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Questions: 1.Is the board structure in Alibaba appropriate? Are the shareholders adequately represented on the board based on their Ownership? 2.What problems do you perceive might exist in Alibaba's board in terms of decision-making processes, with particular reference to the Aliplay Case? 3.Have Yahooa's executives fulfilled their duties as directors on Alubaba,s board? If not, what could be some of the possible reasons? Answers: Alibaba Group Holding Limited The Chinese company named, Alibaba Group Holding Limited,is anE-Commercecompany, which is engaged in providing,business-to-consumer,business-to-business andconsumer-to-consumer services of sales throughthe web portals ("Alibaba Group", 2017). It is also engaged in providingpaymentservices through electronic devices, services relating to data-centriccloud computingand a search engine related to shopping. Answers based on the case study 1.The Board structure in Alibaba Group Holding Limited In the Alibaba Group Holding Limited, the control is assumed to be secured permanently, by the insiders group, who are recognized as Alibaba Partnership. Either they are the managers of Alibaba Group or other companies that are related (Trong 2012). The Partnershipof the said company would have an exclusive right of nominating the candidates for the majority of board seats. In addition, if a Partnership does not succeed in obtaining the approval of the shareholder for the candidates, this would lead in the entitlement of its absolute individual discretion. Any additional approval of the shareholder would not be required, for the unilateral appointment of the directors. Therefore, it was made sure that the appointed directors have the maximum board seats. However, one thing that has to be taken into consideration is that, the investors who intend to take part in the Initial Public Offering of Alibaba must be aware of the possibility of exposure of danger relating to the substantial governance risks that would be taken up by them. Alibabas structure does not provide adequate protections to public investors. According to the structure of Alibaba, adequate protection has not been provided to the public investors. Therefore, the shareholders have not been represented adequately on the board based on their ownership. 2.Problems existing in Alibabas board with reference to Alipay case The public investor should not only worry regarding Alibabas divestment of Alipay which benefited Mr. Jack at the cost of Alibaba, but also regarding the conditions of the upcoming transactions between Alipay and Alibaba. As Alibaba depends on Alipay for the purpose of conducting significantly all the payments being processed in the marketplace, the said terms are significant for the future success of Alibaba. Mr. Jack Ma holds a large portion of the equity capital of Alipay, than the equity capital of Alibaba, as he would be benefited economically from the conditions that would be unfavorable to Alibaba. In fact, the initial public investors prospectus acknowledge that John Ma may act for the purpose of resolving Alibaba-Alipay conflict not in favor of Alibaba. 3.The duties of the Executives of Yahoo! As directors on Alibabas board The founder of Yahoo, Jerry Yang played an important role in the listing of Alibaba. The duties of the executives of Yahoo were fulfilled as the directors on Alibabas board. Yet after the refusal of Internal Revenue Service in the month of September for granting its approval of tax-free by-product or result, that has been recommended toYahoos for the $32000000000 stake in Alibaba, the Chinese massive E-commerce company. The CEO of Yahoo, Marissa Mayer was confident to go ahead with the proposed deal. In the later part of October, Ms. Marissa, the chief executive of Yahoo,said that the preparation was on, and the planning was ongoing, to the shareholders. However, the previous week, when Board of Yahoo met for reviewing the January spinoff that was designed, it decided to cancel the deal. On the following Wednesday,it was announced by the board that a result of its central business of Internet would rather be pursued by Yahoo, departing from the stock of Alibaba in the former company. While the Boards of Yahoo said that as earlier, it assumed that the company would be prevailing in any of the disputes related to tax, several individuals on Wall Street were concerned about daring Sam Uncle over a likely $10000000000 tax bill was a huge risk, furthermore the worries were discouraging stock prices of Yahoo. It was apparent that a certain amount of uncertainty was caused in the market. Figure 1: Tracking the IPOS (Source: Rosier 2014). References Alibaba Group. (2017).Alibabagroup.com. Retrieved 21 October 2017, from https://www.alibabagroup.com/en/about/overview Rosier, K. (2014). The risks of Chinas internet companies on US stock exchanges.US-China Economic and Security Review Commission Staff Report,18. Trong Tuan, L., 2012. Corporate social responsibility, ethics, and corporate governance.Social Responsibility Journal,8(4), pp.547-560.