本研究旨在探討公平價值會計的實施及金融危機的爆發，企業對衍生性金融商品操作是否會有不同的考量。本研究以2005年至2008年上市公司為樣本。實證結果指出，事件的發生並不影響企業使用衍生性金融商品的意願。事件發生前後經濟規模、未來成長性投資機會、財務危機的機率及成本及以出口為導向是企業決定是否使用衍生性金融商品的主要考量因子。避險決定因子的差異於2007年金融危機發生時財務危機的機率及成本，並非企業使用衍生性金融商品避險的考量因子，呈不顯著的正相關。

The purpose of this study is to examine the firm's operations whether derivatives will have different considerations under the SFAS No.34 and financial crisis. Using the examples between 2005and 2008, Taiwan's firms listed on TSEC. Empirical results show that the incident did not affect the use of derivatives will. In general, economies of scale, growth options, financial distress and degree of risk exposure are factors that influence the use of derivatives will during the study period. However, when the financial crisis of 2007 financial distress, not companies use derivatives hedging considerations factor, was not significantly correlated.