On the New York Stock Exchange Alibaba debuted in 2014 developing one of the largest IPO in history but also desiring to list on Hong Kong Stock Exchange was rejected because of the want to maintain its associate's management over decision rights of the company's. Why did Hong Kong refuse Alibaba's requests to record dual-class shares or to let its partners turn away a celeb in Alibaba, to nominate a large part of the board of directors, and in the procedure? Why did American stock markets approve of the governance structures of Alibaba, despite the cautions of several governance specialists? How will the investors confirm that their capital will be deployed effectively by top level management of the company?
PUBLICATION DATE: December 12, 2014 PRODUCT #: 115C02-HCB-CHI
This is just an excerpt. This case is about FINANCE & ACCOUNTING