The Research on the effects of Corporate Governance and Corporate Social Responsibility on Company Performance and Idiosyncratic Risk in Taiwan companies from the computer and peripheral equipment industry

• Main Authors: Lo, Shih-Yueh, 駱奭嶽
• Other Authors: Wang, Shen
• Format: Others
• Language: zh-TW
• Published: 2017
• Online Access: http://ndltd.ncl.edu.tw/handle/2hbqdq

碩士 === 銘傳大學 === 財務金融學系碩士在職專班 === 105 === The past literatures pointed out that the sound corporate governance mechanisms and the devoting in corporate society responsibility would have the significantly influences toward the companies’ performances and their idiosyncratic risks. This thesis applies the data of stock-listed companies from the computer and peripheral equipment industry in Taiwan in 2015 for empirical research. The main findings are as follows: 1. The scale of board of directors, the component stocks of the Corporate Social Responsibility Index and companies’ Tobin's Q Ratios would have the positive effects to the companies’ performances. These results imply that when the company can be well supervised by the board of directors, devotes itself to conservation or other society responsibility activities, the company performances would be promoted. 2. When a company belongs to the component stocks of the Corporate Social Responsibility Index, the idiosyncratic risk can also be decreased significantly in terms of statistics. This means when a company devotes its attention to corporate social responsibility, the idiosyncratic risk would be controlled when any possible negative event happens to it.