The article explores different views on the role of shareholders in companies, focusing on how much power they should have in decision-making. It discusses various perspectives, such as shareholders as owners, beneficiaries, or mere bystanders. The research argues that relying on just one view, like shareholders as owners, is outdated and may not reflect the complex reality of modern corporations. The study suggests that a more nuanced understanding of shareholders is needed to ensure that corporate governance laws align with the diverse interests at play.