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Replaced content with "{{g}}The holder for the time being of a share in the equity of a company; a part owner of a corporate enterprise. Usually, shares are issued in registered form (as..."
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{{g}}The holder for the time being of a [[share]] in the equity of a company; a part owner of a corporate enterprise. Usually, shares are issued in [[registered form]] (as opposed to [[bearer security|bearer]] form), because it is sort of important to know who — you know — ''owns the goddamn company''. Whereas your [[creditors]], on the other hand — could you really give a fig about them? Well, obviously you could, but as a general category, when you have issued that indebtedness in the form of [[Bearer instrument|freely transferable]] [[debt securities]], it is that fact that ''someone'' holds them that mainly concerns you, rather than precisely ''who''.
{{g}}The holder for the time being of a [[share]] in the equity of a company; a part owner of a corporate enterprise. Usually, shares are issued in [[registered form]] (as opposed to [[bearer security|bearer]] form), because it is sort of important to know who — you know — ''owns the goddamn company''. Whereas your [[creditors]], on the other hand — could you really give a fig about them? Well, obviously you ''could'', but as a general category, when you have issued that ''indebtedness'' in the form of [[Bearer instrument|freely transferable]] [[debt securities]], it is mainly that fact that ''someone'' (other than you)<ref>If it does happen to be you shout out, by the way, to whomsoever the wizard was who thought up [[Debt value adjustment|debt value adjustments]], allowing a near-bankrupt bank to book a profit off the discounted price at which it might buy its own paper back in the market, to massage its profit and loss statement in a particularly oily year.</ref> holds them that concerns you, rather than precisely ''who''.
 


How ''important'' the shareholder is — and should be — in the grander scheme of things, is the topic of a JC essay, [[Stakeholder capitalism|here]].
How ''important'' the shareholder is — and should be — in the grander scheme of things, is the topic of a JC essay, [[Stakeholder capitalism|here]].
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*[[Stakeholder capitalism]]
*[[Stakeholder capitalism]]
*[[Corporate veil]]
*[[Corporate veil]]
*[[Debt value adjustment]]
{{ref}}

Revision as of 20:34, 10 January 2023

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The holder for the time being of a share in the equity of a company; a part owner of a corporate enterprise. Usually, shares are issued in registered form (as opposed to bearer form), because it is sort of important to know who — you know — owns the goddamn company. Whereas your creditors, on the other hand — could you really give a fig about them? Well, obviously you could, but as a general category, when you have issued that indebtedness in the form of freely transferable debt securities, it is mainly that fact that someone (other than you)[1] holds them that concerns you, rather than precisely who.


How important the shareholder is — and should be — in the grander scheme of things, is the topic of a JC essay, here.

See also

References

  1. If it does happen to be you shout out, by the way, to whomsoever the wizard was who thought up debt value adjustments, allowing a near-bankrupt bank to book a profit off the discounted price at which it might buy its own paper back in the market, to massage its profit and loss statement in a particularly oily year.