中文摘要：

董事会作为公司治理的重要机构,其特征对上市公司高管的稳定性有重要影响。利用SPSS13.0实证检验发现,董事会特征对于控制权转移后的高管更替有内在影响：董事会成员持股对高管更替有显著的负向影响,独立董事的比例反向调节高管的更替情况,现代企业治理结构倡导的两职分离对于高管更替的影响不显著。

英文摘要：

Board of Directors（BOD） is regarded as an important institution of corporate governance and the characteristics of it have significant influences on the stability of executives in listed companies.With the help of SPSS 13.0,our empirical test found that the characteristics of BOD have inherent influence on executive turnover in listed companies engaged in control transfer.Here are some conclusions：firstly,the stock holding of board members has a significant negative impact on executive replacement;secondly,reverse proportion of independent directors regulates executive turnover and the two positions advocated by the modern corporate governance structure have no longer significant influence on executive turnover.