4/23/2021 0 Comments Ppt On Joint Stock Company
When you download this product, the downloaded ZIP will contain this product in both standard and widescreen format.You can similarly convert our content to any other desired screen aspect ratio.Presenting this set of slides with name Construction Company Milestones John Clark Ppt Powerpoint Presentation Styles Introduction.
Ppt On Joint Stock Company Download This ProductThe stages in this process are Customer Service, Employee Stock Ownership, Joint Venture. This is a completely editable PowerPoint presentation and is available for immediate download. I discovered this website through a google search, the services matched my needs perfectly and the pricing was very reasonable. I will definitely use their slides again for my presentations and recommend them to other colleagues. Misuse of property, goods and money by the managerial personnel may harm the interests of the shareholders and create panic among the investing public. A Joint Stock Company is an incorporated association of two or more persons having a separate legal existence with perpetual existence and common seal. Thus, a Joint Stock Company is in a better position to meet the growing needs of modern business. Social Evils 15. Separation between Ownership and Management 16. The joint stock company by its widespread appeal to investors of all classes can raise adequate resources of capital required by large-scale enterprise. The private property of shareholder is not attachable to recover the dues of the company. As an incorporated body, a company enjoys perpetual existence. These economies would provide goods to the consumer at a cheaper price. The provisions regarding compulsory publication of some documents, accounts, directors report, etc., create confidence in public. Their accounts are audited by a chartered accountant and are to be published. This creates confidence in the public about the functioning of the company. The shares of most joint stock companies are listed on the stock exchange and hence can be easily sold. Thus, the available skill is utilized for the benefit of the company. The company organisation, therefore, is like a bridge between the skill and capital. This is because of the reason that the company pays tax on the flat rates. Similarly, company gets some tax concessions if it establishes itself in a backward area. The business risk is divided among several members of the company. It has to approach large number of people for its capital and it cannot commence business, unless it has obtained a certificate of incorporation and a certificate to commence business. The minutes of meeting and accounts of the firms profit and loss etc., have to be published. Board of directors itself has often to be at the mercy of bureaucracy. It gives easy scope for the formation of combinations which results in monopoly. Large joint stock companies tend to form themselves into combinations or associations exercising monopolistic power which may prove detrimental to other firms in the same line or to the consumers. This may lead to reduced employee motivation and result in inefficiency. The establishment and running of a company, therefore, would prove to be troublesome and burdensome because of complicated legal regulations. The fraudulent promoters may be fool the public to collect capital and misuse it for their personal gain.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |