近年來，企業對ESG聲譽的重視日益增加。面對全球暖化、COVID-19以及國際衝突等議題，保護環境和尊重人民利益的原則正在引發重大社會變革，隨著資訊透明度的提高和社交媒體的普及，企業的ESG形象和行為更容易受到公眾和投資者的關注和評價，它們會直接影響企業的聲譽和組織績效，企業逐漸意識到良好的ESG聲譽對提升企業信譽及市場地位重要性，企業ESG聲譽能提升消費者、投資者和員工對企業的認同感和信任度，進而提升企業的市場競爭力和組織績效。
  本研究針對《天下雜誌》2023年「天下永續公民獎」100強榜單排名去探討企業ESG聲譽與組織績效的關係；另外，本研究還對未入選排名榜單企業進行實證調查，並透過實證調查數據，去探討未入榜企業ESG聲譽組織績效（股東權益報酬率及市值成長）與「天下永續公民獎」的排名是否存在差異性。
  本研究透過2023「天下永續公民獎」100強榜單選擇與未入榜企業組織績效進行實證調查，挑選樣本時採用投資人評估企業時使用的每股盈餘（EPS）作為篩選標準，挑選 EPS 相近之未上榜企業作為企業ESG聲譽高低之對照組透過組織績效分析表高低來衡量企業ESG聲譽，並驗證兩者是否存在差異性及企業ESG聲譽的高低與組織績效之間的關聯性。本研究經統計分析結果有下列重要發現：
P1：「100強榜單之ESG聲譽」與組織績效（市值成長）有正向關係。
P2：「實證調查之ESG聲譽組織績效（市值成長）」與「天下永續公民獎」的排名不一樣。

  In recent years, there has been an increasing emphasis by businesses on ESG (Environmental, Social, and Governance) reputation. Facing issues such as global warming, COVID-19, and international conflicts, principles of environmental protection and respect for people's interests are triggering significant social changes. With the rise in information transparency and the widespread use of social media, corporate ESG image and conduct are more susceptible to public and investor scrutiny and evaluation, directly impacting a company's reputation and organizational performance. Companies are gradually realizing the importance of a strong ESG reputation in enhancing corporate credibility and market position. A robust ESG reputation can increase consumer, investor, and employee identification and trust in the company, improving market competitiveness and organizational performance.
  This study investigates the relationship between corporate ESG reputation and organizational performance by examining the 2023 "Excellence in Corporate Social Responsibility Award" top 100 rankings. Additionally, this study conducts an empirical survey of companies that did not make the rankings, using empirical data to explore whether there are differences in ESG reputation and organizational performance (ROE and market value growth) between companies that were listed and those ranked in the "Excellence in Corporate Social Responsibility Award."
  This study empirically investigates the organizational performance of companies listed in the 2023 "Excellence in Corporate Social Responsibility Award" top 100 rankings and those not listed. For sample selection, earnings per share (EPS), used by investors to evaluate companies, was chosen as the screening criterion. Companies with similar EPS that were not listed were selected as a comparison group to analyze the differences in ESG reputation. Organizational performance was measured through performance analysis to verify whether there are differences between the two groups and to examine the correlation between the level of corporate ESG reputation and organizational performance. The statistical analysis results of this study revealed the following important findings:
P1: The ESG reputation within the top 100 rankings correlates positively with organizational performance (market value growth).
P2: The "ESG reputation and organizational performance (market value growth) from the empirical investigation" differs from the rankings of the "Excellence in Corporate Social Responsibility Award."

目錄
目錄	 I
表次	III
圖次	IV
第一章 緒論	1
第一節 研究背景與動機	1
第二節 研究目的	5
第三節 研究範疇	5
第四節 研究流程	6
第二章 文獻探討	7
第一節 企業ESG聲譽之意涵與相關理論	7
第二節 組織績效之意涵與衡量	17
第三節 命題推論	        20
第三章 研究方法	        24
第一節 觀念性架構	24
第二節 變項之定義與衡量	25
第三節 研究命題	        27
第四節 研究樣本來源	27
第五節 抽樣設計	        28
第六節 資料分析方法	28
第四章 資料分析與結果	30
第一節 各變項之相關性分析	30
第二節 趨勢分析	        36
第三節 差異性分析之成對樣本T檢定	39
第四節 結果與討論	47
第五章 結論與建議	48
第一節 結論	        48
第二節 管理上之意涵	50
第三節 研究限制	51
第四節 建議	52
參考文獻	        54
一、中文部分	54
二、英文部分	56
三、網路資源	64

