近期上海股市出现的上市公司收购、参股事件，给上海股市带来了强劲的冲击，不仅如此，而且为国内金融界、法律界、理论界、管理层提出了新课题。各方人士对于“公司购并”所作的措手不及的反应，说明我们对此研究不足。公司购并在一个有成熟证券市场的经济社会中，是企业管理 The recent acquisitions and shareholdings of listed companies in the Shanghai stock market have brought a strong impact on the Shanghai stock market. Not only that, but also raised new topics for the domestic financial community, legal community, theorists and management. The unexpected response of all parties to the “merger of companies” shows that we are not sufficiently aware of this issue. Corporate mergers and acquisitions in a mature economy in the economic community, is business management