| dc.description.abstract | This research focused on the parameters which impacted the Business Operational Performance of Taiwan LED industries. The data was collected from Taiwan Economic Journal CO. (TEJ) and targets for 21 TSE & OTC listed companies. Period of Data was collected from first quarter of 2003 to second quarter of 2009 accounts for total 26 seasons. Empirical regression analysis was carried out with TEJ panel data. Two main parameters were considered in this research. One parameter was industry structure including Market Share and Capital Intensity, and the other was factory behavior including Research & Development Intensity, Research & Development Growth Rate, Investment Intensity, Sales growth rate, Debt ratio, Financial Crisis, and so on. ROE (Return On Equity) and EPS (Earnings Per Share) are the indexes adopted for this study to evaluate company performance. Accroding to the empicical analysis results, we found the conclusions as blow: (1) Based on the samples of the whole LED industry, the market share, capital intensity, revenue growth rate, investment intensity, debe ratio and finanical crisis achieved significant levels, (2) For the samples which are in the upper/middle stream of LED industry, the market share, capital intensity, revenue growth rate, investment Intensity and finanical crisis achieved significant levels, (3) For the samples which are in the lower stream of LED industry portion, the market share, capital intensity, revenue growth rate, investment intensity, debe ratio and finanical crisis achieved significant levels.
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