中国引进MBO主要是希望能给国有企业改革提供一条低成本的路径。近几年在中国已经有数十家企业(包括上市公司与非上市公司)成功的实施了MBO,而正在讨论和计划实施的企业数量众多。人们认识到MBO可能对我国企业产权结构调整、提高经营管理效率以及社会资源的优化配置产生重大影响,但在MBO实际中产生的诸如暗箱操作、定价过低和国有资产流失等问题也引起了对MBO的众多质疑。 The introduction of MBO by China mainly aims to provide a low-cost path to the reform of state-owned enterprises. In recent years, dozens of Chinese companies (including listed companies and non-listed companies) have successfully implemented MBO in China, and there are a large number of enterprises under discussion and planning. People realize that MBO may have a significant impact on the adjustment of the structure of property rights in enterprises in our country and on the efficiency of operation and management as well as the optimal allocation of social resources. However, issues such as black-box operations, low pricing and the loss of state assets have also been caused in the practice of MBO. MBO many questions.