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.