Evaluating the Concept of Minority in Corporate Group Context: A Specific Look at Minority Shareholders of the Subsidiary Company

Abstract

Despite the practical presence of corporate groups in Ethiopia for some decades now, the notion of minority in corporate group context has not been explicated in domestic literature. In this article, an attempt is made to evaluate the concept of minority with particular emphasis on minority shareholders of the subsidiary company. Section I of this article will provide some background on the Ethiopian law on minority shareholders in general. Section II will explain who the minority shareholder in the subsidiary is. Section III discusses the rationale for the protection of minority shareholders of subsidiary company. Finally, minority shareholder (of the subsidiary) rights are discussed from a comparative perspective.