The Association between Corporate Social Responsibility Report and Accounting Conservatism
碩士 === 東吳大學 === 會計學系 === 106 === This study examines how the socially responsible firms behave differently from other firms according to their financial statements. Specifically, this study questions the firms that voluntarily issued the corporate social responsibility (CSR) report, as these firms a...
| Main Authors: | , |
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2018
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| Online Access: | http://ndltd.ncl.edu.tw/handle/7g63pb |
| Summary: | 碩士 === 東吳大學 === 會計學系 === 106 === This study examines how the socially responsible firms behave differently from other firms according to their financial statements. Specifically, this study questions the firms that voluntarily issued the corporate social responsibility (CSR) report, as these firms also have a higher degree of accounting conservatism, thereby they delivered more transparent and reliable financial information to the investors. The empirical tests generally support our hypothesis that the firms who voluntarily issued the CSR reports have higher accounting conservatism. And the evidence to support this hypothesis is stronger for enterprises who voluntarily issued the CSR reports before the government-mandated CSR policy released. Therefore, it is expected that the CSR reports play a substitute role in reducing information asymmetry. Furthermore, this study investigates how government-mandated CSR reports engender conservative financial reporting in Taiwan. Empirical evidence indicates that the government-mandated CSR policy may not be sufficient to induce conservative financial reporting. This study also evaluates the relationship between the proportion of economic issues in CSR reports and accounting conservatism. The empirical tests verify that the firms who concerned on economic issues are more likely to have a higher degree of accounting conservatism. This study suggests that ethical issues are likely to drive the managers to produce high-quality financial reports.
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