臺灣博碩士論文加值系統

隨著全球經濟日益多元化和資訊透明度的提高，企業社會責任成為邁向永續發展的關鍵因素。在當前的經濟環境中，企業不僅受到傳統經濟變數的影響，還需面對氣候變遷和社會不平等等議題。這些問題引起了投資者、消費者和監管機構的高度關注，促使企業加強對環境、社會和公司治理(ESG)的實踐。本研究旨在探討ESG因素對台灣金融控股公司財務績效與風險管理的影響。研究樣本選取了台灣14家金控公司，涵蓋2020至2023年間的數據，排除了因合併或未上市的公司。使用的主要研究方法包括敘述統計分析和多元迴歸分析，以分析變數之間的關係。研究結果顯示，ESG等級、ESG揭露項分數和公司治理人數對金控業的財務績效和風險管理具有顯著影響。具體來說，較高的ESG評價能夠提升公司的資產報酬率(ROA)和股東權益報酬率(ROE)，並降低公司的財務槓桿風險。這些發現證實了ESG實踐對企業長期價值創造和穩定運營的重要性。總體來說，本研究的結果強調了金融控股公司在整合ESG策略時需平衡社會責任與財務效益之間的關係，以實現長遠的價值和有效的風險管理。企業應考慮將ESG因素納入其戰略和營運模式中，這不僅有助於提升企業形象，還能增強投資者信心，從而實現可持續發展。

With the increasing diversification of the global economy and enhanced transparency in information, corporate social responsibility has become a critical factor in advancing sustainable development. In today's economic environment, businesses are not only influenced by traditional economic variables but also face issues such as climate change and social inequality. These issues have raised significant concerns among investors, consumers, and regulatory bodies, prompting businesses to strengthen their practices in Environmental, Social, and Governance (ESG) criteria. This study aims to investigate the impact of ESG factors on financial performance and risk management in Taiwan's financial holding companies. The study sample includes 14 financial holding companies in Taiwan, covering data from 2020 to 2023, excluding companies due to mergers or non-listing status. The primary research methods used include descriptive statistical analysis and multiple regression analysis to examine relationships between variables. The results of the study indicate that ESG ratings, ESG disclosure scores, and board size significantly influence the financial performance and risk management of financial holding companies. Specifically, higher ESG ratings enhance Return on Assets (ROA) and Return on Equity (ROE) while reducing financial leverage risk. These findings underscore the importance of ESG practices in long-term value creation and stable operations for businesses. Overall, the study highlights the need for financial holding companies to balance social responsibility with financial benefits when integrating ESG strategies, thereby achieving sustainable value and effective risk management. Businesses should consider integrating ESG factors into their strategic and operational models, not only to enhance corporate image but also to increase investor confidence, thereby achieving sustainable development.

中文摘要..........i
英文摘要..........ii
誌謝..........iv
目錄..........v
表目錄..........vi
圖目錄..........vii
第一章 緒論..........1
1.1研究背景與動機..........1
1.2研究目的..........4
1.3研究流程與架構..........5
第二章 文獻回顧..........7
2.1ESG的定義及發展歷史..........7
2.2ESG對財務績效的影響..........14
2.3ESG對風險管理的影響..........15
第三章 研究方法..........17
3.1資料來源與樣本選取..........17
3.2研究變數定義..........18
3.2.1應變數..........18
3.2.2自變數..........20
3.2.3控制變數..........21
3.3研究方法說明與假說建立..........22
3.4研究模型建立..........23
第四章 實證結果與分析..........24
4.1統計量結果..........24
4.1.1敘述性統計分析..........24
4.1.2共線性檢定分析..........26
4.2ESG對財務績效的影響分析..........27
4.3ESG對風險管理的影響分析..........29
第五章 結論與建議..........31
5.1研究結論與研究建議..........31
5.2研究限制..........32
參考文獻..........33
Extended Abstract..........35

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