That's just another way of saying someone is an executive producer. Often a "production company" is just the person incorporating themselves for business purposes, or just an investment firm that provides financial backing for productions, like Rod Roddenberry's company or the Chinese companies that co-produced the Kelvin Star Trek movies. Only some production companies are actively involved in the storytelling or filmmaking side of the process. As I said, it's not uncommon for a lead actor to have approval over content, but the credit alone doesn't confirm that.