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: Not a computer.
gollark: Computers are fast, except that one.
gollark: It is also more secure.
gollark: Or something.
gollark: Use prepared statements.

See also

References


    This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.