本文欲瞭解企業發布永續報告書其具備整合性思維，是什麼樣的企業特質因素所影響。本文以S&P500成份股公司為研究對象，研究年度為2013-2015年，研究方法以羅吉斯迴歸分析進行假說的檢驗。本文實證結果發現企業揭露三種豐富的企業特質因素(永續領導力、商業模式以及創新競爭力)，皆對企業發布永續報告書且具備整合性思維呈正向顯著影響，企業要走向整合，可以從這三個層面去揭露資訊。本文之貢獻，由於整合性報告是個新主流且樣本數不多，而目前從企業特質因素去探討企業發布具整合性思維之永續報告書的研究也鮮少，本研究發現在美國這樣的成熟資本市場，但未被強制發布整合性報告的情況下，S&P500企業揭露豐富企業特質因素的程度與探討其朝向發布具IR精神的永續報告書的趨勢，永續報告書不單只是傳達永續，企業提供豐富資訊揭露給投資人與閱讀者，在實務意涵上，透過了解企業應豐富揭露什麼樣特質因素，也有助於企業未來走向整合性資訊的推動。

This article would like to know about what kind of determinants will affect the company to publish those information with integrated thinking. In this paper, S & P500 constituent companies as the research data, and the study is from 2013 to 2015. The research method is Logistic Regression which analyzing the hypothesis test. The empirical results of this paper find out that the three corporate characteristics (sustainability leadership, business model and innovative competitiveness), and all of which issued with the integrated thinking of sustainability report is significantly positive. The company should be integrated from these three levels to disclosure its Information. For the contribution of this article, because the integrated report is a new mainstream and the number of samples isn’t enough, and the research of the characteristics of company about exploring the issue of sustainability reports with integrated thinking is also rare. The study found that the United States which is such a mature capital market, but not forced to publish a integrated report in the case, S & P500 enterprises disclosure the extent of the characteristics and show the trend of publishing sustainability report with integrated thinking, which means the sustainability report is not only about sustainability, and also provide lots of disclosure to investors and readers. In practical meaning, by understanding how the company disclosures its characteristics of the factors, it will help to promote the integration of information for the future .

目錄
致謝 I
中文摘要 II
英文摘要 III
目錄 IV
表目錄/圖目錄 V/VI
第壹章 緒論 1
第一節 研究背景 1
第二節 研究動機 3 
第三節 研究目的 4 
第四章 研究架構流程 7
第貳章 文獻探討及假說 9
第一節 整合報告書架構與精神 9
第二節 自願揭露理論&訊號理論 14
第三節 企業的永續領導力 16
第四節 企業商業模式與整合性資訊之相關文獻 17
第五節 創新競爭力與IR精神之相關文獻 20
第參章 研究方法 27
第一節 觀念性架構 27
第二節 實證模型與變數衡量 28
第三節 樣本及資料來源 36
第四節 資料分析及方法 37
第肆章 實證結果與分析 39
第一節 敘述性統計 39
第二節 相關分析 40
第三節 羅吉斯迴歸與實證分析 41
第伍章 結論與建議 44
第一節 研究結論	44
第二節 管理意涵	45
第二節 研究貢獻	46
第四節 研究限制與建議 47
參考文獻 48

表目錄
表1-1：使用IIRC框架的IR報告書之數量 5
表1-2：美國S&P500之永續報告書比例調查 6
表2-1：IR報告書之七大指導原則與八個要素 10
表2-2：整合性報告書與現在的報告書之間差異比較表	12
表2-3：文獻回顧彙總表 22
表3-1：具備整合性思維的永續報告書之衡量(不論部分揭露或完整揭露) 29
表3-2：永續領導力的衡量之評分 29
表3-3：具有揭露永續領導力之範例 29
表3-4：永續商業模式揭露程度與衡量評分之評分 30
表3-5：具有揭露商業模式之範例 31
表3-6：永續創新競爭力揭露程度與衡量之評分 34
表3-7：具有揭露創新競爭力之範例	34
表3-8：控制變數的定義 36
表3-9：變數衡量彙總表 36
表4-1：描述性統計資料 39
表4-2：永續報告書各年度之數量 40
表4-3：各變數間之相關係數 40
表4-4：方程式中的自變數(未分類別) 41
表4-5：方程式中的自變數(以類別分組) 42

圖目錄
圖1-1：研究流程圖 8
圖2-1：資源基礎模式 20
圖3-1：觀念性架構 27

中文文獻
CSRone，2016亞洲高峰會永續領導力(Sustainability Leadership)，Available from：http://www.csronereporting.com/topic_3410
CSRone，國際趨勢－身為CFO必須知道永續的重要性舉足輕重，Available from：http://csronereporting.com/topic_3334
CSRone，整合性報告完整呈現企業價值，Available from：http://www.csronereporting.com/topic_1334
CSRone，球可以投得更準，如何將CSR報告書與創造股東價值作結合，Available from：http://www.csronereporting.com/topic_3307
吳世宗，勤業眾信專欄－整合性報告書時代來臨，Available from：http://udn.com/news/story/7243/1346229
蔡淑芬，整合性報告書財報編製新趨勢，Available from：http://www.chinatimes.com/newspapers/20151222000165-260205
黃曉雯，整合報告書體現企業價值，會計研究月刊第376期，p.50 Available from：http://www.accounting.org.tw/flptopic.aspx?f=68

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