nonshareholder
A nonshareholder is a person or entity that does not own shares in a corporation. This term contrasts with shareholders, who hold equity interests and generally have rights to vote at annual meetings and receive dividends. Nonshareholders may still be affected by a company’s decisions and may engage with the firm through contracts, regulation, or consumer relationships.
Examples include employees without stock, customers, suppliers, lenders, regulators, and the general public. Some nonshareholders may
Rights and limitations: Nonshareholders do not typically have voting or dividend rights. They may have legal
In corporate governance, the term is used in discussions of stakeholder theory versus shareholder primacy. The