The purpose of this study is to set up a new enterprise crisis improvement model for corporate governance based on the hybrid MADM model, which addresses on the main causal factors and amended priorities in order to reduce the occurrence of corporate crises. In this study, we present the use of a new hybrid MADM combined with a DEMATEL technique to construct an influential network relationship map (INRM) and find the influential weights of DANP in criteria from the influential relationship matrix, as well as the modified VIKOR method using influential weights, to evaluate and integrate the criteria performance in the gaps. This study also analyzes how to reduce the gaps to evaluate the decision for improving corporate governance effects based on INRM. This method provides decision-makers with a way to formulate improvement strategies. The results show that the overall average gap of corporate governance is 0.501 (signaling a crisis on the 0 to 1 scale). To remedy this issue, much bigger gaps are needed for improvement in each criterion. The implication is that Taiwan's current financial industry corporate governance system is too weak and needs to be strengthened, reengineered, and transformed.
