A joint stock company is a business entity owned by a set of individuals who hold capital in the form of transferable shares of stock. The owners have unlimited liability for the debts of the business. More » Business & Finance Investing

Indian Oil Corporation Ltd., Tata Motors Ltd., Reliance Industries Ltd. and the State Bank of India are four of the biggest joint stock companies of India. A joint stock company is simply a business entity in which stake... More » Business & Finance Corporations

Joint stock colonies were colonies that were organized as a business venture funded by investors from the mother country. They were governed according to charters established by the sponsoring joint-stock venture, such a... More » Business & Finance Investing
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When a private company goes public, it begins selling equity in the company in the form of shares of stock, which are traded on the stock market. The first sale of equity through an investment banking firm is called an i... More » Business & Finance Investing

Ordinary share capital refers to shares that are issued by a company that allow shareholders voting rights within a corporation. Ordinary shareholders may also receive dividends. Ordinary shares are also referred to as c... More » Business & Finance Investing

In most cases, individuals who want to buy shares of stock do so through a brokerage firm, which are available either online or through more traditional means such as face-to-face interaction, according to the Wall Stree... More » Business & Finance Investing

As with most stocks, an Exxon Mobil stock split occurs when the company decides to increase or decrease the current amount of shares outstanding, explains Investopedia. Part of the procedure requires Exxon Mobil’s Board ... More » Business & Finance Investing