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The Dog Pros channel discusses the dynamics of minority shareholders in traditional company law, which mandates that companies act in the interest of all shareholders. In practice, however, majority shareholders often dictate company actions, leaving minority shareholders with limited influence and recourse. A minority shareholder is defined as someone owning less than 50% of a company's shares, lacking voting control and the ability to independently elect directors. The tutorial emphasizes the importance of understanding minority shareholder rights and protections, setting the stage for a deeper exploration of their entitlements and the mechanisms in place to safeguard their interests.