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joint stock company
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joint stock company

Company that is owned (jointly) by at least two shareholders (the holders of the stock of the company). Shareholders have limited liability. The company has an independent legal existence from its shareholders and can, for example, be sued or own property. In the UK, joint stock companies are either private limited companies or public limited companies.



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? Mentioned in ? References in periodicals archive
 
Regarding ownership, 15 banks were closed joint-stock companies (one, Armsavingsbank, being state-owned), 6 were open joint-stock companies, 4 were limited liability companies and one was a cooperative (Synthesis, 2001, pp.
An extended application of Factor Analysis in establishing peer ... by Newton, Judy / Journal of Academy of Business and Economics
On the other hand, mixed joint-stock companies (AO) are not controlled efficiently enough: in more than a half of them the state pays insufficient attention to expanding their defense production potential.
Problems of building the Navy by Gorozhanin, L.A. / Military Thought
The South Sea Bubble produced so many corrupt profiteers and gullible victims that the Bubble Act of 1720 banned all joint-stock companies, except those established by separate Act of Parliament, for two centuries.
White-Collar Crime in Modern England: Financial Fraud and Business ... by Perkin, Harold / Journal of Social History
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