Shareholders possess several rights, which may vary depending on the type of shares they own. Common rights include:
- Voting Rights: Shareholders often have the right to vote on key company decisions, such as electing the board of directors or approving major corporate actions. - Dividend Rights: Shareholders are entitled to receive dividends if the company declares them. - Inspection Rights: Shareholders can inspect certain corporate documents, such as financial statements and meeting minutes. - Residual Claim: In the event of liquidation, shareholders have a claim on the company's residual assets after all debts and obligations are settled.