The Impact of Corporate Social Responsibility Involvement on Operating Performance - The Case of the Computer and Peripheral Equipment Manufacturing Industry

• Main Authors: JIN, LIN, 金麟
• Other Authors: HSIAO, WEN-CHENG
• Format: Others
• Language: zh-TW
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/zmr37u

碩士 === 銘傳大學 === 企業管理學系 === 107 === In recent years, the global society has increasingly paid attention to the concept of sustainable development. Meanwhile, enterprises engage in corporate social responsibility (CSR) activities as part of core strategies for sustainable development. Through writing CSR reports, the degree of involvement in CSR activities is able to be found and investigated by the public. To evaluate the degree of involvement in CSR, some organizations release CSR-related indices as the CSR evaluation criteria for the constituents of stock indices. Therefore, the degree of CSR involvement of the constituent stocks selected according to the index evaluation criteria is reasonably convinced and can be fairly examined about the impact of CSR on the operating performance. Accordingly, the objectives of this study is to analyze the operating performance of firms in the Taiwan computer and peripheral equipment manufacturing industry and to examine the possible factors influencing operating performance. The sample under investigation is 105 enterprises listed in Taiwan during the period of the second quarter of 2015 to the first quarter of 2018. After the operating-efficiency values of the firms are evaluated through DEA and relevant statistical tests, the possible factors influencing the operating efficiency are observed through Tobit regression analysis. The results of study show that operating efficiency in enterprises incorporated into the CSR index is significantly higher than those not included in the indices. Moreover, the more included by in a variety of CSR indices, the higher the operating efficiency the enterprise perform. The result above shows that enterprise which is included in CSR index has better operating performance. In addition, the study also find that factors of total asset turnover, the number of board members, shareholding ratio of director and supervisors, growth rate of total assets, and the dummy variable of listed or OTC firms have significant effect on operating performance.