With the real estate listed corporations as a sample from 2000 to 2012, this paper makes an analysis on the impact of ownership structure, board governance, executive incentive on firm performance from micro perspective. The results show that that the corporation governance has a significant influence on firm performance. With corporate governance ranking index G1 and firm performance ranking index JX as factor analysis method, this paper makes a review on the relationship between corporate governance and firm performance from macro perspective. The results find that promoting the corporate governance ranking would bring significant positive effect to firm performance.