题名

總經理工作經驗對於企業社會責任之影響

并列篇名

The Impact of Chief Executive Officer Work Experience on Corporate Social Responsibility

DOI

10.6538/TAR.2017.12S.07

作者

彭智偉(Chih-Wei Peng)；陳皆碩(Chieh-Shuo Chen)；范家祺(Jia-Chi Fan)

关键词

企業社會責任 ； 總經理功能性背景 ； 總經理任期 ； 總經理國際化經驗 ； corporate social responsibility ； functional background experience ； CEO tenure ； CEO international experience

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

575 - 612

内容语文

繁體中文;英文
中文摘要

總經理為企業領導的核心、公司方針與未來發展的主要決策者，因此總經理在企業社會責任之投入扮演著關鍵性角色，有趣的是，不同經歷及背景的總經理在決策上有著不同偏好的差異，本研究以手工方式蒐集2003 年至2012 年美國標準普爾1500 公司，探討總經理工作經驗如何影響企業社會責任的績效。實證結果顯示，總經理具支援功能背景者與企業社會責任績效呈現顯著負相關。總經理任期與企業社會責任績效呈現顯著正相關、總經理國際化工作經驗與企業社會責任績效呈現顯著正相關。本研究除了能補充現有探討企業社會責任文獻外，也能進一步提供企業未來營運方針擬定的參考。
英文摘要

