董事連結與確信服務專家對企業社會責任績效之影響

• Published in: 會計評論 2020-07, p.001-039
• Main Authors: 廖益興(Yi-Hsing Liao), 單騰笙(Temg-Sheng Sang), 蔡元棠(Yuan-Tang Tsai)
• Format: Article
• Language: Chinese
• Subjects: CSR performance; Director interlock; Specialized CSR assurance provider; TSSCI; 企業社會責任確信服務專家; 企業社會責任績效; 董事連結
• ISSN: 1018-1687

This paper investigates the influence of director interlock on firms’ corporate social responsibility (CSR) performance. We argue that firm managers will follow their interlocking partner’s CSR disclosure practice when managing their own disclosure strategy and then affect their CSR performance. Using board interlocks to proxy for network connections and CSR award-winning as a surrogate for CSR performance, we find that corporate CSR performance is positively related to its ties to high CSR firms. Such finding indicates that CSR performance can spread across firms through director interlock. In addition, board ties to high CSR firms assured by a specialized CSR assurance provider have more influence on the focal firms’ CSR performance compared with ties to high CSR firms assured by a non-specialized CSR assurance provider. Further, board ties to high CSR firms are even more influential when the focal firm and its interlocking partners hire the same specialized CSR assurance provider. Our results are robust to