The existence and development of credit checking industry ensures the further standardization of the order of the market-orianted economy, and it is also the urgent need as China joins the WTO.

The existence and the development of enterprise credit checking industry was the guarantee to further standardize our market economic order.

This paper conducts a through empirical study on industrial characteristic of cash dividend policy.

This paper classifies the Chinese listed companies according to CSRC s industry classification standard,and conducts a through empirical study on the industrial characteristic of capital structure.

An Empirical Study on Industrial Characteristics,Ownership Structure and Firm Performance;

Then, using the input indexes factor scores, output indexes factor scores and efficiency scores as dependent variable separately, and other industrial characteristics as independent variable, .

The enterprise must investigate its inner industrial characteristics and outer industrial characteristics and exercise them in the management of the corporate governance cultur.

Firstly, we identified competencies basing on industry characteristics, then revised and perfected these indexes and definitions through Delphi method.

The paper applies parametric and non-parametric test,descriptive statistics to systematically study the relation between industry characteristic and capital structure.

There are remarkable differences in firm s characteristic and industry characteristic between high-correlative and low-correlative industry transition.