Case Study On The Control Rights Competition Of CHINA VANKE CO.,LTD

In 2015,another incident in China's financial market revolved around the acquisition of an equity in a listed company and then contending for control of it,that is,disputes over the control of Vanke.This case has basically ended in two years from 2015 to mid-2017.During the period,“Bao Neng Department”,Vanke Company,China Resources Group,Evergrande Group,Shenzhen Metro and several other group companies were involved in the competition for the company's shares and control rights.This led to extensive discussions in various sectors.Researchers have conducted a lot of analysis and discussion on such areas as corporate governance,acquisitions,sources of acquisition funds,and organizational methods.This paper plans to sort out Vanke's control over the control of the company and further analyze the reasons and measures of all parties to elaborate the outcomes of the main competition for all parties' decisions,and the subsequent impact of the prospective event.Some suggestions for avoiding competition for control of the company provide reference for the development of Chinese companies.This article will be divided into four parts for detailed analysis.The first part reviews some theories related to the control rights,the private benefits of control rights,and the competition for control rights.These concepts are described and defined in a relatively detailed and comprehensive manner.The second part is a review of the complete process of Vanke's control over the control of the case and a detailed description of the cause and effect of the case.The third part is an analysis of the case,combining case-related theories,focusing on Vanke Corporation.The reasons for the fight for control,the measures taken by the main contestants and the final results,as well as the impact of the case,will be elaborated.The last part of the fourth part is about the revelations and conclusions of this case,and tries to put forward some opinions and strategies for avoiding the competition for corporate control and maintaining the founder's control over the company.This article conducts a case study on Vanke's control disputes,on the one hand,it hopes to provide some reference and reference for other personnel engaged in the research;on the other hand,it can also provide other control rights acquisition events that occur during the development of Chinese companies.Measures,whether as a way to maintain the right of control of the company for the founder,or as an external investment agency to optimize the company's shareholding structure through the rational use of rules to achieve the purpose of obtaining control of the company,or as a way for the majority of small and medium shareholders to protect their own rights and interests Positive thinking and inspiration.In addition,this article also proposes some suggestions to the supervisory level to improve the corporate governance of China and the status quo of financial market supervision.We hope that as a participant in the capital market,whether it is for small and medium shareholders or new external institutional investors,All should have a more robust and transparent investment environment.