Sunday, November 27, 2011

Sebi plans platform for minority shareholders - Home - livemint.com

Sebi plans platform for minority shareholders - Home - livemint.com: “The shareholders are dispersed all over the country. They hardly communicate with each other. Even if they attend meetings, they do not have a unified voice,” said the second person. “So, the management and controlling shareholders are hardly under pressure to reverse their decisions.” The population of non-controlling shareholders is large and their votes could act as the most efficient tool to improve corporate governance, he added.

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