| dc.contributor | 財管系 | |
| dc.creator (作者) | Chiou, Calvin J.;Li, Tsung-Hsuan;Chan, Chang;Hsieh, Chun-Kuei | |
| dc.creator (作者) | 邱健嘉;李宗軒;詹場;謝俊魁 | |
| dc.date (日期) | 2025-03 | |
| dc.date.accessioned | 7-Jul-2025 10:17:09 (UTC+8) | - |
| dc.date.available | 7-Jul-2025 10:17:09 (UTC+8) | - |
| dc.date.issued (上傳時間) | 7-Jul-2025 10:17:09 (UTC+8) | - |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/157911 | - |
| dc.description.abstract (摘要) | This study uses Taiwan Sustainability Ratings (TSR) data and applies the Heckman two-stage model to explore cross-industry differences in the impact of corporate environmental performance while controlling for corporate social, economic, and disclosure performance. The impact of environmental performance on financial performance and stock returns is not only related to the government regulations and public attention to environmental issues in the company's industry, but also to the degree to which the industry is integrated into global supply chains. For the manufacturing industry, corporate environmental performance has a significant positive impact on both financial performance and stock returns of the company. | |
| dc.description.abstract (摘要) | 本文運用臺灣永續評鑑資料，在同時控制社會面、經濟面、揭露面等表現下，以Heckman兩階段模型探討環境面表現影響中的產業異質性。環境面表現對財務績效及股票報酬之影響，不但與公司所屬產業之環境議題所受政府規範及大眾關注程度有關，也與該產業和國際供應鏈之整合程度有關。就製造業而言，環境面表現對兩者皆具顯著正向影響。 | |
| dc.format.extent | 109 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | Journal of Financial Studies (財務金融學刊), Vol.33, No.1, pp.51-107 | |
| dc.subject (關鍵詞) | Sustainability report; CSR; ESG; Taiwan Sustainability Ratings; Sample selection bias | |
| dc.subject (關鍵詞) | 永續報告書; 臺灣永續評鑑; 樣本選擇偏誤 | |
| dc.title (題名) | The Impact of Environmental Performance on Financial Outcomes: Evidence from Taiwan | |
| dc.title (題名) | 公司之環境面表現對其財務績效及股票報酬的影響—臺灣上市櫃公司之實證 | |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.6545/JFS.202503_33(1).0002 | |
| dc.doi.uri (DOI) | https://doi.org/10.6545/JFS.202503_33(1).0002 | |
