The essay analyzes the activity of public companies of China and draws the contrast conclusion, then explains the object choosing, the structure of share and agency, also including some suggestions.

本文通过对中国上市公司进行的并购活动所产生的绩效的考查，从并购对象的选择、股权结构以及代理问题三个方面研究，得出了相反结论，并提出几点思考和建议。

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