Owners
The
owners
of a business are, of course, the people who have legal property
rights to that business. Owners can be a single individual who establishes and runs a
small business, partners who jointly own the business, individual investors who buy
stock in a corporation, or other organizations. McDonald’s has 1.02 billion shares of
stock, each of which represents one unit of ownership in the firm. The family of McDo-
nald’s founder Ray Kroc stills owns a large block of this stock, as do several large insti-
tutional investors. In addition, thousands of individuals own just a few shares each.
McDonald’s, in turn, owns other businesses. For example, it owns several large regional
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