企業基金會與關係人交易之關聯性

The Association between Corporate Foundation and Related-Party Transactions

本研究為探討企業基金會與企業關係人交易（關係人銷貨、關係人進貨及關係人營業費用）之關聯性。研究樣本以2006年至2018年之台灣一般產業上市公司為對象。主要實證結果發現，有基金會之企業比無基金會之企業有較多的關係人交易，表示企業基金會可能是影響關係人交易的因素之一。另外，本研究亦發現企業成立基金會的家數愈多以及集團基金會擔任董事愈多，對關係人交易有顯著影響，表示企業所擁有基金會之數量與集團基金會擔任董事也可能是影響關係人交易的原因。

This study examines the association between the corporate foundations and related-party transactions. The sample is based on Taiwan general industry listed companies from 2006 to 2018. The empirical results show that corporate foundations are positive relationship with related-party transactions, indicating that corporate foundation is one of the factor influencing related-party transactions. In addition, the results also show that the number of corporate foundations and group corporate foundation as directors are significant impact with related-party transactions, indicating that those are likely to be the reason for influencing related-party transactions.