ELA, Volume 4, pp. 19-31, August 1998, abstract. On the Characteristic Polynomial of Matrices with Prescribed Columns and the Stabilization and Observability of Linear Systems Susana Furtado and Fernando C. Silva Let A in F^{n times n}, B in F^{n times t}, where F is an arbitrary field. In this paper, the possible characteristic polynomials of [A, B], when some of its columns are prescribed and the other columns vary, are described. The characteristic polynomial of [A, B] is defined as the largest determinantal divisor (or the product of the invariant factors) of [xI_n-A, -B]. This result generalizes a previous theorem by H. Wimmer which studies the same problem when t=0. As a consequence, it is extended to arbitrary fields a result, already proved for infinite fields, that describes all the possible characteristic polynomials of a square matrix when an arbitrary submatrix is fixed and the other entries vary. Finally, applications to the stabilization and observability of linear systems by state feedback are studied.