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An Analysis of Dual Class Equity System - Taking Vanke as an Example

Published in Economics (Volume 6, Issue 4)
Received: 22 March 2017     Accepted: 30 June 2017     Published: 11 August 2017
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Abstract

The acquisition of Vanke Company by Baoneng group has aroused discussions between the theoretical circle and the real world on the dual class equity system. The development of multi-level ownership structure is a challenge and an opportunity for China's capital market. To research the dual class equity system in the angle of top-level design, we ought to make a change in giving the high-tech, high hit, and blue chip companies the choice of ownership structure in order to adapt the fierce competition environment. the dual class equity system reform level include the strict standards, regulate the entry criteria; strict rules of information disclosure mechanism, guarantee transparency of information and fair environment; defining the subject of management, improve the protection of small investors interest mechanism. We should make a useful exploration of the dual ownership system and continuously promote the reform of the shareholding structure in China.

Published in Economics (Volume 6, Issue 4)
DOI 10.11648/j.eco.20170604.11
Page(s) 44-47
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2017. Published by Science Publishing Group

Keywords

Ownership Structure, Dual Class Equity System, Vanke

References
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[4] Peng Peng. Institutional value interpretation and localization approach of dual ownership structure. Taking the partner system of Alibaba group as the breakthrough point [J]. Hebei University of science, 2016, (05): 166-174.
[5] Liu Zongjin. Analysis of the dual ownership structure of overseas listing of Internet based technology companies. Taking Jingdong as an example, [J]. accounting and communication, 2015, (34): 14-16.
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  • APA Style

    Gu Yu, Wang Boyu. (2017). An Analysis of Dual Class Equity System - Taking Vanke as an Example. Economics, 6(4), 44-47. https://doi.org/10.11648/j.eco.20170604.11

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    ACS Style

    Gu Yu; Wang Boyu. An Analysis of Dual Class Equity System - Taking Vanke as an Example. Economics. 2017, 6(4), 44-47. doi: 10.11648/j.eco.20170604.11

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    AMA Style

    Gu Yu, Wang Boyu. An Analysis of Dual Class Equity System - Taking Vanke as an Example. Economics. 2017;6(4):44-47. doi: 10.11648/j.eco.20170604.11

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  • @article{10.11648/j.eco.20170604.11,
      author = {Gu Yu and Wang Boyu},
      title = {An Analysis of Dual Class Equity System - Taking Vanke as an Example},
      journal = {Economics},
      volume = {6},
      number = {4},
      pages = {44-47},
      doi = {10.11648/j.eco.20170604.11},
      url = {https://doi.org/10.11648/j.eco.20170604.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.eco.20170604.11},
      abstract = {The acquisition of Vanke Company by Baoneng group has aroused discussions between the theoretical circle and the real world on the dual class equity system. The development of multi-level ownership structure is a challenge and an opportunity for China's capital market. To research the dual class equity system in the angle of top-level design, we ought to make a change in giving the high-tech, high hit, and blue chip companies the choice of ownership structure in order to adapt the fierce competition environment. the dual class equity system reform level include the strict standards, regulate the entry criteria; strict rules of information disclosure mechanism, guarantee transparency of information and fair environment; defining the subject of management, improve the protection of small investors interest mechanism. We should make a useful exploration of the dual ownership system and continuously promote the reform of the shareholding structure in China.},
     year = {2017}
    }
    

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    AU  - Wang Boyu
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Author Information
  • Department of Accounting, Beijing Wuzi University, Beijing, China

  • Department of Accounting, Beijing Wuzi University, Beijing, China

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