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標題: 人力支出、環境支出與企業價值關聯性研究
The Value Relevance of Human Expenditure and Enviromental Expenditure
作者: 劉家溢
Liu, Chia-Yi
關鍵字: Human expenditure;人力支出;Environmental expenditure;Value relevance;環境支出;價值關聯性
出版社: 會計學研究所
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This paper investigates the value relevance of human expenditures and environmental expenditures. Tries to examine whether enterprises investing in human expenditures and environmental expenditures will enhance their market value or not. The results indicate that employee profit-sharing expenditures, employee salary expenditures and anti-pollution equipment expenditures have significantly positive influence on market value. Besides, the study found that the value relevance of employee profit-sharing expenditures are bigger than that of employee salary expenditures. Environmental penalty losses have significantly negative influence on market value. Bring altogether the above empirical results show that, when enterprises invest in human expenditures and environmental expenditures to enhance their market value, enterprises should invest more in employee-profit sharing expenditures and avoid environmental penalty losses which usually cause significantly negative influence on market value, especially in high- polluted firms.
其他識別: U0005-2806200617462700
Appears in Collections:會計學系所

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