The CEO is the core of a firm's leadership and a key decision maker for company policies and future development. Thus, the CEO of a company plays a major role in CSR. CEOs have different work backgrounds and experience, and their decision-making preferences may vary. This study explores the impact of a CEO's prior work experience on CSR. The sample is based on data on CEOs from the US S&P 1500 firms for the period from 2003 to 2012, from which we manually collected data on their work experience. The empirical results indicate that CEOs with throughput backgrounds are significantly and negatively associated with CSR. Second, CEO tenure is found to be significantly and positively associated with CSR. Finally, CEOs with international work experience are found to be significantly and positively associated with CSR. Our findings contribute to the extant CSR literature and provide managers with guidance as they draft plans for their firms' future operations.
主题分类 社會科學 > 財金及會計學
参考文献
  1. 李揚,郭憲章,楊淨麟(2005)。企業國際化與經營績效關係之研究—亞洲金融風暴分析。中山管理評論，13(1)，49-74。
    連結：
  2. Agle, B. R.,Mitchell, R. K.,Sconnenfeld, J. A.(1999).Who matters to CEOs? An investigation of stakeholder attributes and salience, corporate performance and CEO values.Academy of Management Journal,42,507-525.
  3. Al-Tuwaijri, S. A.,Christen, T. E.,Hughes, K. E.(2004).The relations among environmental disclosure, environmental performance and financial performance: A simultaneous equations approach.Accounting, Organizations and Society,29(5),447-471.
  4. Barker, V. L.,Muller, G. C.(2002).CEO characteristics and firm R&D spending.Management Science,48(6),782-801.
  5. Barney, J.(1992).Integrating organizational behavior and strategy formulation research: A resource based analysis.Advances in Strategic Management,Greenwich, CT:
  6. Beamish, P. W.(1988).Multinational Joint Ventures in Developing Countries.London, UK:Routledge.
  7. Bergstresser, D.,Philippon, T.(2006).CEO incentives and earnings management.Journal of Financial Economics,80(3),511-529.
  8. Bowen, H. R.(1953).Social Responsibilities of the Businessman.Iowa City, IA:University of Iowa Press.
  9. Cannella, A. A., Jr.,Shen, W.(2001).So close and yet so far: Promotion versus exit for CEO heirs apparent.The Academy of Management Journal,44(2),252-270.
  10. Carpenter, M. A.,Sanders, W. G.,Gregersen, H. B.(2001).Bundling human capital with organizational context: The impact of international assignment experience on multinational firm performance and CEO pay.Academy of Management Journal,44(3),493-511.
  11. Carpenter, M. A.,Sanders, W. G.,Gregersen, H. B.(2000).International assignment experience at the top can make a bottom-line difference.Human Resource Management,39(2),277-285.
  12. Carrigan, M.(1997).The great corporate give-away: Can marketing do good for the do-gooders?.European Business Journal,9(4),40-46.
  13. Carroll, A. B.(1979).A three-dimensional conceptual model of corporate social performance.Academy of Management Review,4(1),497-505.
  14. Chaganti, R.,Sambharya, R. B.(1987).Strategic orientation and characteristics of upper management.Strategic Management Journal,8(4),393-402.
  15. Chin, M. K.,Hambrick, D. C.,Trevino, L. K.(2013).Political ideologies of CEOs: The influence of executives’ values on corporate social responsibility.Administrative Science Quarterly,58(2),197-232.
  16. Cho, S. Y.,Lee, C.,Pfeiffer, R. J., Jr.(2013).Corporate social responsibility performance and information asymmetry.Journal of Accounting Public Policy,32(1),71-83.
  17. Cronqvist, H.,Heyman, F.,Nilsson, M.,Svaleryd, H.,Vlachos, J.(2009).Do entrenched managers pay their workers more?.Journal of Finance,64(1),309-339.
  18. Datta, D. K.,Rajagopalan, N.(1998).Industry structure and CEO characteristics: An empirical study of succession events.Strategic Management Journal,19(9),833-852.
  19. Dearborn, C. C.,Simon, H. A.(1958).Selective perception: A note on the department identifications of executives.Sociometry,21,140-144.
  20. Deckop, J. R.,Merriman, K. K.,Gupta, S.(2006).The effects of CEO pay structure on corporate social performance.Journal of Management,32(3),329-342.
  21. Dhaliwal, D. S.,Radhakrishnan, S.,Tsang, A.,Yong, Y.(2012).Nonfinancial disclosure and analyst forecast accuracy: International evidence on corporate social responsibility disclosure.The Accounting Review,87(3),723-759.
  22. Dhaliwal, D. S.,Zhen, L.,Tsang, A.,Yong, Y.(2011).Voluntary nonfinancial disclosure and the cost of equity capital: The initiation of corporate social responsibility reporting.The Accounting Review,86(1),59-100.
  23. Donaldson, I.,Preston, L.(1995).The stakeholder theory of the corporation: Concepts, evidence and implications.Academy of Management Review,20(1),65-91.
  24. Dowling, P. J.,Welch, D.,Schuler, R. S.(1996).International Dimensions of Human Resource Management.Belmont, CA:Wadsworth.
  25. Finkelstein, S.,Hambrick, D. C.(1996).Strategic Leadership: Top Executives and Their Effects on Organizations.St. Paul, MN:West.
