Wipro Ltd.: The Demerger of Wipro Enterprises

Rajesh Haldipur, Vijaya Narapareddy and S. R. Vishwanath
Additional contact information
Rajesh Haldipur: University of Denver, USA
Vijaya Narapareddy: University of Denver, USA
S. R. Vishwanath: Shiv Nadar University, India

Asian Case Research Journal (ACRJ), 2017, vol. 21, issue 02, 347-375

Abstract: In November 2012, Wipro Ltd., a NYSE listed IT Services company, announced its plan to demerge the non-IT businesses into an unlisted entity — Wipro Enterprises. The case highlights the governance, valuation, and ethical issues surrounding the demerger. Shareholders were given three options to choose from. But, in reality, they had no choice but to exchange Wipro Enterprises shares that they would receive after the demerger with Wipro Ltd shares because Wipro Enterprises would remain unlisted. The case asks the student to analyze the restructuring from an investor’s perspective. The case is especially interesting in that it provides a platform to discuss governance issues in the context of a familyowned public firm. It demonstrates how the preferences of majority shareholders can affect the wealth of minority shareholders.

Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0218927517500122
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:acrjxx:v:21:y:2017:i:02:n:s0218927517500122

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0218927517500122

Access Statistics for this article

Asian Case Research Journal (ACRJ) is currently edited by Lau Geok Theng

More articles in Asian Case Research Journal (ACRJ) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().