A joint stock company (JSC) is a type of business entity: it is a type of corporation A corporation is a legal entity separate from the persons who own it or the persons who manage or operate it. In British tradition it is the term designating a body corporate, where it can be either a corporation sole or a corporation aggregate (involving more persons). In American and, increasingly, international usage, the term denotes a body or partnership A partnership is a type of business entity in which partners share with each other the profits or losses of the business. Partnerships are often favored over corporations for taxation purposes, as the partnership structure does not generally incur a tax on profits before it is distributed to the partners (i.e. there is no dividend tax levied) involving two or more legal persons. Certificates of ownership (or stocks In the investment world, a share of stock represents a share of ownership in a corporation (company)) are issued by the company in return for each financial contribution, and the shareholders are free to transfer their ownership Ownership is the state or fact of exclusive rights and control over property, which may be an object, land/real estate or intellectual property. An ownership right is also referred to as title. The concept of ownership has existed for thousands of years and in all cultures. Over the millennia, however, and across cultures what is considered interest at any time by selling their stockholding to others.
In most countries, a joint stock company offers the protection of limited liability; a shareholder is not liable for any of the company's debt beyond the face value of their shareholding.
There are two kinds of joint stock company; the private company kind and the public company. The shares of the former are usually only held by the directors and Company Secretary. The shares of the latter are bought and sold on the open market.
In Russia Russia (pronounced /ˈrʌʃə/ ; Russian: Россия transliterated: Rossiya , pronounced [rʌˈsʲijə]), officially known as both Russia and the Russian Federation (Russian: Российская Федерация (help·info), Rossiyskaya Federatsiya), is a country in northern Eurasia (Europe and Asia together). It is a semi-presidential (the former Soviet Union The Union of Soviet Socialist Republics was a constitutionally socialist state that existed in Eurasia from 1922 to 1991. The name is a translation of the Russian: Союз Советских Социалистических Республик (help·info), tr. Soyuz Sovetskikh Sotsialisticheskikh Respublik, abbreviated СССР, SSSR. The) the term JSC is used for ex-State Enterprises that are now under a more free business regime[citation needed]. Their business conditions are somewhat different from Joint Stock Companies in western countries.
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Wed, 01 Jul 2009 03:37:08 GM
The source said that Chien, head of the Bac Ha Investment . Joint Stock Company. in the capital's Cau Giay District, had offered to lend the struggling school money. In dire financial straits, the school was seeking funds from any and all ...
