what are the various characteristics of joint stock company?
534699
Features of a Joint Stock Company – Separate Legal Entity, Limited Liability of Members, Perpetual Existence and Common Seal as a Substitute for Signatures. A more comprehensive definition will, however, be one that indicates all the essential features of a company.
919993
['Separate Legal Entity. ... ', 'Uninterrupted existence. ... ', 'Limited Liability. ... ', 'Free & Easy transferability of shares. ... ', 'Owning Property. ... ', 'Capacity to sue and be sued. ... ', 'Dual Relationship. ... ', 'Borrowing Capacity.']
1143493
['sole trader.', 'partnership.', 'private limited company (ltd)', 'public limited company (plc)', 'multinational.', 'franchise.']
997374
['Led by Board of Directors.', 'Limited Liability.', 'Number of Members.', 'Transferable shares.', 'Life Span.', 'Financial Privacy.', 'Large Capital.']
419670
['5 characteristics. Private property, Freedom of choice, Motivation of self intrest, competition, limited government.', 'Private Property. People own stuff, not the government.', 'Freedom of choice. ... ', 'Motivation of self intrest. ... ', 'Competition. ... ', 'Limited Government.']
810620
['(1) Huge Financial Resources:', '(2) Efficient Management:', '(3) Limited Liability:', '(4) Transferability of Share:', '(5) Diffusion of Risk:', '(6) Stability:', '(7) Public Confidence:', '(8) Scope for Expansion:']
887957
['Ease of formation. It is quite easy to form a holding company. ... ', 'Large capital. The financial resources of the holding and subsidiary companies can be pooled together. ... ', 'Avoidance of competition. ... ', 'Economies of large scale operations. ... ', 'Secrecy maintained. ... ', 'Risks avoided. ... ', 'Over capitalization. ... ', 'Misuse of power.']
116125
The four defining characteristics of the modern corporation are: Separate Legal Personality of the corporation (access to tort and contract law in a manner similar to a person) Limited Liability of the shareholders (a shareholder's personal liability is limited to the value of their shares in the corporation)
181341
Characteristics of Company – 10 Important Characteristics: Legal Person, Artificial Person, Continued Existence, Limited Liability, Freely Transferable and a Few Others. A company is an association of persons who contribute money or money's worth to carry on some agreed activity for their economic gain.
176343
['Very high assets and turnover. ... ', 'Network of branches. ... ', 'Control. ... ', 'Continued growth. ... ', 'Sophisticated technology. ... ', 'Right skills. ... ', 'Forceful marketing and advertising. ... ', 'Good quality products.']
381118
['Business Risk: ... ', "Company's Tax Exposure. ... ", 'Financial Flexibility. ... ', 'Management Style.', 'Management styles range from aggressive to conservative.']
890388
['Ease of Formation and Closure: ... ', 'Simplicity of Operation and Flexible Management: ... ', 'Sole Beneficiary of Profits: ... ', 'Benefits of Small-Scale Operations: ... ', 'Prompt Decisions: ... ', 'Retaining Secrecy: ... ', 'Social Desirability: ... ', 'Tax Advantage:']
1172214
['Common shares represent an ownership interest in a company, including voting rights. ... ', "Preference shares are preferred over common shares while claiming a company's earnings in the form of dividends, and net assets upon liquidation."]
519792
['Artificial Person: A company is an artificial person created by law. ... ', 'Separate Legal Entity: A company has a separate legal entity. ... ', 'Perpetual Succession: ... ', 'Common Seal: ... ', 'Formation: ... ', 'Limited Liability: ... ', 'Transferability of Shares: ... ', 'Management and Control:']
158687
['Private ownership.', 'Free enterprise.', 'Supply and demand.', 'Competition.', 'Profit Motive.']
1179454
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). ... Therefore, joint-stock companies are commonly known as corporations or limited companies.
1059526
['Understandability: The financial statements are published to address the shareholders of the company. ... ', 'Relevance: ... ', 'Reliability: ... ', 'Comparability: ... ', 'Timeliness:']