Who are the owners of a corporation called?

• A. Directors
• B. Partners
• C. Shareholders
• D. Members

Answer: (C)

In a corporation, ownership is represented by shares of stock. People who own these shares are the owners of the company, and they’re called shareholders (also known as stockholders). Shareholders hold an equity stake and typically have voting rights to elect the board of directors and to influence major corporate decisions, as well as the right to a portion of profits through dividends. Directors, while responsible for governing the company, act on behalf of the shareholders, not as the owners themselves. Partners own businesses organized as partnerships, not corporations, so they aren’t the owners of a corporation. Members usually refer to owners in other structures like LLCs or cooperatives.