| 參考文獻: | 包沂靄、張淑清、吳冠勳、鄭淩淇、張慧珊（2024）。碳排放量、企業社會責任與公司治理對公司價值之影響。Journal of Data Analysis，19(1)，15-49。
吳幸蓁與廖蕙儀，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。
林宛瑩、汪瑞芝與游順合 (2012)。研發支出、內部董事與經營績效。會計審計論叢，2(1)，61-90。
張育琳，2019，節能減碳，企業綠色環境管理策略與公司績效之關連性，中山管 理評論，第27卷，第2期：279-326。
張雅淇、王雅琦（2023）。董事會特質、企業風險管理與券商分析師盈餘預測準確度之關聯性。中山管理評論，31(3)，481-543。
許永明（2021）。從學術文獻探討CSR作為企業策略性運用工具：過去、現在與未來。管理學報，38(4)，477-495。
彭郁潔、朱文儀、黃子軒（2024）。董事會獨立性、董事忙碌程度與公司績效之關係。中山管理評論，(印製中)，i+1-31。
蔡裕明、張璟升、張芷瑜、林承宏、洪婉瑜（2024）。探究高污染行業中企業社會責任實踐之經濟影響：從ESG績效到公司價值。管理資訊計算，13(2)，141-155。
蔡裕明、黃觀松、周文琪（2024）。綠色會計對臺灣上市公司碳排放與財務績效影響之研究。管理資訊計算，13()，30-43。
謝安軒、林宛瑩、鄭桂蕙 (2023)。環境社會治理績效與銀行借款條件。
Alareeni, B. A., & Hamdan, A. (2020). ESG impact on performance of US S&P 500-listed firms. Corporate Governance: The International Journal of Business in Society, 20(7), 1409-1428.
Aragón-Correa, J. A. (1998). Strategic proactivity and firm approach to the natural environment. Academy of management Journal, 41(5), 556-567.
Benlemlih, M., & Bitar, M. (2018). Corporate social responsibility and investment efficiency. Journal of business ethics, 148, 647-671.
Bolton, P., & Kacperczyk, M. (2021). Do investors care about carbon risk? Journal of financial economics, 142(2), 517-549.
Capozza, D. R., & Seguin, P. J. (2003). Inside ownership, risk sharing and Tobin's q‐ratios: Evidence from REITs. Real Estate Economics, 31(3), 367-404.
Chung, K. H., & Pruitt, S. W. (1994). A simple approximation of Tobin's q. Financial management, 70-74.
Clark, G. L., & Viehs, M. (2014). The implications of corporate social responsibility for investors: An overview and evaluation of the existing CSR literature. Available at SSRN 2481877.
Clark, G. L., Feiner, A., & Viehs, M. (2015). From the stockholder to the stakeholder: How sustainability can drive financial outperformance.
Coad, A. (2009). The Growth of firms: A survey of theories and empirical evidence. Edward Elgar.
Dalton, D. R., Daily, C. M., Ellstrand, A. E., & Johnson, J. L. (1998). Meta-Analytic Reviews of Board Composition, Leadership Structure, and Financial Performance. Strategic Management Journal, 19(3), 269–290.
Davidsson, P., Steffens, P., & Fitzsimmons, J. (2009). Growing profitable or growing from profits: putting the horse in front of the cart? Journal of business venturing, 24(4), 388-406.
Delmar, F., Davidsson, P., & Gartner, W. B. (2003). Arriving at the high-Growth firm. Journal of business venturing, 18(2), 189-216.
Dhaliwal, D. S., Radhakrishnan, S., Tsang, A., & Yang, Y. G. (2012). Nonfinancial disclosure and analyst forecast accuracy: International evidence on corporate social responsibility disclosure. The accounting review, 87(3), 723-759.
Dittmar, A., & Mahrt-Smith, J. (2007). Corporate governance and the value of cash holdings. Journal of financial economics, 83(3), 599-634.
Duchin, R., Matsusaka, J. G., & Ozbas, O. (2010). When are outside directors effective? Journal of financial economics, 96(2), 195-214.
