题名

Corporate Social Responsibility and Real Activities Earnings Management: Evidence from China

并列篇名

企業社會責任與實質活動盈餘管理：中國之實證

DOI

10.6538/TAR.2017.12S.06

作者

孔繁華(Fan-Hua Kung)；林凱薰(Kai-Hsun Lin)；王貞靜(Chen-Chin Wang)

关键词

corporate social responsibility (CSR) ； earnings management ； real operating activities ； government policy ； 企業社會責任(CSR) ； 盈餘管理 ； 實質活動 ； 政府政策

期刊名称

中華會計學刊

卷期/出版年月

12卷S期（2017 / 04 / 01）

页次

537 - 574

内容语文

英文;繁體中文
中文摘要

This paper investigates whether corporate social responsibility (CSR) can constrain real activities earnings management (REM), focusing on the legitimacy pressures of CSR compliance in the Chinese context. The distinctive setting of the role of government in CSR allow us to draw new inference. We find that contrary to the criticism that mandated CSR policies is simply window dressing, strong CSR performers are more ethical in their reporting behaviors because they have incentives to maintain good relationship with stakeholders. However, the relationship is weaker for state-owned enterprises (SOEs), which suggests that SOEs tend to engage CSR to shape perceptions of their political legitimacy. Due to their lower level of managerial discretion over CSR activities, managers of SOEs tend to use CSR as their entrenchment strategy. Our results are also robust when controlling for the endogeneity of CSR.
英文摘要

本文旨在檢視以政令推動企業履行社會責任的情況下，中國上市企業非自發性的投入社會責任活動，是否會影響其實質盈餘管理行為。實證結果發現，即使企業社會責任政策係屬強制遵循，整體而言，仍有助於中國上市企業的道德意識，提供與利害關係人維持良好關係之誘因，進而減少其實質盈餘管理的行為。然而，上述結論在國有企業中是相對弱化的，顯示國有企業對於企業社會責任活動的管理裁量權較低，經理人基於政治正當性而履行企業社會責任，並藉由社會責任活動來掩飾其自利及盈餘管理行為。最後，在控制企業社會責任的內生性下，本研究發現仍維持穩健。
主题分类 社會科學 > 財金及會計學
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被引用次数
  1. 簡雪芳,楊孟萍,張羽璇(2019)。企業社會責任與盈餘管理之關聯性研究。東吳經濟商學學報，99，15-55。
  2. 林淑靜,林玉君,汪瑞芝(2019)。營利事業所得稅調降對公司實質盈餘管理行為之影響。中華會計學刊，15(1)，77-121。
  3. 陸景瑄,郭德慈,王肇蘭(2022)。企業基金會－避稅乎？社會責任乎？。會計評論，74，103-150。
  4. 謝宜樺,陳薇如,王翎(2023)。企業社會責任績效對首次公開發行公司期初報酬之影響。當代會計，24(2)，337-370。
  5. (2023)。Incentives and Economic Consequences of Reporting Frequency-Induced Earnings Management。中華會計學刊，19(2)，181-230。
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