They have voting rights. These means that their holders are entitled to the right to vote on matters concerning corporate governance that are put to vote in the annual general meeting
Residual claim: ordinary shareholders are the last to be compensated or have a claim to the firm in the event of liquidation or wind up
Limited liability: the ordinary stock holders are not liable for any obligations of the firm
They have a right to share equally both in the dividends and in the residual assets after liquidation
Dana05 answered the question on July 18, 2019 at 19:26
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