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| Motivation and Influential Factors of Financial Capital Taking Over Controlling Right of the Industrial Capital:Evidence from Shanghai Jahwa |
| Yu Ji'an1,2, Fan Shuya1, Zhao Hongyan1 |
1.School of Economics and Management,Beijing Forestry University,Beijing 100083China;
2.School of Economics and Management,Tsinghua University,Beijing 100084,China |
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Abstract After Shanghai Jahwa Group,which is a symbol of the reform of state-owned enterprises and one of the few local enterprises that can compete comprehensively with multinational companies in the domestic daily chemical industry,was taken over by PingAn Trust Co.,Ltd,fighting for controlling right happened between PingAn Trust and Mr.GE Wenyao representing corporate patriarch because of differences and contradictions in enterprise operation and internal management.As financial capital,PingAn Trust tended not to participate in management of the strategic invested objects,but it took over the company after strategically investing Shanghai Jahwa.The process of fighting for controlling right between PingAn Trust and Mr.GE Wenyao will be analyzed by studying motivation and influential factors that PingAn Trust took over Shanghai Jahwa
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Received: 10 August 2015
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2016, Vol. 0 
