Minority shareholders are shareholders who have minority 
stakes in a company that is controlled by a majority 
shareholder. A shareholder holding less than 50% of the 
voting rights attached to the equity and accordingly 
subject to the control of another shareholder or group of 
shareholders with the majority is knon as minority 
shareholder.

Equity holder of a firm who does not have the voting 
control of the firm, by virtue of his or her below fifty 
percent ownership of the firm's equity capital