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blockholder |
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Blockholder The owner of a large amount of a company's shares and/or bonds, or block. In terms of shares, these owners are often able to influence the company with the voting rights awarded with their holding. Notes: For example, if a mutual fund held 10 million shares in a company or 10% of the shares outstanding, they would be a blockholder and have considerable influence over who is on the board of directors.
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| In addition, having a single large blockholder of stock tends to ensure that CEO skill and pay are linked. An article in the latest issue of Barron's that caught the eyes of Bill Martin and Matt Ragas explored the performance of stocks that have big blockholders i. as a blockholder of 94 IIN's (Issuer Identifier Numbers) for its A-Net cards," Cowan said. |
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