BEIJING (AP) — Control over Alibaba Group will stay in the hands of founder Jack Ma and other company veterans after the Chinese e-commerce giant goes public on the New York Stock Exchange in a record busting share sale. Alibaba says the arrangement will preserve its innovative culture in a fast-developing industry and reduce distractions from financial market fluctuations. The plan echoes tech founders in China and abroad who say they need to retain control to keep alive the creative energy of their startup days and launch new initiatives, even if that lowers short-term profits. "The Alibaba governance structure is probably inspired by the Chinese political structure," said David Webb, a former banker who operates the website webb-site.com about government and corporate affairs. The arrangement allows Ma to retain control even though his and Tsai's shareholdings are outweighed by the 34.1 percent held by Japan's SoftBank Corp.