企業社會責任、供應鏈會計師、產業生命週期與財務報表品質：台灣電子業之實證研究

This study examines the corporate social responsibility (CSR) performance of listed companies in Taiwan by looking at how companies meet their CSR obligations and by exploring how employing supply chain certified public accountants (CSRSCPAs) affects the quality of their earnings. It further examines CSRSCPAs at various stages of a company’s life cycle to identify the nature of their performance and provides insights into their causes and consequences. However, despite the benefits stemming from enhanced information corroboration and expertise spillover, CSRSCPAs face the challenge of potential information collusion. Hence, this study looks at supply chain CPAs in the context of the company’s CSR performance to find out the impact of the company’s financial statements. It finds that the CSRSCPAs have negative effect on discretionary accruals. In addition, the results of this study indicate that both a positive earnings quality and a positive public response ensue when the Big 4 audit firms audit CSR companies. This study’s results show that market participants highly value Big 4 supply chain CPAs with industry experience and that these impressions extend to their evaluation of clients. The inclusion of different supply chain streams reveal that upstream CSRSCPAs are more likely than middlestream and downstream CSRSCPAs to receive favorable reactions from market participants. This is an indication that market participants are impressed by the specific expertise and knowledge of these professionals. Furthermore, maturity companies are more likely than growing ones to receive favorable reactions from market participants when CSRSCPAs are upstream.