It is a popular type of business running across the globe under different territory based rules and regulation. The driving factors of this business type are different characateristics which includes its legal entity in the state, people trust and many others. It is also a form of business like other types of businesses including public limited company, partnership, sole proprietorship.Joint Stock Company is a type of business which gives business ownership rights to share holders by giving … [Read more...] about Joint Stock Company
Joint Stock Company
Business Combination
Business combination is formed when two or more business undertaking units combine to carry on business together for achieving the economic benefits.It is also originated when a number of different business concerns of same line combine together under one management with a view to achieve some definite objects of mutual benefits.At present we find a general tendency to form cartel, trust, holding company, pool and amalgamation etc at home or abroad for the object of increasing capital … [Read more...] about Business Combination