政府「兩兆雙星」重要政策之一的「影像顯示」產業,近年來逐漸步入產業成熟期。然而光電產業是現今台灣科技產業重要發展的重心,對台灣科技業占有舉足輕重的地位,無奈於2007年至2008年間受到全世界金融海嘯的襲捲,台灣光電產業遭受到嚴重打擊,為使光電業在這波受創嚴重的風暴中站起,繼續扮演經濟發展推手的重要角色。本研究即針對2004年至2008年台灣上市企業,包含TFT-LCD產業、LCD關鍵零組件產業、LED產業及光學元件產業,結合資料包絡分析法(Data Envelopment Analysis; DEA),利用視窗分析模式探討企業在五年間的跨期效率值,並從資本結構觀點剖析台灣光電產業在樣本研究期間的經營效率,找出具前緣效率的企業,為績效不佳的企業進行績效改善。實證研究發現,研究樣本中有許多高效率企業負債比率相對無效率企業低,且財務槓桿指數均大於1;相反的,無效率企業的負債比率相對高效率企業為高,且財務槓桿指數多屬無意義甚至小於1,表示股東權益報酬率及資產報酬率均為負值。最終針對光電產業專家做訪談並整理出21項績效衡量指標,根據Kaplan and Norton(2001)平衡計分卡觀念建置台灣光電產業之策略地圖,以供政府及業界作為參考。
The government “Two Trillion, Twin Star,” one of the major policies, “LCD” industry, gradually matured in recent years. Optoelectronics industry is the most important technology industry in Taiwan. In 2007 to 2008, optoelectronics industry faced the financial crisis severely affected in Taiwan. In order to make optoelectronics industry in severe financial tsunami recovery, and continue to play the role of economic development. This study is from 2004 to 2008 in Taiwan listed companies, including TFT-LCD industry, LCD components industry, LED industry and optical components industries. This paper discusses the performance evaluation for optoelectronics industry in Taiwan in the last five years based on the perspective of capital structure. To find firms of efficient frontier, for the inefficiency enterprises improve performance. There are many higher efficient firms lower than inefficient firms in debt ratios relatively and financial leverage indicator is also greater than 1. Conversely, inefficient firms higher than efficient firms in debt ratios relatively, and financial leverage index are less than 1. That represents return on equity and return on asset are negative. Finally, interviewed the experts of the optoelectronics industry, and sorted the 21 performance measures. According to the concept of Balanced Scorecard and constructing the Strategy Map of optoelectronics industry in Taiwan for the government and the industry as a reference.