Joint Stock Company
A Joint Stock Company is a business structure where ownership is divided into shares that are held by multiple shareholders. This allows individuals to invest in the company by buying shares, enabling the company to raise capital for its operations and growth. Shareholders benefit from profits through dividends and have limited liability, meaning they are only responsible for the company's debts up to the amount they invested. This structure combines the advantages of a corporation and the ability for the public to invest, offering more access to financial resources while spreading risk among many investors.
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A joint-stock company is a type of business organization where ownership is divided into shares, allowing multiple investors to buy and own parts of the company. Each shareholder's liability is limited to their investment, protecting personal assets. This structure enables companies to raise capital by attracting more investors, which can be used for growth and operations. Shares can be traded on stock exchanges, providing liquidity for investors. Joint-stock companies are commonly used for large enterprises, balancing risk and reward among many stakeholders.