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In 1612, it became the first 'corporation' in intercontinental trade with 'locked in' capital and limited liability. [12] The joint-stock company became a more viable financial structure than previous guilds or state-regulated companies. The first joint-stock companies to be implemented in the Americas were the London Company and the Plymouth ...
A public joint-stock company, abbreviated PJSC (Russian: Публичное акционерное общество, abbreviated Russian: ПАО) or open joint-stock company, abbreviated OJSC (Russian: Открытое акционерное общество, abbreviated Russian: ОАО), is a type of company in many successor states of the Soviet Union, particularly in Russia.
Joint-stock company; From an adjective: This is a redirect from an adjective, which is a word or phrase that describes a noun, to a related word or topic.
The joint stock company or limited liability company was another way to reduce a merchant's risks of loss of ships and merchandise from dangerous voyages and travel. By royal charter a monopoly was assured and a merchant's personal liability was limited to the amount of his own investment.
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The Joint Stock Companies Act 1844 (7 & 8 Vict. c. 110) was an act of the Parliament of the United Kingdom that expanded access to the incorporation of joint-stock companies. Before the act, incorporation was possible only by royal charter or private act and was limited owing to Parliament's protection of the privileges and advantages thereby ...
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