JSC

JSC, or Joint Stock Company, is a type of business structure where the company's capital is divided into shares owned by individual investors. These shareholders have limited liability, meaning they only risk losing the money they invested, not their personal assets. JSCs can be publicly traded or privately held, allowing them to raise funds by selling shares to the public or select investors. This structure provides a way to pool resources, share profits, and spread risks, making it a common and flexible form of organization for large businesses and corporations.