一、我国国有中小企业管理层收购存在的风险由经营者和职工持股会控股的企业是改制中存在的一种普遍模式。这种内部人收购的方式,往往存在很大程度的暗箱操作以及很大的腐败寻租空间。往往容易造成国有资产流失,必然会给社会和经济的 First, China’s state-owned SME management buyout risk by the operator and employee holding shares of the controlling enterprises is a universal model exists in the restructuring. This kind of insider acquisition often has a lot of black-box operations and a lot of corruption rent-seeking space. Often easily lead to the loss of state assets, is bound to give social and economic