表次
表2- 1 ESG三大支柱	10
表2- 2 組織績效之衡量	19
表3- 1 各變項的定義	25
表4- 1 2014年至2023年連續10年入榜之大型企業15家	31
表4- 2 榜單聲譽各變項之相關性分析	32
表4- 3 半導體產業之之相關性分析	33
表4- 4 傳統產業之相關性分析	35
表4- 5 未排名前100強的十五家個案企業組織績效（市值成長）分析表	37
表4- 6 未排名前100強的十五家個案企業組織績效（股東權益報酬率）	38
表4- 7 高科技半導體業	        40
表4- 8 傳統產業（航運/紡織業）	40
表4- 9 樣本統計資料	        41
表4- 10 成對樣本T檢定	        41
表4- 11 雜誌入榜及未入榜企業名單	44
表4- 12 成對樣本統計資料	        45
表4- 13 成對樣本T檢定	        45
表4- 14 研究命題	                47

圖次
圖1- 1 研究流程圖	        6
圖2- 1 Carroll定義之CSR金字塔	8
圖3- 1 觀念性架構	        25
圖4- 1 榜單組織績效（股東權益報酬率）趨勢圖	32
圖4- 2 榜單組織績效（市值成長）趨勢圖	        33
圖4- 3 半導體產業業組織績效（股東權益報酬率）趨勢圖	34
圖4- 4 半導體產業組織績效（市值成長）趨勢圖	34
圖4- 5 傳統產業組織績效（股東權益報酬率）趨勢圖	35
圖4- 6 傳統產業組織績效（市值成長）趨勢圖	        36
圖4- 7 未上榜企業組織績效（市值成長）趨勢圖	37
圖4- 8 企業組織績效（股東權益報酬率）趨勢圖	39
圖4- 9 半導體業及傳統產業組織績效(股東權益報酬率）趨勢圖	42
圖4- 10 半導體業及傳統產業組織績效(市值成長）趨勢圖	        42
圖4- 11 入榜及未入榜企業組織績效(股東權益報酬率）趨勢圖	46
圖4- 12 榜單聲譽及未入榜企業在組織績效(市值成長）	        46

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三、網路資源
CSR@天下（2021）何麗梅：台積電用1度電生產的晶片，可以為世界省下4度電｜淨零轉型 #2
檢索日：2024年4月28日。
網址：https://csr.cw.com.tw/article/41940
Cheers（2022）。ESG是什麼？與CSR、SDGs差在哪？企業、投資人都該懂的3個關鍵字。
    檢索日：2023年12月30日。
    網址：https://www.cheers.com.tw/article/article.action?id=5101362
CSR@天下（2019）顏和正：什麼是企業社會責任？一次搞懂關鍵字CSR、ESG、SDGs
檢索日：2024年5月20日
網址：https://csr.cw.com.tw/article/40743
PWC（2023）ESG評鑑是什麼？為什麼企業需要重視ESG評鑑呢？
檢索日：2024年5月20日
網址：https://www.pwc.tw/zh/topics/trends/esg-evaluation.html
TEJ台灣經濟新報（2023）ESG永續發展指南｜6大ESG企業治理策略快速掌
    握！
    檢索日：2023年12月16日。
    網址：https://www.tejwin.com/insight/esg/
TCSA（2023）台灣企業永續獎
檢索日：2024年4月28日
網址：https://tcsaward.org.tw/tw/about/harvest/tcsawinnerlist
網址：https://www.cw.com.tw/article/5130145
天下雜誌（2023）完整榜單：2023「天下永續公民獎」100強
檢索日：2024年4月28日
網址：https://www.cw.com.tw/article/5127234
經理人（2022）ESG 評鑑有哪些、企業適合參加哪一個？4 大機構評等的關鍵指標。
    檢索日：2023年12月8日。
    網址：https://www.managertoday.com.tw/articles/view/65391and
遠見雜誌（2023）2023遠見第19屆ESG獎
檢索日：2024年4月28日
網址：https://gvsrc.cwgv.com.tw/articles/index/14899