家族企業女性董事對企業社會責任績效之影響

Abstract

過去研究顯示，女性董事擁有不同背景、特質、能力、專長有助於董事會職能的發揮。本研究依據2015至2019年間TEJ台灣經濟新報資料庫作為研究樣本來源。企業社會責任分數採用台灣經濟新報資料庫中企業社會責任資料庫的TWSE公司治理評鑑分數建置而成。並採用階層迴歸模型進行實證分析，檢驗女性董事商業背景、教育程度、兼職其他企業董事以及任期與是否會對企業社會責任有正向影響，並將家族持股設為調節變數討論家族持股比例的高低是否會強化或弱化女性董事對企業社會責任績效的影響，藉此判斷女性董事在家族企業中進行企業社會活動的成效。實證結果顯示，女性董事具有相關商業背景、身兼其他企業董事或在公司任期愈長，公司的企業社會責任績效愈高。而家族持股則對企業社會責任有負向影響。然而，原本女性董事教育程度對企業社會責任績效無顯著影響，但當家族持股愈高，反而會調節並強化女性董事教育程度和企業社會責任績效的正向關係。Past studies have shown that women directors have different backgrounds, characteristics, abilities, and expertise that contribute to the performance of board functions. This study is based on the TEJ (Taiwan Economic Journal) database from 2015 to 2019 as the sample source. And the CSR scores were constructed using the TWSE corporate governance assessment scores from the Corporate Social Responsibility database of TEJ . The empirical analysis was conducted using a hierarchical regression model to examine whether female directors' business background, education, busyness, and tenure have a positive impact on CSR, and to discuss whether being a family-owned company strengthens or weakens the impact of female directors on CSR performance. The results show that female directors have a strong influence on corporate social responsibility. The empirical results show that the more female directors have relevant business backgrounds are directors of other companies, or have longer tenure in the company, the higher the CSR performance of the company, while family businesses have a negative impact on CSR. However, while the education level of female directors does not have a significant impact on CSR performance, the higher the family shareholding, the more it adjusts and strengthens the positive relationship between the education level of female directors and CSR performance.