Final answer:
The owners of a corporation are known as shareholders, who hold equity in the company through owning shares and are entitled to a share of the profits.
Step-by-step explanation:
The owners of a corporation are called shareholders. Shareholders, or stockholders, are individuals who own shares of a corporation. As owners, they have limited liability for the company's debts but can share in its profits and losses. Moreover, a corporation may raise funds to expand or finance its operations by selling stock, granting those who purchase the stock an ownership stake in the company. Unlike lenders or bondholders who are owed a debt by the company, shareholders have an equity stake which means they reap the benefits of dividends and capital gains when a company performs well.