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shareholders of a corporation:

shareholders of a corporation:
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The shareholders of a corporation are those persons who holds shares of such corporation. They are the actual owners of the corporation. A corporation cannot be owned by a single person. Hence, its structure is such that it is divided into number of shares and each shares are issued to the shareholders who are the owners of the corporation.

They have the authority to appoint the board of directors who are responsible for managing the affairs of the company by way of passing resolution in the general meeting through voting.

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