In small - medium enterprises (SMEs) personality characteristics do not influence the Independent corporate governance decision-making of board members. Alternative hypothesis: The nature and the strength of the SME CEOs' personality characteristics influence that independence of the board decision-making in SMEs. Independent variable (i.e. A variable that is expected to influence the dependent variable = CEOs' scores on a recognized personality characteristic instrument such as the Minnesota Multiphasic Personality Inventory which is the most widely used in research standardised psychometric test of a dog personality and psycho pathology (Zikmund, Babin, Carr, & Griffin, 2010; Wikipedia, the free encyclopedia). Scale Name and description Aggressiveness: measures an individual's tendency toward overburden instrumental aggression that typically includes a sense of grandiosity and a desire for power. Psychoticism: measures the accuracy of an individual's in the representation of objective reality often associated with perceptual aberration magical ideation. Constraint: measures an individual's level of control over their own impulses, physical version, and traditionalism. Negative emotionality/eroticism: measures an individual's tendency to experience negative emotions, particularly anxiety, and worry. Introversion/low positive emotionality: measures an individual's tendency to experience positive emotions and enjoyment from social experiences (Wikipedia, the free encyclopedia). The 11 dependent variables board size; board members' gender mix (scale: 1 - 3; 1 = low; 2 = balanced; 3 = high); board members' length of service on this board (scale 1 - 3; 1 = <3 years; 2 = 3 - 5 3 =>5 years); board President's length of service in that position (scale 1 - 3; 1 = <3 years; 2 = 3 - 5 3 =>5 years); risk appetite of board members (scale 1 = risk adverse; 5 = high risk seeking); annual number of board meetings; annual number of CEO recommendations to the board for decision-making; annual number of CEO recommendations accepted by the board without any change (scale: 1 = minor; 2 = moderate; 3 = major); annual number of CEO recommendations accepted by the board with change (cale: 1 = minor; 2 = moderate; 3 = major); annual number of CEO recommendations not accepted by the board (scale: 1 = minor; 2 = moderate; 3 = major); CEO resigned \f