Joint Stock Company
DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF135
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | LF135
|
| Language-specific name. Monolingual name | Joint Stock Company (en) |
| Language-specific short name. Monolingual short name | Jt.Stock Co. (en) |
| Informal and comprehensive human-readable definition of a concept. Description | A company where ownership is divided into shares, and shareholders have limited liability. Joint stock companies issue shares to raise capital and allow for the transfer of ownership interests. Shareholders participate in the profits, typically through dividends, and exercise voting rights in major decisions. Joint stock companies provide a flexible and scalable structure for business operations, growth, and ownership succession. |