Li and Fung: Stay Public or Go Private (B)

Justin Law, Shimin Chen, Li Jiang, Anthony Pang

Research output: Other contributionCase Studies


Supplement to the Li and Fung: Stay Public or Go Private (A). Case B describes the actual outcome and the immediate developments of the company after taking it private. The new hindsight enables students to revisit the company’s go-private decision in light of the new developments, offering students an opportunity to understand the agency conflict between the majority and minority shareholders in a listed family business. It also raises the question of whether going private is considered necessary for the Fung family. A moral dilemma would emerge towards the end, stimulating students to think about the issue of ethical leadership.
Original languageEnglish
Number of pages2
Publication statusPublished - 1 May 2022

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Case type

Field Case

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Published by

China Europe International Business School


  • privatization
  • go private
  • Business Models
  • Family Business
  • family businesses
  • corporate governance
  • business model

Case studies discipline

  • Accounting
  • Finance
  • Others

Case studies industry

  • Others
  • Transportation and Warehousing
  • Wholesale Trade


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