Duque-Grisales, E., and J. Aguilera-Caracuel. 2021. Environmental, social and governance (ESG) scores and financial performance of multilatinas: Moderating effects of geographic international diversification and financial slack. Journal of Business Ethics 168 (2):315-334.
Eccles, R. G., & Serafeim, G. (2017). Corporate and integrated reporting: A functional perspective. In Corporate stewardship (pp. 156-171). Routledge.
Eccles, R. G., Ioannou, I., & Serafeim, G. (2014). The impact of corporate sustainability on organizational processes and performance. Management Science, 60(11), 2835-2857.
Fama, E. F., & French, K. R. (1992). The cross‐section of expected stock returns. the Journal of Finance, 47(2), 427-465.
Fatemi, A. M., Fooladi, L. J. & Tehranian, H. (2015). Valuation effects of corporate social responsibility. Journal of Banking and Finance, 59, 182-192.
Fatemi, A., Glaum, M., & Kaiser, S. (2018). ESG performance and firm value: The moderating role of disclosure. Global finance journal, 38, 45-64.
Faulkender, M., & Wang, R. (2006). Corporate financial policy and the value of cash. The journal of finance, 61(4), 1957-1990.
Friede, G., Busch, T., & Bassen, A. (2015). ESG and financial performance: aggregated evidence from more than 2000 empirical studies. Journal of sustainable finance & investment, 5(4), 210-233.
Garvey, G. T., Iyer, M., and Nash, J. (2018). Carbon footprint and productivity: does the “E” in ESG capture efficiency as well as environment. Journal of Investment Management, 16(1): 59-69.
Ghani, R. A., Samah, A. R. A., Baharuddin, N. S., & Ahmad, Z. (2023). Determinants of firm value as measured by the Tobin’s Q: a case of Malaysian plantation sector. Int J Acad Res Account Finance Manag Sci, 13(2), 420-432.
Ghoul, S. E., Guedhami, O., & Kim, Y. (2017). Country-level institutions, firm value, and the role of corporate social responsibility initiatives. Journal of International Business Studies, 48, 360-385.
Giese, G., Lee, L. E., Melas, D., Nagy, Z., & Nishikawa, L. (2019). Foundations of ESG investing: How ESG affects equity valuation, risk, and performance. Journal of portfolio management, 45(5), 69-83.
Greening, D. W., & Turban, D. B. (2000). Corporate social performance as a competitive advantage in attracting a quality workforce. Business & society, 39(3), 254-280.
Griffin, J. J., & Mahon, J. F. (1997). The Corporate Social Performance and Corporate Financial Performance Debate: Twenty-Five Years of Incomparable Research. Business & Society, 36(1), 5-31.
Griffin, P. A., Lont, D. H., & Sun, E. Y. (2017). The relevance to investors of greenhouse gas emission disclosures. Contemporary Accounting Research, 34(2), 1265-1297.
Hardiyansah, M., Agustini, A. T., & Purnamawati, I. (2021). The effect of carbon emission disclosure on firm value: environmental performance and industrial type. The Journal of Asian Finance, Economics and Business, 8(1), 123-133.
Hart, S. L. (1995). A natural-resource-based view of the firm. Academy of management review, 20(4), 986-1014.
Hayashi, F. (1982). Tobin's marginal q and average q: A neoclassical interpretation. Econometrica: Journal of the Econometric Society, 213-224.
Hermundsdottir, F., & Aspelund, A. (2021). Sustainability innovations and firm competitiveness: A review. Journal of Cleaner Production, 280, 124715.
Javed, M., Rashid, M. A., Hussain, G., & Ali, H. Y. (2020). The effects of corporate social responsibility on corporate reputation and firm financial performance: Moderating role of responsible leadership. Corporate Social Responsibility and Environmental Management, 27(3), 1395-1409.
Jensen, M. C. (1986). Agency costs of free cash flow, corporate finance, and takeovers. The American economic review, 76(2), 323-329.
Jo, H., and M. A. Harjoto. 2011. Corporate Governance and Firm Value: The Impact of Corporate Social Responsibility. Journal of Business Ethics 103 (3):351-383.
