Poissaistentiot

Poissaistentiot, also known as absentee owners, are individuals who own shares in a company but do not actively participate in its management or operations. These owners may hold their shares for various reasons, such as investment purposes, tax planning, or as part of an estate. Absentee owners typically do not attend board meetings, vote on corporate matters, or engage in the day-to-day activities of the company. Their presence in the shareholder register is often the only indication of their ownership. The term "poissaistentiot" is commonly used in Finnish corporate law and practice. The rights and responsibilities of absentee owners are governed by the company's articles of association and relevant legislation. They have the right to receive dividends and other distributions, as well as to vote on certain matters, such as the election of the board of directors. However, they do not have the right to appoint or remove the board of directors or to participate in the management of the company. The role of absentee owners is primarily financial, and their influence on the company's operations is limited.