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Joint stock company - Wikipedia, the free encyclopedia (800 words) |
 | A joint stock company is a type of business partnership in which the capital is formed by the individual contributions of a group of shareholders. |
 | During the period of colonialism, the joint stock company was a financing model that allowed companies to raise large amounts of capital while lowering risk by diversifying contributed capital among multiple ventures. |
 | The joint stock company was a forerunner of contemporary corporate entities such as the American business corporation, the British public limited company, the French société anonyme, the German Aktiengesellschaft and the Japanese kabushiki kaisha. |
| The Law of Turkmenistan (13194 words) |
 | The daughter enterprises is not responsible for the debts of the establishing company and company is not responsible for the debts of the brunch. |
 | The members of the council of the company elected by the annual general assembly of shareholders, The number of the members of the Council of the company and the period of the authority of its members is set by the Charter of the company. |
 | Establishment of executive bodies of the company and cessation of their authorities a head of schedule is carried out according to decision of the general assembly of shareholders if that is not ascribed to the competence of the council of the company according to the Charter of the company. |