An "anonim şirket" is a type of business entity in which the ownership is divided into shares. This means that individuals can buy shares to become partial owners of the company. The shareholders are not personally liable for the company's debts, which protects their personal assets. This structure is common in many countries and is often used for larger businesses. In an "anonim şirket," the management is typically separate from the ownership. Shareholders elect a board of directors to oversee the company's operations. This allows for professional management while enabling investors to participate in the company's profits through dividends and share value appreciation.