Aims and objectives of the course work. If we want to know more about a joint stock company, we will describe a joint stock company. Joint-stock company (JSC) is a form of business organized on the basis of voluntary contributions of founders (shareholders). That is, a joint-stock company is a commercial organization divided into a certain number of shares, which confirms the rights of shareholders to the joint-stock company.3 There are 2 types of joint stock companies. These are open and closed joint stock companies. Now let's look at the differences between the two and how they are organized. The minimum number of founders of an open joint-stock company is not limited. An open joint stock company has the right to openly subscribe to its shares and sell them freely, subject to the requirements of the legislation. An open joint stock company is a company whose members have the right to purchase and freely sell their shares without the consent of other shareholders.
The founders of a closed joint-stock company shall consist of at least three persons. Shares are distributed only among their founders or a predetermined group of individuals. The number of shareholders of a closed joint-stock company should not exceed fifty. A company whose shares are distributed only within its founders or other predetermined persons is called a closed joint stock company.
The subject of the course work. Legal and economic bases of establishment of joint-stock companies in our country
The object of the course work. Joint Stock Companies of the Republic of Uzbekistan and Joint Stock Commercial Mortgage Bank "Ipoteka Bank"
The structure of the course work. The course work consists of an introduction, 4 plans, conclusions and a list of references. The introductory part of the course work contains the relevance of the topic, the purpose and objectives of the work, the object, the subject, the structure of the course work.
We will briefly discuss the establishment of a joint stock company and then consider the legal and economic methods. It can be created by re-establishing a company and (or) reorganizing an existing legal entity (merger, acquisition, division, separation, reorganization). The minimum amount of authorized capital of joint-stock companies is 1,600 million soums. sum. The company's charter capital consists of the nominal value of the company's shares purchased by shareholders.
As for the advantages of a joint stock company;
- Easily accumulate large amounts of money. Because it is enough to issue a sufficient number of shares.
- Management of the current activities of the joint-stock company is the only form of business that can be transferred to another commercial organization on a contractual basis - a trustee
• A shareholder's ability to participate in management depends on the type of shares he owns
• Ordinary shares have a vote and give the owner the right to receive dividends and participate in the management of the company.
• Preference shares give preference to their owners, first of all, to receive dividends and to receive the funds invested in the shares in the event of liquidation of the JSC. Preference shares also provide the right to receive certain dividends, regardless of the company's income.
We need to look at the strengths and weaknesses of each industry.
• The large number of shareholders makes it difficult for owners to manage the company's activities. Accordingly, the board of directors of the company will be formed and a director will be appointed
• Discussing any major or management decision at a shareholders' meeting can prolong the process.
We will explain the terms used in the joint stock company.A share is a security that certifies that its owner has made a certain contribution to the capital of the company and has the right to receive dividends from its profits.
A shareholder is a legal entity or individual who owns shares.
Dividend (Latin dividendus - to be divided) - the income paid to the shareholder
We mentioned above about simple and preferential promotions. Now let’s talk about their different and preferred features.
A preferred share is a share that gives an advantage over an ordinary shareholder in the distribution of dividends and property of a joint-stock company. Preference shares give their owners the right to receive certain dividends, regardless of whether the company benefits or not. An ordinary share is a share that allows you to distribute the dividends in proportion to the amount invested. Ordinary shares are voting, which entitles the holder to receive dividends, participate in general meetings of shareholders and manage the company. Preference shares are shares that entitle shareholders to receive dividends, as well as the right to receive the funds invested in the shares in the event of liquidation of the company.
