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Definition of "nonshareholder" [nonshareholder]

  • One who is not a shareholder. (noun)

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Use "nonshareholder" in a sentence
  • "But on the other hand, directors are told that they may temper that duty out of a concern for other, nonshareholder constituencies (such as corporate employees)."
  • "To be sure, the business judgment rule frequently precludes judicial review of board decisions that appear to have made trade offs between shareholder wealth maximization and nonshareholder interests."
  • "The arguments of Blair, Stout, and Bainbridge suggest that a board must, or at least should, take nonshareholder interests into account."