自1984年河北省保定市首开新中国企业兼并的先河以来，企业兼并作为一种资产流动重组的方式，在打破我国经济生活中的资产存量刚性、矫正产业结构失衡、提高资源配置和使用效率中发挥了不可或缺的作用。但在我国企业兼并的实践中也存在两种明显的偏颇。一是政府部门把企业兼并 Since 1984, when Baoding, Hebei Province, was the first to merge new Chinese companies, mergers and acquisitions as a means of reorganization of assets, breaking the rigidity of asset stocks in China’s economic life, correcting imbalances in industrial structure, and improving resource allocation and use efficiency Play an indispensable role. However, there are two obvious biases in the practice of corporate mergers in China. The first is that government agencies merge companies