Junius, D., Adisurjo, A., Rijanto, Y. A., & Adelina, Y. E. (2020). The impact of ESG performance to firm performance and market value. Jurnal Aplikasi Akuntansi, 5(1), 21-41.
Kao, E. H., Yeh, C. C., Wang, L. H., & Fung, H. G. (2018). The relationship between CSR and performance: Evidence in China. Pacific-Basin Finance Journal, 51, 155-170.
Kotsantonis, S., C. Pinney, and G. Serafeim. 2016. ESG Integration in Investment Management: Myths and Realities. Journal of Applied Corporate Finance 28 (2):10-16.
Lang, L. H., Stulz, R., & Walkling, R. A. (1991). A test of the free cash flow hypothesis: The case of bidder returns. Journal of financial economics, 29(2), 315-335.
Lindenberg, E. B., & Ross, S. A. (1981). Tobin's q Ratio and Industrial Organization. The Journal of Business, 54(1), 1-32.
Loderer, C. F., & Waelchli, U. (2010). Firm Age and performance. Available at SSRN 1342248.
Loew, T., Ankele, K., Braun, S., & Clausen, J. (2004). Significance of the CSR debate for sustainability and the requirements for companies. Institut for Ecological Economy Research GmbH (IÖW), 1-16.
Luo, X., & Bhattacharya, C. B. (2006). Corporate social responsibility, customer satisfaction, and market value. Journal of Marketing, 70(4), 1-18.
Majumdar, S. K. (1997). The impact of Size and Age on firm-Level performance: some evidence from India. Review of Industrial organization, 12, 231-241.
Mak, Y. T., & Kusnadi, Y. (2005). Size really matters: Further evidence on the negative relationship between board size and firm value. Pacific-Basin finance journal, 13(3), 301-318.
Margolis, J. D., Elfenbein, H. A., & Walsh, J. P. (2009). Does it pay to be good...and does it matter? A meta-analysis of the relationship between corporate social and financial performance.
Matsumura, E. M., Prakash, R., & Vera-Muñoz, S. C. (2014). Firm-value effects of carbon emissions and carbon disclosures. The accounting review, 89(2), 695-724.
Miah, M. D., Hasan, R., & Usman, M. (2021). Carbon emissions and firm performance: evidence from financial and non-financial firms from selected emerging economies. Sustainability, 13(23), 13281.
Opler, T. C., & Titman, S. (1994). Financial distress and corporate performance. The Journal of finance, 49(3), 1015-1040.
Orlitzky, M., Schmidt, F. L., & Rynes, S. L. (2003). Corporate social and financial performance: A meta-analysis. Organization studies, 24(3), 403-441.
Perfect, S. B., & Wiles, K. W. (1994). Alternative constructions of Tobin's q: An empirical comparison. Journal of Empirical Finance, 1(3-4), 313-341.
Saka, C., & Oshika, T. (2014). Disclosure effects, carbon emissions and corporate value. Sustainability Accounting, Management and Policy Journal, 5(1), 22-45.
Shaikh, I. (2022). Environmental, social, and governance (ESG) practice and firm performance: an international evidence. Journal of Business Economics and Management, 23(1), 218–237.
Verheyden, T., Eccles, R. G., & Feiner, A. (2016). ESG for all? The impact of ESG screening on return, risk, and diversification. Journal of Applied Corporate Finance, 28(2), 47-55.
Wang, B., and M. Yang. 2022. A study on the mechanism of ESG performance on corporate value—Empirical evidence from A-share listed companies in China. Soft Sci 36 (6):78-84.
Xie, J., Nozawa, W., Yagi, M., Fujii, H., & Managi, S. (2019). Do environmental, social, and governance activities improve corporate financial performance? Business Strategy and the Environment, 28(2), 286-300.
Yoon, B., Lee, J. H., & Byun, R. (2018). Does ESG performance enhance firm value? Evidence from Korea. Sustainability, 10(10), 3635.
Yu, X., & Xiao, K. (2022). Does ESG Performance Affect Firm Value? Evidence from a New ESG-Scoring Approach for Chinese Enterprises. Sustainability, 14(24), 16940. |
