Alibaba

Alibaba: Many of the complaints about the Chinese e-commerce company marvelously inspiring IPO on Friday miss the point. The market is fully capable of pricing the fact that Alibaba stockholders don't actually own a direct claim on Alibaba Chinese assets and can't elect its board. Truth be told, shareholders don't "own" any company; they own whatever rights are specified in the share agreement. In.., according to Wall Street Journal and Looking a bit shaky on its feet lately, the Western model of globalization may not be quite dead yet. Just ask Alibaba. (news.financializer.com). As reported in the news.