The Association between Assurance of Corporate Social Responsibility Reports and Firm Operating Performance

• Main Authors: LEE, YUN-TING, 李昀庭
• Other Authors: KUO, LI-CHUN
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/hu8cyb

碩士 === 國立臺北大學 === 會計學系 === 106 === 　　This thesis describes the association between assurance of corporate social responsibility reports and firm financial performance. Specifically, I consider the impact of assurance services and different assurance levels for CSR report on firm operating performance. In addition, I examine the effect of dual assurance performed by both accounting firms and other professional consultants. Using a sample of listed companies in Taiwan that issued CSR reports between 2016-2017, I use two-stage least square regression to control for potential self-selection bias. The results of my empirical tests indicate that the relationship among assurance of CSR reports and firm financial performance is not significant. Neither do I find evidence to support a significant effect from the level of assurance. However, I find that firms which seek dual assurance for CSR report have better corporate financial performance. In other words, when CSR reports are with dual assurance by both accounting firm and other professional consultant, companies have better operating performance.