國際化、多角化、下方風險與企業社會責任之關係探討

Exploring the Relationships among Internationalization, Diversification, Downside Risk, and Corporate Social Responsibility

10.6735/JAFD.201503_8(1).0006

吳孟玲(Meng-Ling Wu)；張書陶(Sue-Tao Chang)；李泊諺(Po-Yen Lee)

國際化 ； 多角化 ； 下方風險 ； 企業社會責任 ； Internationalization ； Diversification ； Downside Risk ； Corporate Social Responsibility

會計與財金研究

8卷1期（2015 / 03 / 01）

95 - 112

繁體中文

企業社會績效的前因已獲得過去研究的長期重視，但是少有研究以下方風險的觀點來探討企業社會績效的表現，因此，本研究之主要目的係檢視下方風險如何影響企業社會績效，並且探討企業之國際化及多角化程度對下方風險的影響。迴歸分析的結果顯示：（1）下方風險對企業社會績效具負向影響；（2）國際化對下方風險具有正向影響。最後，本研究亦提出研究意涵及未來研究的建議。

Although antecedents of corporate social performance have long been studied, little research has been conducted to examine how downside risk affects corporate social performance. Therefore, the main purpose of this study is to investigate the positive relationship between downside risk and corporate social performance. Then, this study also examined the influences of internationalization and diversification on downside risk. Hypotheses were tested by regression analysis. The major findings indicated that: (1) Downside risk has a negative relationship with the corporate social performance; (2) Internationalization was positively related to downside risk. Implications of the current study and directions for future research are discussed.

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