After long-running battles for control over the Group, Alibaba Group Holding Limited (hereinafter referred to as Alibaba or the Group), headed by Jack Ma, finally introduces a “partnership” system that allows its founding partners and senior executives to appoint the Group’s directors. However, in its initial public offering (IPO) process, this system has been repeatedly challenged by supervising authorities. Does this “partnership” help maintain the stability of the Group and promote long-term profit maximization for its shareholders? Or does it hurt the interests of small investors? Faced with various difficulties and challenges along its road to an IPO, Alibaba’s top management is contemplating how to defend its institutional innovation.
“Partnership” System and Road to an IPO: Alibaba’s Strategic Decision-Making
- Author: , &
- Publisher:Renmin University
- Publication year:2018
- Online pub date:
- Discipline: Managing Conflict in the Workplace, Organization Development, E-Commerce
- Contains:Teaching Notes
- Length:4,567 words
Region:Eastern AsiaCountry:ChinaOrganization:Alibaba Group Holding LimitedOrganization Size:Originally Published In:2017). “Partnership” System and Road to an IPO: Alibaba’s Strategic Decision-Making. Beijing, China: Renmin University Business School., , & (Type:Online ISBN:9781529761252Copyright: © 2018 Renmin Business School. All rights reserved.