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 .
