Alibaba.com owner Jack Ma is removing his company from the stock-market listing. His reasoning for doing this is to free the company from market expectations, earnings visibility, and share price fluctuations. He said a big part to do with why he did so is because with the recent drop in his share price, it could adversely impact employee morale. Mr. Ma has to buy out all the investors. I found this article interesting because I have purchased stuff from Alibaba.com and have generally been happy with what I've bought. However, in the readers comments I noticed one reader say something about the problem of having dishonest managers etc. I agree that without honesty and integrity it is very, very hard for any business to succeed.
Kirk Robison
http://www.economist.com/blogs/schumpeter/2012/02/alibabacom
This article makes a very good point. It is good that Ma is taking action and preventing problems from escalating. This shows great leadership.
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