Maruti plant stand-off: Will minority shareholders matter? Maruti Suzuki is caught in a race against time. The carmakers recent decision to let its Japanese parent set up a manufacturing plant in Gujarat has riled the countrys top fund managers who have invested in it, amid concerns that the move would impact the firms profitability. But according to corporate-governance experts, the timing of the deal is such that, as it stands today, minority shareholders such as fund managers will have little say in the companys business decision even if they believe it is against their interests.
Posted on: Wed, 05 Mar 2014 09:09:19 +0000
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