Damping may change the response characteristics of nonlinear oscillations due to the parametric excitation of a thin cantilever beam. When the natural frequencies of the first bending and torsional modes are of the same order of magnitude, we can observe the one-to-one combination resonance in the perturbation analysis depending on the characteristic parameters. The nonlinear behavior about the combination resonance reveals a chaotic motion depending on the natural frequencies and damping ratio. We can analyze the chaotic dynamics by using the eigenvalue analysis of the perturbed components. In this paper, we derived the equations for autonomous system and solved them to obtain the characteristic equation. The stability analysis was carried out by examining the eigenvalues. Numerical integration gave the physical behavior of each mode for given parameters.