This study is to research the current corporate reorganization theoretically and practically. And there are nine categories of the process including ¡§the qualified targets,¡¨ ¡§the qualified reasons,¡¨ ¡§the reorganization-filing,¡¨ ¡§the court decision,¡¨ ¡§the execution and supervision institutions,¡¨ ¡§debters¡¦, creditors¡¦ and shareholders¡¦ rights,¡¨ ¡§reorganization plan,¡¨ ¡§the accomplishment¡¨ and ¡§the termination.¡¨ In addition, there are four practical cases including Tong Lung Metal Industry Co., Ltd, Kuei Yi Industry Co., Ltd, Chinese Automobile Co., Ltd, and Ban Yu Paper Mill Co., Ltd. To conclude, the finding of this study are followed: the assignment of reorganizaters has to take the needs of corporation management and the stakeholders into account, the auditors ought to have the professional knowledge of corporation management and corporate reorganization and the assignment also have to take stakeholders into consideration, owing a certified accountant license is not adequent caouse to be an inspector, prepackaged reorgazination is helpful to the process of corporate reorganization, the advisory organs¡¦ suggestions are for court¡¦s reference, the net value and shareholder structure of the corporation have influences on the shakeholder conference, there ought to be a time limit on the agreement of reorganization plan, and there ought to be a specific time to vadicate the net value.