, D., M. Magnan , and B. V. Velthoven. 2005. Environmental disclosure quality in large German companies: Economic incentives, public pressure or institutional conditions? European Accounting Review 14(1): 3–39.
Darnall, N., I. Seol, and J. Sarkis. 2009. Perceived stakeholder influences and organizations’ use of environmental audits. Accounting, Organizations and Society 34: 170–187.
DeAngelo, L. 1981. Auditor size and audit quality. Journal of Accounting and Economics 3(3):183–199.
Deegan C. 2017. Twenty five years of social and environmental accounting research within Critical Perspectives of Accounting: hits, misses and ways forward. Critical Perspect Account 43: 65–87.
Deegan, C. 2002. The legitimizing effect of social and environmental disclosures: A theoretical foundation. Accounting, Auditing and Accountability Journal 15(3): 282–311.
Deegan, C., M. Rankin, and J. Tobin. 2002. An examination of the corporate social and environmental disclosures of BHP from 1983–1997: A test of legitimacy theory. Accounting, Auditing & Accountability Journal 15 (3): 312–343.
Dhaliwal, D. S, S..Radhakrishnan, Tsang, and Y. G. Yang. 2012. Nonfinancial disclosure and analyst forecast accuracy: International evidence on corporate social responsibility disclosure. The Accounting Review 87(3): 723-759.
Dhaliwal, D. S., O. Z. Li, A. Tsang, and Y. G. Yang. 2011. Voluntary nonfinancial disclosure and the cost of equity capital: The intuition of corporate social responsibility reporting. The Accounting Review 86: 59-100.
DiMaggio, P. J. and W. W. Powell. 1983. The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields. American Sociological Review 48: 147–160.
Dowling, J. and J. Pfeffer. 1975. Organizational legitimacy: social values and organizational behaviour. Pacific Sociological Review 18(1): 122-136.
Drumwright, M. 1994. Socially responsible organizational buying: Environmental concern as a noneconomic buying criterion. Journal of Marketing 58(3): 1–19.
El-Gazzar, S. M. 1998. Predisclosure information and institutional ownership: A cross- sectional examination of market revaluations during earnings announcement periods. The Accounting Review 73(1): 119-129.
Elsbach, K. D., R. I. Sutton, and K. E. Principe. 1998. Averting expected challenges through anticipatory impression management: A study of hospital billing. Organization Science 9: 68-86.
Farooq, M. B., and C. De Villiers. 2017. The market for sustainability assurance services: A comprehensive literature review and future avenues for research. Pacific Accounting Review 29(1): 79–106.
Ferns, B., Emelianova, O., and S. P. Sethi. 2008. In his own words: the effectiveness of CEO as spokesperson on CSR-sustainability issues--analysis of data from the Sethi CSR Monitor. Corporate Reputation Review 11(2): 116-129.
Freeman, R. 1984. Strategic Management: A Stakeholder Perspective. Englewood Cliffs, NJ: Prentice Hall.
Friedman, M. 1970. The Social Responsibility of Business is to Increase Its Profits. New York Yunes Magazine 3(13): 32-33.
Gardner, W. and M. Martinko. 1988. Impression management in organizations. Journal of Management 14(2): 321–38.
Global Reporting Initiative (GRI). 2011. GRI G3.1 Technical protocol.
Global Reporting Initiative (GRI). 2013. G4 Sustainability Reporting Guidelines. Available at: http:// www.globalreporting.org.
Gray, R. 2000. Current developments and trends in social and environmental auditing, reporting, and attestation: A review and comment. International Journal of Auditing 4: 247–268.
Gray, R. 2001. Thirty years of social accounting, reporting, and reporting: What (if anything) have we learned? Business Ethics: A European Review 10(1): 9–15.
Gray, R., R. Kouhy, and S. Lavers. 1995. Corporate social and environmental reporting: A review of the literature and longitudinal study of UK disclosure. Accounting, Auditing & Accountability Journal 8:47–77.
