Kleinaktionär

A Kleinaktionär is a German term that translates to "small shareholder" or "minority shareholder." It refers to an individual investor who owns a relatively small number of shares in a company. The exact threshold for being considered a Kleinaktionär can vary depending on the context and the specific company's bylaws or legal framework. However, it generally implies that the shareholder does not hold a controlling stake or significant influence over the company's decisions.

Kleinaktionäre typically invest in the stock market for personal financial goals, such as savings or investment growth, rather than for strategic business purposes. They are entitled to certain rights as shareholders, including the right to receive dividends (if declared) and to attend general meetings, though their voting power is usually limited due to their small shareholding. In some jurisdictions, specific legal protections may exist for minority shareholders to prevent potential abuses by majority shareholders or management. The term emphasizes the shareholder's position as an individual investor with limited influence rather than a significant player in corporate governance.