The purpose of corporate governance is to establish appropriate internal and external mechanisms for the protection of company funds equity providers and the creation of corporate value. The Board of Directors is the corporate governance of the internal core, this study focused on the structural characteristics of the board of directors and the relationship between corporate performance. In this study, the SME board in Shenzhen listed companies with the scope of the study, set for the analysis of 2006-2008 data. Hope that through this study, regression analysis of data and methods, to increase China's family business succession and governance and assessment of understanding.