Gray, R.H. 1998. Imagination, a Bowl of Petunias and Social Accounting. Critical Perspectives on Accounting. 9(2): 205-216.
Griffin, P., and Sun, Y. 2013. Going green: Market reaction to CSRwire news releases. Journal of Accounting and Public Policy 32(2): 93– 113.
Haniffa, R. and Cooke, T. 2005. The impact of culture and governance on corporate social reporting. Journal of Accounting and Public Policy 24(5): 391–430.
Harjoto, Maretno, and Jo, Hoje. 2011. Corporate governance and CSR nexus. Journal of Business Ethics 100(1): 45–67.
Highhouse,Scott., M. E. Brooks, and G. Gregarus . 2009. An Organizational Impression Management Perspective on the Formation of Corporate Reputations. Journal of Managemen.35(6): 1481 - 1493.
Holder-Webb, L., J. Cohen, L. Nath, and D. Wood. 2009. The supply of corporate social responsibility disclosures among U.S. firms. Journal of Business Ethics 84(4):497–527.
Hopwood, A. 2009. Accounting and the environment. Accounting, Organizations and Society 34 (3-4): 433-439.
Huang, C., and F. Kung. 2010. Drivers of environmental disclosure and stakeholder expectation: Evidence from Taiwan. Journal of Business Ethics 96(3): 435–451.
Huang, X.B., and L.Watson. 2015. Corporate social responsibility research in accounting. Journal of Accounting Literature 34: 1–16.
Hummel, K., Schlick, C. and M. Fifka. 2017. The Role of Sustainability Performance and Accounting Assurors in Sustainability Assurance Engagements. Journal of Business Ethics.
International Federation of Accountants. International standard on assurance engagements (ISAE) 3000 revised: Assurance engagements other than audits or reviews of historical financial information.
Islam, M., and C. Deegan. 2010. Media pressure and corporate disclosure of social responsibility performance information: A study of two global clothing and sports retail companies. Accounting and Business Research 40(2): 131–148.
Joyner, B. E., and D. Payne. 2002. Evolution and implementation: A study of values, business ethics, and corporate social responsibility. Journal of Business Ethics 41 (4): 297–311.
Junior, R.M., Best, P.J. and J. Cotter. 2014. Sustainability reporting and assurance: A historical analysis on a world-wide phenomenon. Journal of Business Ethics 120(1): 1-11.
Kolk, A., and P. Perego. 2010. Determinants of the adoption of sustainability assurance statements: An international investigation. Business Strategy and the Environment 19: 182–198.
Kolstad, I. 2007. Why firms should not always maximize profits. Journal of Business Ethics 76: 137–145.
KPMG. 2005. KPMG International Survey of Corporate Sustainability Reporting 2005. Available at: https://commdev.org/userfiles/files/1274_file_D2.pdf
KPMG. 2008. KPMG International Survey of Corporate Sustainability Reporting 2008. Available at: http://s3.amazonaws.com/zanran_storage/www.kpmg.bg/ContentPages/45691987.pdf
KPMG. 2011. KPMG International Survey of Corporate Responsibility Reporting 2011. Available at: https://www.kpmg.de/docs/Survey-corporate-responsibility-reporting-2011.pdf
KPMG. 2013. KPMG International Survey of Corporate Sustainability Reporting 2013. Available at: https://assets.kpmg.com/content/dam/kpmg/pdf/2015/08/kpmg-survey-of-corporate-responsibility-reporting-2013.pdf
KPMG. 2015. KPMG International Survey of Corporate Sustainability Reporting 2015. Available at: https://home.kpmg.com/content/dam/kpmg/pdf/2015/12/KPMG-survey-of-CR-reporting-2015.pdf
KPMG. 2017. KPMG International Survey of Corporate Sustainability Reporting 2017. Available at: https://assets.kpmg.com/content/dam/kpmg/xx/pdf/2017/10/kpmg-survey-of-corporate-responsibility-reporting-2017.pdf
La Porta, R., Lopez-de-Silanes, F., and Shleifer, A., 1999. Corporate Ownership around the World. Journal of Finance 54(2): 471-517.
