中国上市公司股权结构的复杂性,是中国资本市场潜伏着的一个重要风险源,是盘踞在中国股票市场健康发展和中国上市公司治理结构优化之路上的重要障碍。近年来,随着我国证券市场的稳步发展,股份回购作为一种金融创新,开始在我国上市公司资产重组中频频出现,它对于改进我国上市公 The complexity of the ownership structure of listed companies in China is an important source of risk lurking in China’s capital market and an important obstacle entrenched in the healthy development of China’s stock market and the optimization of the governance structure of Chinese listed companies. In recent years, with the steady development of China’s securities market, as a financial innovation, stock repurchase began to appear frequently in the assets reorganization of listed companies in our country.