摘 要
本研究以台灣上市公司為研究對象，比較家族企業與非家族企業在社會責任履行上的差異，同時討論相關公司治理機制是否會改變家族企業在社會責任行為的投入。根據10,784筆公司/年的樣本，研究結果發現台灣家族企業在企業社會責任的履行意願上，並未有顯著差異。但在進一步考量相關公司治理機制的差異下，當家族企業願意聘用較多獨立董事以提升董事會獨立性時，家族企業在企業社會責任的履行意願上會有顯著提高。本研究亦發現當企業有控制權與現金流量權偏離時，企業社會責任履行的意願顯著降低，但家族經營型態與企業社會責任之間的關聯性並未受到控制權與現金流量權偏離的影響。
關鍵詞：家族企業、企業社會責任、董事會獨立性、控制權與現金流量權偏離
Abstract
The existing evidence does not convincingly show that Taiwanese family firms are willing to pursue corporate social responsibility. This study, based on a sample of 10,784 firm/year observations, investigates whether family firms are more willing to engage in socially responsible corporate activities than non-family ones. The results show that family firms are not more willing to pursue corporate social responsibility. When we further consider the moderating effect of board independence, it becomes clear that the relationship between family firms and corporate social responsibility can be increased. Also, we found that the deviation between controlling rights and cash flow rights reduces corporate social responsibility, but does not moderate the relationship between family firms and corporate social responsibility.
Keywords: Family Business, Corporate Social Responsibility, Board Independence, the Deviation between Controlling Rights and Cash Flow Rights