A week or so later, the borrower - be they individual shareholder, company director or family office looking after the wealth of the über-rich - gets their sweaty mitts on the cash.

Otherwise, corporate profits would be taxed to the corporation that earned them, then to the corporate shareholder, and then to the individual shareholder.

As a matter of ordinary company law, this may or may not entitle the individual shareholder to a remedy.

This, in effect, delegates the dividend policy from the board to the individual shareholder.

Ownership of the club was very fractured, with no individual shareholder owning more than 20% of the club.

Generously perhaps, an offloading or sales opportunity was not extended to outside shareholders as might have been the case with other companies.

The offering of six million shares raised $90 million - 4.8 million shares were sold by the company, with rest coming from outside shareholders.

The assumption was that the 150p a share offer would fail, leaving outside shareholders with a small majority.

To add insult to injury they are issuing shares at less than 300p to outside shareholders, heavily diluting existing shareholders.

Coupled with hefty investment, made easier by a lack of outside shareholders, it seems a winning formula.

Detailed financial results will be released next week and are likely to please shareholders.

They are simply a way to maximise profits and please shareholders.

Does the sale please shareholders?

The banks were companies, because they needed shareholder capital to sustain their balance sheets.

They are required to maintain shareholder capital at a certain proportion of their risk-weighted assets.

Third, this pause in dividend payments inevitably will create the space for company directors to consider whether paying dividends represents the best use of shareholder capital.

Stripping away all the bank jargon, it has loaned out its shareholder capital 36 times over.

As many as 12 of these 13 clubs were covering their high net losses with re-capitalisation or decrease in shareholder capital.

The committee has opened an investigation into how these targets affect shareholder expectations, corporate strategy and staff bonuses.

Furthermore, small businesses undergo stress from shareholder expectations.

Further, with limited reporting requirements and shareholder expectations, private firms are afforded a greater operational flexibility by being able to focus on long term growth rather than quarterly earnings.

In response to shareholder pressure, the retailer has lengthened the qualifying period for the scheme and introduced more stringent performance targets.

There was no discussion of shareholder pressure for a break-up of the investment banking and asset management businesses.

It pays no dividends, so has no shareholder pressure to reduce services.

Other chief executives privately admit they feel under shareholder pressure to invest less than they believe they should.

In boardrooms up and down the country, chief executives face shareholder pressure for salary restraint.

Last week the company abruptly postponed a shareholder vote on a rescue fundraising.

Yesterday, the two agreed a deal that heads off a bruising shareholder vote planned for today.

As for the shareholder vote, that requires new legislation, which means another round of consultation.

If backed by a shareholder vote, it will go through next year.

If a board wants to change its pay arrangements, it will have to get a majority shareholder vote in favour.

He was the sole director and sole shareholder.

In the ensuing struggle, government, the sole shareholder, seems to have either stayed out or played the role of peace broker.

He also sets up a firm, of which he becomes the sole shareholder.

He was also the sole shareholder of the firm.

He thus remained sole shareholder and found new ways to attract capital.