Question: According to the attachment file about google IPO, please answer the following two questions. Thank you! 1.How do markets perceive major competitive threats? 2.How much

According to the attachment file about google IPO, please answer the following two questions. Thank you!

1.How do markets perceive major competitive threats?

2.How much should corporations protect themselves from financial markets?What are the advantages and disadvantages of protection mechanisms suchas dual-class equity structures?

According to the attachment file about google IPO, please answer the following

For the exclusive use of L. Wang, 2016. !"#185 INTERNATIONAL )*+'(*%%*'&&, ! -./-0.!12+34.+56/+24427/+!-48+ 0+./947:5!41+!1+56/+"0;!12$ "##$%&! '(! )#*! +! ,#)-&)*'#)+%! ,#./+)01! 2&! 3#! )#*! ')*&)3! *#! 4&,#.&! #)&1! 5+660!7+$&8!5&**&6!96#.!*:&!;#?)!@A)&6B(!C+)?@ABC>D@=+ 2:&)!5+660!7+$&!+)3!E&6$&0!G6')!(&*!#@?I+@G+2@@JKF+ Q'(*#60!A+(!.+3&!')!C+6,:!FRRS!A:&)!7+$&!+)3!G6')8!*A#!7:T! ,#./96'&)3(! +)3! 9+.'%0D! +)3! 4$I,/$/,$;4$1-45$,3$3423,51745$G*/6,1/$ G3*//4+$243C*--*,+$5*347/$93,C$!"#>$ !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! F P !E#,#./+,*! (*6')$! 6&/6&(&)*+*'#)! #9! *:&! %#,+*'#)! 9#6! +! 6&(#MF+N@OPF>D>D@=+D=+/L?KI+'&&,+ "##$%&!A+(!:'$:%0!(C',6#(#9*! A'%%! '),6&+(')$%0! (&+6,:!A+6(DFF!')!&+6)&(*!')!;&46C',6#(#9*! +)3! [+:##l.+0! :+-&! +! $6&+*&6! +4'%'*0! *#! +**6+,*! +)3! 6&*+')! lO)*&6)&*!+3-&6*'(')$!,#./+)'&(!+)3!3&(*')+*'#)! A&4! ('*&(! *:+*l4+D=+/L?KI+'&&,8+RSML>+L+#DGGF?F=CF+L+TFL?+"LQFHU%,+ e&*(,+/&B(!%+)3.+6J!3&42&%,#.&!*#!*:&!"##$%&!T&(J*#/mD!dY!?/6'%! PNN^f1! FN !>"##$%&!U6+A%(!9#6!+!2+0!*#!E*+0!?:&+31D!R*+0+7*0E#)! #9! e&*(,+/&1DFY! E&-&6+%! +)+%0(*(! 6&.+6J&3! #)! *:&! ('.'%+6'*0! 4&*A&&)! +! "##$%&! O7@! +)3! *:&! #6'$')+%! e&*(,+/&! '((4'$$&68!4&**&6!*&,:!4##.D!)#6.+%D! ,'6,<. o7 a : a: q . e c>OF=>+EL=QHV+>MF+!-4+-?@CFHH+L=A+R7FL)D=J+"@=FI+@=+>MF+5LWKFU''+ U:&! 6&$E*6?!G'$$&68!G&**&6!U&,:!G##.mD!Q6,C-,+$&45*08!FW!;&46"##$%&(,+/&=!?6&!A&!Q&+3&3!9#6!GO*B(!e#*!"##$%&8!G?)+%0('(=!2'%%!2+%%!E*6&&*!U5+A! +)3! ;')+),&1D! U,13+05&$+%!T&*&6.')+)*(!#9!]`*&6)+%!;')+),&1D!U,13+05&$+%! 76#*&,*'#)(! 9#6! O)-&(*#6(=! ?! 76'#6'*0! 9#6! *:&! Q&.'(/:&6&1D! d')! >5&$+%! Q+6.#)'H+*'#)! ')! *:&! ?.&6',+(=!G;')+),'+%!E*6D@=8!A:&6&40!*:&!%&+3!d#6!.+)+$')$f! ?DWB>D@=8!A:&6&40!*:&!$6&&)I(:#&D!#6!#-&6I+%%#*.&)*!#/*'#)(PSfi!+)3!CF?>DGDCL>D@=!#9! *:&! _6#+3I(:#A(Df8!A+(!*:&!.#(*!,#..#)!A+0!*#!.+6J&*!+)3!/6',&! O7@(!')!*:&!KE1!2:'%&!O7@(!#4#4&(*I&99#6*(! #99&6')$8D! A:&6&40! *:&0! 4&+6!)#!6'(J!9#6!E#.&!;+,*#'3(!+4#4?! V&-'&A! #9! O7@! ?,*'-'*08! 76',')$! +)3! ?%%#,+*'#)(1D! [+%&! O\\;! 