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: Actually, I had better check, honestly.
gollark: Amazon doesn't sell nuclear weapons yet, so it's fine.
gollark: For when you need something really soon and don't care about the cost ~~or collateral damage~~.
gollark: That gives me an idea - "1-Hour Delivery" by ballistic launch of your package from the nearest warehouse.
gollark: You... didn't explain... any context at all... aaaaa.

See also

References


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