A joint-stock company is a business entity in which shares of the company’s stock can be bought and sold by shareholders.
Below are the Joint Stock Companies In Ghana
M & J, Mining Company Limited.
Phone 023 325 5138
Tegiva Mining Company Ltd.
Phone 023 320 2551.
M & J. Mining and Trading Company Limited.
Phone 023 320 2551.
Framina Mining and Trading Company Limited.
Phone 023 327 7510.
Standfield Mining and Tradind Company Limited.
Phone 023 320 694.
What company is a joint-stock company?
The term joint-stock company is virtually synonymous with a corporation, public company, or just plain company, except for a historical association with unlimited liability.
That is, a modern corporation is a joint-stock company that has been incorporated in order to limit shareholder liability.
What happens in a joint-stock company?
A joint-stock company is a business entity in which shares of the company’s stock can be bought and sold by shareholders.
Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership).
What are the disadvantages of joint stock company?
Costly and difficult to form: A number of legal formalities must be observed by the promoters of the company.
Scope for dishonest and unscrupulous management: The directors manage the company with the help of paid officers.
Management oligarchy: A few rich persons may secure control over the affairs of the company.