公司治理是企業永續經營的要件之一，本研究試圖以公司治理觀點建構台灣製造業企業財務危機評選指標，並將實證對象分為兩大群，第一階段針對企業財務危機、公司治理理論相關文獻進行回顧，且與公司治理領域實務代表進行意見訪談，共計3位實務專家，此階段主要目的係建構企業財務危機模式中各構面的評選指標，共包括4大構面及8個評選指標；第二階段針對20位公司治理領域的實務界專家以及學術界學者，運用分析層級程序法測量企業才務危機模式中各個評選指標的重要性與優先次序。 　　本研究主要發現如下：（1）第一層級包括4個主要構面，以「股權結構」之權重值最高（0.296），其次依序為「內部控制機制」之權重值（0.275）、「關係人交易」之權重值（0.245），以及「董監事結構」之權重值（0.184）。（2）第二層共有8個衡量指標，以企業管理者持股之權重值最高（0.149），其次是控制股東（家族）持股之權重值（0.147）。

　　Corporate governance is one of the basic functions of an enterprise. The purpose of this study is to construct the enterprise financial crises evaluation indictors for Taiwan manufacturing industry by corporation governance perspective. This study was conducted in two stages. First of all, we applied literature review (include enterprise financial crises and corporation governance theory) and in-depth interview (include three experienced professionals in corporate governance ) to construct all evaluation indictors for enterprise financial crises model. In addition, we extracted four measure constructs and eight evaluation indictors among the result. Second, we selected twenty experienced professionals and academics in corporation governance domain. Then, we used analytic hierarchy process to measure the importance and priority order for evaluation indictors. 　　The main results of this study are as following: (1) There are four measure constructs in first hierarchy process. The first measure construct is ownership structure (weight is 0.296) ,internal control system (weight is 0.275) , related party transaction (weight is 0.245) , and the last indication is board structure (weight is 0.184) ; (2) There are eight evaluation indications in second hierarchy process. The first evaluation indication is manager ( weight is 0.149) and the second evaluation indication is controlling shareholder (weight is 0.147) .