Who is considered a shareholder?

A shareholder is specifically defined as an individual or entity that owns shares in a corporation. This ownership grants the shareholder certain rights, such as voting on corporate matters and receiving dividends. Shareholders are integral to a corporation's structure as they provide the capital necessary for the company to operate and grow.

In this context, the other options describe roles or relationships with the corporation but do not inherently qualify someone as a shareholder. For instance, while employees of a corporation can be shareholders if they own shares, not all employees hold shares. Similarly, a financial analyst provides analysis but does not own shares by default, and board members may or may not own shares in the company they help govern. Thus, the definition of a shareholder is specific to the ownership of shares, making option C the correct choice.