  26. Fombrun, C. J.,Gardberg, N. A.,Sever, J. M.(2000).The reputation quotient: A multistakeholder measure of corporate reputation.Journal of Brand Management,7(4),241-255.
  27. Fredrickson, J. W.(1985).Effects of decision motive and organizational performance level on strategic decision processes.Academy of Management Journal,28,821-843.
  28. Freeman, R. E.(1984).Strategy Management: A Stakeholder Approach.Boston, MA:Pitman.
  29. Friedman, M. 1970. “The social responsibility of business is to increase its profit.” New York Times, Setpemer 13: 122-126.
  30. Galbreath, J.(2010).How does corporate social responsibility benefit firms? Evidence from Australia.European Business Review,22(4),411-431.
  31. Goll, I.,Rasheed, A. A.(2004).The moderating environmental munificence and dynamism on the relationship between discretionary social responsibility and firm performance.Journal of Business Ethic,49(1),41-54.
  32. Graves, S. B.,Waddock, S. A.(1994).Institutional owners and corporate social performance.Academy of Management Journal,37(4),1034-1046.
  33. Gregersen, H. B.,Morrison, A. J.,Black, J. S.(1998).Developing leaders for the global frontier.Sloan Management Review,40(1),21-32.
  34. Grimm, C. M.,Smith, K. G.(1991).Management and organizational change: A note on the railroad industry.Strategic Management Journal,12(7),557-562.
  35. Gunz, H. P.,Jalland, R. M.(1996).Managerial careers and business strategies.The Academy of Management Review,21(3),718-756.
  36. Gupta, A. K.(1984).Contingency linkages between strategy and general manager characteristics: A conceptual examination.The Academy of Management Review,9(3),399-412.
  37. Gupta, A. K.(1986).Matching managers to strategy: Point and counterpoint.Human Resource Management,25,215-234.
  38. Gupta, A. K.,Govindarajan, V.(1984).Business unit strategy, managerial characteristics, and business unit effectiveness at strategy implementation.Academy of Management Journal,27(1),25-41.
  39. Hall, P. A.,Gingerich, D. W.(2009).Varieties of capitalism and institutional complementarities in the political economy.British Journal of Political Science,39(3),449-482.
  40. Hamann, R.(2006).Can business make decisive contributions to development? Towards a research agenda on corporate citizenship and beyond.Development Southern Africa,23(2),175-195.
  41. Hambrick, A.,Henderson, D.,Miller, D.(1999).Temporal dynamics of CEO tenures.1999 Academy of Management Meeting
  42. Hambrick, D. C.,Fukutomi, G. D.(1991).The seasons of a CEO’s tenure.Academy of Management Review,16(4),719-742.
  43. Hambrick, D.,Mason, P.(1984).Upper echelons: The organization as a reflection of its top managers.Academy of Management Review,9(2),193-206.
  44. Hart, S.(1995).A natural-resource-based view of the firm.Academy of Management Review,20(4),986-1014.
  45. Hayes, R. H.,Abernathy, W. J.(1980).Managing our way to economic decline.Harvard Business Review,85(5),138-161.
  46. Herrmann, P.,Datta, D. K.(2005).Relationships between top management team characteristics and international diversification: An empirical investigation.British Journal of Management,16(1),69-78.
  47. Hillman, A.,Keim, G.(2001).Shareholder value, stakeholder management, and social issues: What’s the bottom: line?.Strategic Management Journal,22(2),125-139.
  48. IBM. n.d. “Corporate social responsibility.” Accessed March 1, 2015. http://www-935.ibm.com/services/us/gbs/bus/html/gbs-green-csr.html
  49. Jensen, M.,Zajac, E.(2004).Corporate elites and corporate strategy: How demographic preferences and structural position shape the scope of the firm.Strategic Management Journal,25(6),507-524.
  50. Keith, D.(1960).Can business afford to ignore social responsibilities?.California Management Review,2(3),70-76.
  51. Kim, Y.,Park, M. S.,Wier, B.(2012).Is earning quality associated with corporate social responsibility?.The Accounting Review,87(3),761-796.
  52. Klein, A.(2002).Audit committee, board of director characteristics, and earnings management.Journal of Accounting and Economics,33(3),375-400.
  53. Kor, Y. Y.(2006).Direct and interaction effects of top management team and board compositions on R&D investment strategy.Strategic Management Journal,27(11),1081-1099.
  54. Kotter, J. P.(1982).The General Managers.New York, NY:The Free Press.
  55. Lawrence, P.,Lorsch, J.(1967).Differentiation and integration in complex organizations.Administrative Science Quarterly,12(1),1-47.
  56. Lepak, D. P.,Snell, S. A.(1999).The human resource architecture: Toward a theory of human capital allocation and development.Academy of Management Review,24,31-48.
  57. Maignan, I.,Ferrell, O. C.,Hult, T.(1999).Corporate citizenship: Cultural antecedents and business benefits.Journal of the Academy of Marketing Science,27(4),455-469.
  58. Mansfield, E.(1968).Industrial Research and Technological Innovation.New York, NY:Norton.
  59. Mattingly, J. E.,Berman, S.(2006).Measurement of corporate social action: Discovering taxonomy in the Kinder Lydenburg Domini ratings data.Business and Society,45(1),20-47.
