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Discover Ludwig'not shareholder' is correct and usable in written English.
You can use it when you want to contrast someone who does not hold shares in a company with those who do. For example, "The company stockholders are entitled to certain privileges, but those who are not shareholders do not receive the same benefits."
Exact(8)
"Their primary goal is not shareholder remuneration," he said.
The card networks said banks are best served by working with them because they are bank associations, which, as Visa put it, means the "focus is on delivering member and cardholder value, not shareholder value".
People in the business say what makes an activist campaign truly successful is not just the opening salvo, but how well a manager does in rounding up these big investors — often mutual funds or other managed funds whose managers are not shareholder activists themselves.
In a point-by-point critique, Invesco added that the deal would "materially jeopardise" BAE's position in the US defence market; the proposed holding of stakes by the French and German governments would result in a business driven by politics and not shareholder value; and there would be lower dividends for BAE shareholders in the future.
Their drive is to improve social equity, not shareholder equity.
It's not shareholder value of course, but value primarily from delighting customers and the difference that that makes.
Similar(52)
We are not shareholders.
Post-war American capitalism was dominated by managers, not shareholders.
The only bar to such provisions is the SEC or possibly a stock exchange, not shareholders.
The beneficiaries of these measure are often not shareholders in general, but the new agents.
It would be owned by and operated for America, not shareholders.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com