Lyon, T. P., and J. W. Maxwell. 2011. Greenwash: Corporate environmental disclosure under threat of audit. Journal of Economics and Management Strategy 20 (1): 3–41.
Manetti, G., and L. Becatti. 2009. Assurance services for sustainability reports: Standards and empirical evidence. Journal of Business Ethics 87(1): 289-298.
Manetti, G., and S. Toccafondi. 2012. The role of stakeholders in sustainability reporting assurance. Journal of Business Ethics 107(3): 363-377.
Martínez-Ferrero, J. and I. M.García-Sánchez. 2018. The level of sustainability assurance: The effects of brand reputation and industry specialisation of assurance providers. Journal of Business Ethics 150(4): 971-990.
Matten, D., and J. Moon. 2008. ‘Implicit’ and ‘explicit’ CSR: A conceptual framework for a comparative understanding of corporate social responsibility. Academy of Management Review 33(2): 404–424.
McWilliams, A., and D. Siegel. 2001. Corporate social responsibility: A theory of the firm perspective. Academy of Management Review 26 (1): 117–127.
Merkl-Davies, D. M., and N. Brennan. 2007. Discretionary disclosure strategies in corporate narratives: Incremental information or impression management? Journal of Accounting Literature 26: 116–194.
Meyer, J. W., and B. Rowan. 1977. Institutionalized organizations: formal structure as myth and ceremony. American Journal of Sociology: 340–363.
Mitchell, R., Agle, B., and D. Wood. 1997. Toward a theory of stakeholder identification and salience: Defining the principle of who and what really counts. Academy of Management Review 22(4): 853–886.
Mohamed, A. A., Gardner,W. L., and J. G. P. Paolillo. 1999. A taxonomy of organizational impression management tactics. Advances in Competitiveness Research 7: 108-130.
Neu, D., Warsame, H., and K. Pedwell. 1998. Managing public impressions: Environmental disclosures in annual reports. Accounting, Organizations and Society 23(3): 265–282.
O’Dwyer, B. 2011. The case of sustainability assurance: Constructing a new assurance service. Contemporary Accounting Review 28 (4): 1230-1266.
O’Dwyer, B. and D. Owen. 2005. Assurance report practice in environmental, social and sustainability reporting: perspectives of stakeholders in Ireland. The British Accounting Review 37(2): 205-229.
O’Dwyer, B. and D. Owen. 2007. Seeking stakeholder-centric sustainability assurance: An examination of recent sustainability assurance practice. Journal of Corporate Citizenship 25: 77–94.
O’Dwyer, B., Owen, D., and J. Unerman. 2011. Seeking legitimacy for new assurance forms: The case of assurance on sustainability reporting. Accounting, Organizations and Society 36: 31–52.
Patten, D. M. 1991. Exposure, legitimacy, and social disclosure. Journal of Accounting and Public Policy 10: 297–308.
Patten, D.M.and N. Zhao, 2014. CSR reporting by U.S. retail companies. Accounting Forum 38(2): 132-144.
Perego, P., and A. Kolk. 2012. Multinationals’ accountability on sustainability: The evolution of third-party assurance of sustainability reports. Journal of Business Ethics 110(2): 173-190.
Peters, G., and A. Romi. 2015. The association between sustainability governance characteristics and the assurance of corporate sustainability reports. Auditing: A Journal of Practice & Theory 34(1): 163–198.
Pflugrath, G., Roebuck, P. J., and R. Simnett. 2011. Impact of assurance and assurer’s professional affiliation on financial analysts? Assessment of credibility of corporate social responsibility information. Auditing: A Journal of Practice & Theory 30(3): 32–43.
Roberts, R. W. 1992. Determinants of corporate social responsibility disclosure. Accounting, Organizations and Society 17 (6): 595–612.
Roberts, S. 2003. Supply chain specific? Understanding the patchy success of ethical sourcing initiatives. Journal of Business Ethics 44(2-3): 159–170.
