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: Well, that is very difficult. Have you tried not trying to block the user from accessing things?
gollark: <@630513495003103242> This is not secure and you should not do this.
gollark: Because the shell's tokenizer will treat that as the same (I think) but your code just does exact matching.
gollark: You could get around your "security" as easily as `edit startup` (that's three spaces).
gollark: It's still stupid though. Really.

See also

References


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