What is Company shareholder?
A company shareholder is an individual, organization, or entity that owns one or more shares in a company, giving them partial ownership. In Switzerland, shareholders play a critical role in the governance and financial structure of a business, particularly in companies like sociétés anonymes (SA) or Aktiengesellschaft (AG), which issue shares.
Rights and Responsibilities of Shareholders in Switzerland
Shareholders in Swiss companies enjoy certain rights, which vary based on the type and number of shares they hold. These rights include:
- Voting Rights: Shareholders can participate in decision-making by voting on key matters, such as electing board members or approving financial statements, during the company’s general meetings.
- Profit Participation: Shareholders are entitled to receive dividends, representing their share of the company’s profits, if declared by the board.
- Information Rights: They have access to specific company information, such as annual reports, and may request additional details during general meetings.
- Liability: Shareholders’ liability is typically limited to the amount they invested in the company. Their personal assets are protected from the company’s debts.
Importance of Shareholders
Shareholders are integral to a company’s success, providing the capital required for growth and sustainability. In return, they benefit from financial rewards like dividends and potential share value appreciation.
In Switzerland, shareholder rights and responsibilities are regulated by the Swiss Code of Obligations (CO), ensuring a balance between the company’s operational needs and the interests of its owners. Shareholders contribute to the company’s strategic direction while enjoying protections under Swiss corporate law.