自民國七十六年之開放天空政策實施以來，放寬新業者加入、增闢新航線、及允 許業者實施彈性票價，使國內航空業之市場逐漸趨於競爭的型態。航空業者在此一政策的衝 擊下，莫不致力於研擬有效之營運策略與改革方案，以促使資源有效利用，提升公司的整體 營運績效。由於主管人員及管理結構位屬企業的核心地位。掌控企業的策略走向及監督所屬 員工，故本研究企圖探討公司之主管人員、管理結構與其整體營運績效之間的關係，及了解 其對整體營運績效的影響程度、本研究將所要探討之變數區分為核心主管特性、控制結構、 企業股權結構及其它四類外生變數、內生營運變數以及整體營運績效變數三大類，以各公司 民國 77 年至 83 年之經緯資料 (Panel data) 建立迴歸模式， 並以兩階段最小平方法 (2SLS) 加以校估。 實証分析之主要結論如下：（ 1 ）核心主管 (CEO) 的年齡、教有程度 及任職時間透過對債權比率的適當控制而對整體營運績效呈正面的影響效果； （ 2 ）核心 主管雙元性對純益率、投資報酬率及經營比率三個整體營運績效指標顯示會產生負面的影響 ； （ 3 ）由於需求量大幅成長，各業者都在擴充階段，因而員工規模及飛行班次的增加， 對整體營運績效均呈正面效果。

　　　　　 Since the announcement of the "Open Air Policy" in 1987, the domestic airline industry has rapidly boomed with new airlines established, new air routes opened, and the flexibility of ticket pricing stimulating keen competition in the airline market. Under the impact of the new policy, domestic carriers have tried to adjust their operating strategies to improve efficiency and to increase total operating performance. Because the CEO strongly influences a company operating strategy, this study aims to analyze the relationships among a carrier managerial structure, managerial effectiveness and total operating performance. We use four types of exogenous variables (managerial characteristics, administrative structure, stock holding structure, and other exogenous variables ) along with endogenous operating characteristics variables to measure a carrier total operating performance. Regression models are applied in the analysis based on carrier panel data. The major findings include: (l ) The Chairman and CEO age, education level, and tenure in the company all have positive effects on operating performance; (2 ) Individuals holding multiple positions of chairman, chief executive officer, and/or president has a negative effect; and (3 ) Increasing numbers of labors and departures flight will increase the total performances.