在社會責任意識高漲的年代，企業社會責任已成為企業永續經營下不可或缺的一環。本研究以盈餘管理做為研究的主題，並與企業社會責任連結，探討CSR公司是否有較低的盈餘管理行為，並以裁決性應計盈餘為盈餘管理之代理變數。實證結果顯示，CSR公司有顯著向下盈餘管理的情形。另外，本研究將CSR公司再區分為單次得獎與多次得獎，探討是否多次得獎之CSR公司有較低的盈餘管理行為，其財務報表品質較高，結果顯示，多次獲獎之CSR公司有顯著向下盈餘管理的情形。換言之，本研究無法證實當CSR公司持續參與企業社會責任活動時，其盈餘管理的行為較少，財務報表品質相對較高。

In the era of rising awareness of social responsibility, corporate social responsibility (CSR) has become an integral part of business continuity. This study examines whether the companies conducting CSR activities have less earnings management behaviors by using Taiwan data from 1997 to 2013. The empirical results show that the CSR companies have significant downward earnings management behaviors. In addition, when CSR companies are divided into single and multiple award winners, the results show that the multiple award winners of the CSR companies have significant downward earnings management behaviors. In summary, this study does not support that CSR companies have less earnings management behaviors and result in higher quality of financial statements.

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