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| Characteristic of Board and Corporation Governance :an Analysis From the Sides of Debt Capital Determination |
| HU Yuan-cheng CHENG Jian-wei |
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Abstract With the data of 3003 listed companies from 2003 to 2005,this thesis analysis the role of board from the Sides of Debt Capital Determination.we find a positively relationship between CEO duality and leverage. we find a nonlinearity relationship of revised U type between the times of board meeting and leverage. The characteristic of board have more effect on leverage and have no sigenficient effects on debt maturity structure.
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Received: 06 June 2008
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2008, Vol. 1 
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