本研究主要探討企業社會責任之揭露是否會影響信用評等之評量,再進一步研究家族企業之特性是否會影響企業社會責任與信用評等之間的關聯。而樣本是取自天下雜誌、遠見雜誌、CSRone永續報告平台以及公開資訊觀測站與台灣經濟新報(TEJ),樣本期間及對象為2007年至2013年台灣上市櫃公司。實證結果發現,有揭露企業社會責任之公司,信用評等等級會較低;而在加入家族企業特性後,削弱了企業社會責任與信用評等之效益,表示家族企業的特性,確實對於兩者之間會有影響。
This study mainly examines whether the reporting of the corporate social responsibility (CSR) affects Taiwan Corporate Credit Risk Index (TCRI). Furthermore, this study investigates the impact of Family business characteristics on the relationship between corporate social responsibility and Taiwan Corporate Credit Risk Index. The data was adopted from Common Wealth magazine、Global Views、CSRone、Market Observation Post System (MOPS)、Taiwan Economic Journal (TEJ) by Listed and OTC during 2007-2013.The empirical results show that if the company releases their CSR, then TCRI will be lower. However, benefit from CSR reporting will be weakened after taking into the family business features.