  60. Miller, D.(1991).Stale in the saddle: CEO tenure and the match between organization and environment.Management Science,37,34-52.
  61. Moser, D. V.,Martin, P. R.(2012).A broader perspective on corporate social responsibility research in accounting.The Accounting Review,87(3),797-806.
  62. Murphy, K. J.,Zimmerman, J. L.(1993).Financial performance surrounding CEO turnover.Journal of Financial Economics,16(1-3),273-315.
  63. Pagano, M.,Volpin, P.(2005).Managers, workers, and corporate control.Journal of Finance,60(2),843-870.
  64. Peck, S. R.(1994).Exploring the link between organizational strategy and the employment relationship: The role of human resources policies.Journal of Management Studies,31(5),715-736.
  65. Pfeffer, J.,Salancik, G. R.(1997).An examination of need-satisfaction models of job attitudes.Administrative Science Quarterly,22,427-456.
  66. Ricks, D.,Toyne, B.,Martinez, Z.(1990).Recent developments in international management research.Journal of Management,16(2),219-253.
  67. Roberts, R. W.(1992).Determinants of corporate social responsibility disclosure: An application of stakeholder theory.Accounting, Organizations and Society,17(6),595-612.
  68. Rosenzweig, P.,Nohria, N.(1994).Influences on human resource management practices in multinational corporations.Journal of International Business Studies,25(2),229-251.
  69. Russo, M.,Fouts, P.(1997).A resource-based perspective on corporate environmental performance and profitability.Academy of Management Journal,40(3),534-559.
  70. Sambharya, R. B.(1996).Foreign experience of top management teams and international diversification strategies of U.S. multinational corporations.Strategic Management Journal,17(9),739-746.
  71. Schuler, R. S.,Jackson, S. E.(1987).Linking competitive strategies with human resource management practices.Academy of Management Executive,1(3),207-219.
  72. Schwartz, M. S.,Carroll, A. B.(2003).Corporate social responsibility: A three-domain approach.Business Ethics Quarterly,13(4),503-530.
  73. Simerly, R. L.(2000).A theoretical examination of the relationship between chief executive officers and corporate social performance.International Journal of Management,17(2),218-223.
  74. Simerly, R. L.(2003).An empirical examination of the relationship between management and corporate social performance.International Journal of Management,20(3),353-359.
  75. Singh, H.,Harianto, F.(1989).Management-board relationships, takeover risk, and the adoption of golden parachutes.The Academy of Management Journal,32(1),7-24.
  76. Slater D. J.,Dixon-Fowler, H. R.(2009).CEO international assignment experience and corporate social performance.Journal of Business Ethics,89(3),473-489.
  77. Song, J. H.(1982).Diversification strategies and the experience of top executives of large firms.Strategic Management Journal,3(4),377-381.
  78. Starbucks. n.d. “What is the role and responsibility of a for-profit, public company?” Accessed March 1, 2015. http://www.starbucks.com/responsibility.
  79. Suutari, V.,Makela, K.(2007).The career capital of managers with global careers.Journal of Managerial Psychology,22(7),628-648.
  80. Teece, D. J.,Pisano, G.,Shuen, A.(1997).Dynamic capabilities and strategic management.Strategic Management Journal,18(7),509-533.
  81. Thomas, A. S.,Litschert, R. J.,Ramaswamy, K.(1991).The performance impact of strategy manager co-alignment: An empirical examination.Strategic Management Journal,12(7),509-523.
  82. Thomas, A. S.,Simerly, R. L.(1994).The chief executive officer and corporate social performance: An interdisciplinary examination.Journal of Business Ethics,13(12),959-968.
  83. Vilanova, M.,Lozano, J.,Arenas, D.(2009).Exploring the nature of the relationship between CSR and competitiveness.Journal of Business Ethics,87,57-69.
  84. Waddock, S. A.,Graves, S. B.(1997).The corporate social performance-financial performance link.Strategic Management Journal,18(4),303-319.
  85. Waldman, D. A.,Siegel, D. S.,Javidan, M.(2006).Components of CEO transformation leadership and corporate social responsibility.Journal of Management Studies,43(8),1703-1725.
  86. Walsh, J. P.(1988).Selectivity and selective perception: An investigation of managers’ belief structures and information processing.Academy of Management Journal,31(4),873-896.
  87. Walsh, J. P.,Seward, J. K.(1990).On the efficiency of internal and external corporate control mechanisms.The Academy of Management Review,15(3),421-458.
  88. Wiggenhorn, J.,Pissaris, S.,Gleason, K. C.(2016).Powerful CEOs and employee relations: evidence from corporate social responsibility indicators.Journal of Economics and Finance,40(1),85-104.
  89. Willard, B.(2002).The Sustainability Advantage: Seven Business Case Benefits of a Triple Bottom Line.Gabriola Island, BC:New Society.
  90. Zajac, E. J.,Westphal, J. D.(1996).Director reputation, CEO/board power, and the dynamics of board interlocks.Academy of Management Proceedings,1,254-258.
  91. 陳嵩,蔡明田,張淑昭(1997)。經理人口特徵、產品／市場策略、經營績效關係之實證研究。管理學報，14(4)，585-610。
  92. 鄭村(2015)。迎接非財務性資訊揭露的新紀元。證券服務，634，8-11。
print cancel