![]() Adequacy of capital: Generally a Joint Stock Company has the opportunity to raise huge capital than other types of business.There are some advantages of joint stock companies which are given below: Advantages of Joint Stock Company But there still some problem in join stock company. Now we will provide some advantages and disadvantages of join stock company in detail below: Advantages and disadvantages of joint stock company A joint stock company is an association or organization of many persons formed for the purpose of profit, possessing a common capital contributed by the members composing it such capital being divided into shares of which each member holds one or more and the liability of such a members is limited of the face value of the shares he possess. ![]() We can say that join stock company is the life blood of a country’s economy.
0 Comments
Leave a Reply. |