2#6J')$!7+/&6!e#1!NPINF8!Z!;&46]`I96'&)3(!#9!;6+)J1D!Q64$S7,+,C*-/8!PW!E&/*&.4&6!PNNP1! MM !G0!A+0!#9!,#./+6'(#)8!(/'))')$1DMY! Q64$ S7,+,C*-/8! ,#..&)*')$! #)! +)! ')-&(*'$+*'#)! #9! nMF+NF=>B?I_;6'&)3%&((!;6+)J1D!Q64$S7,+,C*-/8!W!C+0!PNN^1! MR !E#2:+*B(!"##$%&!V&+%%0!2#6*:mD!(1-*+4--$T44P8!MN!@,*#4&6!PNNM1! ^F !Q64!)-*0+$T0?)! @A)&6B(! C+).#3'9'&3! T6',:1D^P!?*!*:&!/&6!&)38!"##$%&B(!-+%.+J&!*:&'6!_2&! A#)B*! o(.##*:B! _$#!/,#)(&6-+*'-&D!LPR!4'%%'#)!-+%f! ?(&6D! -#*')$! 6'$:*(! A&6&! +! /6&(&6-&! #9! *:&! ,$##3D! ,#6/#6+*&!$#-&6)+),&1!U:&0!+6$L>D@=H+%+ 2@@JKFYH+/XFCB>D)F+4GGDCF?H+L=A+#D?FC>@?H+ ZLH+AFHC?DWFA+D=+[/N+GDKD=J+@G+0P?DK+'\\V+'&&,]! ! !! 1LOF+ -@HD>D@=+ 0JF+ 6',!E,:.'3*! ^Z! \\:+'6.+)!#9!*:&!]`&,$ '31CC,+5! :+(! (&6-&3! +(! #$J,-4+;43=!:+(!(&6-&3!+(!#$ (3,G+! :+(! (&6-&3! +(! #$U,6+$',433!:+(!(&6-&3!+(!+!.&.4&6!#9!#$V4++4--?!:+(!(&6-&3!+(!+!.&.4&6!#9!#$E48*+-,+$:+(!(&6-&3!+(!+!.&.4&6!#9!#$W/4$J0C$F63*30C!:+(!(&6-&3!+(!+!.&.4&6!#9!#+'+ [ML?F+4^=F?HMDP+@G+2@@JKF+/XFCB>D)F+4GGDCF?H+L=A+#D?FC>@?H+ ZLH+L>+"LI+_%V+'&&,]+ ! !! E:+6&(!G&)&9','+%%0!@A)&3! 76'#6!*#!@99&6')$! !! \\%+((!?!E&)'#6!\\#..#)!E*#,J! E:+6&(! j!U#*+%! h#*')$! 7#A&6!!dFf! j! e+.&!#9!G&)&9','+%!@A)&6!6',!E,:.'3*! F^8YSZ8WNN! S1Z! W1F! E&6$&0!G6')! MZ8^ZR8N^Z! FS1F! FS1Z! 5+660!7+$&! MZ8SRM8YNN! FS1P! FS1R! ^8ZFN8SPN! F1R! P1N! @.'3!a#63&(*+)'! 2+0)&!V#(')$! 51!c#:)!T#&66!+)3!a7\\G!Q#%3')$(!O),1! c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`+ 5MF+2K@WLK+4=KD=F+[FL?CM+"L?QF>+ + .L=Q+ [FL?CM+/=JD=F+ "L?QF>+[ML?F+ C+0!PNN^ C+0!PNNM ?/6'%!PNNP! F1! "##$%&! SW1^j! SS1Pj! ^W1Sj! P1! [+:##! PF1F! PF1Yj! PN1Wj! M1! CEe!E&+6,:! R1Pj! R1Wj! Y1Zj! ^1! ?@5!E&+6,:! M1Zj! M1Zj! F1Wj! S1! U&66+!50,#(! P1Nj! P1Wj! ^1Wj! W1! ?%*+-'(*+! F1Yj! P1Pj! W1^j! Y1! ?(Jg&&-&(! F1Yj! F1Sj! I! + + "F>M@A@K@JI+ ?!$%#4+%!+(! N@=H@KDAL>FA+ELKL=CF+[MFF>H+ZD=+>M@BHL=AHV+FXCFP>+PL?+)LKBF]+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + ! ! E#+a+ N@=H@KDAL>FA+[>L>FOF=>H+@G+!=C@OF+ZD=+>M@BHL=AHV+FXCFP>+PF?+HML?F+LO@B=>H]+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + E#+b+ N@=H@KDAL>FA+[>L>FOF=>H+@G+NLHM+3K@^H+ZD=+>M@BHL=AH]+ + + E#+\\+ 2@@JKFYH+!=D>DLK+-BWKDC+4GGF?D=J+ E#+%&+ 2@@JKFYH+:=AF?^?D>F?H`&+ + C#6$+)!E*+)%&0!b!\\#1!O),#6/#6+*&3! \\6&3'*!E+%%+ 5MF+:[+.FJBKL>@?I+/=)D?@=OF=>`%+ + U:6&&! ,&)*6+%! /'&,&(! #9! %&$'(%+*'#)8! &)+,*&3! ')! *:&! +9*&6.+*:! #9! *:&! "6&+*! T&/6&(('#)8!3&*&6.')&3!*:&!/6&-+'%')$!%+)3(,+/&!9#6!(&,,##%')$I#99D! /&6'#3! 4&*A&&)! 9'%')$! *:&! (*+*&.&)*(! A'*:! *:&! E]\\! +)3! #99&6')$! *:&! (&,U#.4(*#)&D! )#*'9',+*'#)(! +))#\\:')&(&!A+%%(DSM!4&*A&&)!

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!