| Summary: | 碩士 === 靜宜大學 === 財務金融學系 === 107 === This study investigates that the influence of the corporate social responsibility to earnings management, and proves whether the adjusted effectiveness of cross factor of independent directors and corporate social responsibility will adjust the effect of corporate social responsibility on earning management or not. The sample includes companies listed in Taiwan Stock Exchange during 2006 to 2017. There are total 7,150 companies Data comes from Taiwan Economic Journal (TEJ). The resulrs show that (1) corporate social responsibility does not correlate to earnings management;(2) the percentage of independent directors of all directors has a negative correlation with earnings management. It shows that an enterprise with more independent directors, fulfill the corporate social responsibility, will decrease earnings management;(3) the cross factor of corporate social responsibility and independent directors shows negative correlation to earnings management, which means the character of the cross factor of corporate social responsibility and independent directors does moderate the effect on earnings management. Therefore, corporations that have high ratio of independent directors would decrease the behavior of earning management.
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