Who are sometimes referred to as the residual owners of the corporation?

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Common shareholders are sometimes referred to as the residual owners of the corporation because they are the last to receive payment after all the other liabilities have been settled. Preferred shareholders have priority over common shareholders in terms of receiving dividends and assets in the event of liquidation. Secured and unsecured creditors are not owners of the corporation and do not have ownership rights.

Who Are Sometimes Referred to as the Residual Owners of the Corporation