Open joint-stock company

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, in particular in Russia. Its distinguishing feature is the right of stockholders to trade in stocks without the permission of other stockholders.

Public Stock Societies are somewhat comparable to limited liability partnerships or corporations under US law.

Examples in Russia

gollark: The actual chips, not convenient breakout boards.
gollark: Much smaller than coins.
gollark: You can get some tiny microcontrollers, and it could probably be engineered to move itself slightly with just a vibration motor.
gollark: I'm aware it's a deliberate design decision, I just dislike it.
gollark: I don't really like Gemini myself. It's intentionally crippled as a prøtocol.

See also

References


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