在中国特殊的和不完善的资本市场的环境下,政府参与上市公司资产重组是必须的,也是不可避免的。 在中国上市公司资产重组中,很多并不成功,其中政府应在很大程度上承担责任。因为在政府做的工作不足够的情况下,要想让中国资产重组达到帕累托改进,是不可能也是不现实的。也就是说政府不做足功夫的情况下,上市公司资产重组成功的只能是少数,部分企业的资产重 Under the circumstance of China's special and imperfect capital market, it is necessary and inevitable for the government to participate in the reorganization of listed companies' assets. Many of the listed companies in China have not succeeded in reorganization of their assets, and the government should assume a large degree of responsibility. Because it is impossible and unrealistic for Pareto to improve the reorganization of assets in China if the government does not do enough work. In other words, the government does not do enough hard work, the success of listed companies reorganization of assets can only be a minority, part of the assets of enterprises