Job Descriptions

Holds stock(s) in a given company. A shareholder must own a minimum of one share in a company’s stock or mutual fund to make them a partial owner. Shareholders typically receive declared dividends if the company does well and succeeds. Responsibilities are: Brainstorming and deciding the powers they will bestow upon the company’s directors, including appointing and removing them from office Deciding on how much the directors receive for their salary. The practice is very tricky because stockholders must make sure that the amount they will give will compensate for the expenses and cost of living in the city where the director lives, without compromising the company’s coffers. Making decisions on instances the directors have no power over, including making changes to the company’s constitution Checking and making approvals of the financial statements of the company Requirements are: Subscribing to the memorandum of the company during incorporation Investing in return for new shares in the company Obtaining shares from an existing shareholder by purchase, by gift or by will

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