Ruhnke, K., and A. Gabriel. 2013. Determinants of voluntary assurance on sustainability reports: an empirical analysis. Journal of Business Economic 83 1063–1091.
Sawani, Y., Zain, M. M., and F. Darus. 2010. Preliminary insights on sustainability reporting and assurance practices in Malaysia. Social Responsibility Journal 6(4): 627-645.
Scott, R. W. 1995. Institutions and organizations. Thousand Oaks, CA: Sage.
Sethi, S.P., Martell, T. F., and Demir, M. 2017. Enhancing the role and effectiveness of corporate social responsibility (CSR) reports: The missing element of content verification and integrity assurance. Journal of Business Ethics 144(1): 59–82.
Shleifer, A. and R. W. Vishny. 1997. A survey of corporate governance. Journal of Finance 52(2): 737-783.
Simnett, R., Nugent, M., and A. Huggins. 2009. Developing an international assurance standard on greenhouse gas statements. Accounting Horizons 23 (4): 347–364.
Smith, J., Adhikari, A., and R. Tondkar. 2005. Exploring differences in social disclosures internationally: A stakeholder perspective. Journal of Accounting and Public Policy 24 (March/April): 123–151.
Smith, J., Haniffa, R., and J. Fairbrass. 2011. A conceptual framework for investigating ‘capture’ in corporate sustainability reporting assurance. Journal of Business Ethics 99 (3): 425–439.
Suchman, M. C. 1995. Managing legitimacy: Strategic and institutional approaches. The Academy of Management Review 20 (3): 571–610.
Suchman, S., Y., M. M. Zain, and F. Darus. 2010. Preliminary insights on sustainability reporting and assurance practices in Malaysia. Social Responsibility Journal 6(4): 627-645.
Tenbrunsel, A. E., K. A. Wade-Benzoni, D. M. Messick, and M. H. Bazerman. 2000. Understanding the influence of environmental standards on judgments and choices. Academy of Management Journal 43: 854-866.
Thorne, L., Mahoney, S., and G. Manetti. 2014. Motivations for issuing standalone CSR reports: a survey of Canadian firms. Accounting, Auditing & Accountability Journal 27(4): 686-714.
Ullmann, A. A. 1985. Data in search of a theory: A critical examination of the relationship among social performance, social disclosure, and economic performance of U.S. Firms. Academy of Management Review 10(3): 540–557.
Unerman, J. 2008. Strategic reputation risk management and corporate social responsibility reporting. Accounting, Auditing and Accountability Journal 21(3): 362–364.
Van der Laan Smith, J., Adhikari, A., and R. H. Tondkar. 2005. Exploring differences in social disclosures internationally: A stakeholder perspective. Journal of Accounting and Public Policy 24(2): 123–151.
Waddock, S. 2008. Building a new institutional infrastructure for corporate responsibility. Academy of Management Perspectives 22(3): 87–108.
Watts, R. L., and J. L. Zimmerman. 1986. Positive Accounting Theory. Englewood Cliffs, NJ: Prentice Hall.
Wiseman, J. 1982. An Evaluation of Environmental Disclosures Made in Corporate Annual Reports. Accounting, Organizations and Society 7(1): 53–63.
三、網站資料
天下企業公民網站，網址：http://topic.cw.com.tw/csr/
台灣企業永續獎網站，網址：TCSA https://tcsaward.org.tw/tw/main/index
遠見雜誌企業社會責任網站，網址：https://www.gvm.com.tw/CSR/http://thchou.blogspot.tw/2007/11/blog-post_9436.html |
| Description: | 博士
國立政治大學
會計學系
98353502 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0098353502 |
| Data Type: | thesis |
| DOI: | 10.6814/DIS.NCCU.ACCT.049.2018.F07 |
| Appears in Collections: | [Department of Accounting] Theses
|
Files in This Item:
There are no files associated with this item.
|
All items in 政大典藏 are protected by copyright, with all rights reserved.
|
