http://companylisting.info/2021/04/06/understanding-types-of-companies/
A shareholder is a person or a company who owns shares in the business. They are able to vote on major decisions taken by the company. They can also earn profits from the appreciation of their portfolio of shares or through dividends paid by an organization. Shareholders' rights as well as duties are determined by the number of shares they hold. They may be divided into categories like minorities and majority.
Someone who holds more than 50% of a business's shares is a majority shareholder. It is typically the company's founders however it could also be a different company that buys more than 50% of the company's shares. A majority shareholder has the power to vote on key decisions, and can choose the members of a company's board. They also have the option of filing lawsuits against any wrongdoing committed by an organization.
You are considered a minority shareholder if you own more than 25 percent of the shares in the company. You have the right to vote on key decisions, but you don't have a lot of power over the company. Minority shareholders can still sue the company for any wrongdoing they have committed, but they don't have the same amount of control as the majority shareholders.
There are two kinds of shareholders preferred and common shareholders. Both have the ability to vote on crucial decisions, and they also have the ability to choose who will sit on the board of directors. However, the type you own determines the voting rights. Common shareholders are the ones with the most votes, and they are paid dividends when there is a profit in the financial year. However they don't receive an unrestricted dividend like preferred shareholders.