-
Joint Stock Companies
Joint-stock companies finance the settlement of colonies in the New World. These private companies raise money by selling stock and eventually rewarding investors with the profits from American goods.
published: 01 May 2020
-
Joint-Stock Company Definition for Kids
https://www.historyillustrated.com
published: 16 Sep 2015
-
What is a Joint Stock Company ?
Please watch: "Types of Life Insurance Policy l Life Insurance as per needs"
https://www.youtube.com/watch?v=BoS8uV3f4bI --~--
We provide professional home Tutor for Accounts and other Commerce subjects.
Following are the links of other videos.......
Fast solving Accounting sums:- https://youtu.be/A0DAkE9WaZo
Important concepts regarding Shares:- https://youtu.be/CP8pCpvZpgs
Concept of Joit Stock Company:- https://youtu.be/kg1Yo0TuOz4
Features of Preference Shares:- https://youtu.be/2wlhCUwXJIw
Business Service and Types of Bank:-
https://youtu.be/hKhMu_bykrk
Functions of Commercial Banks:-
https://youtu.be/JL-prcaiTh8
Function/Need/Impotance of Warehouses:-
https://youtu.be/sj_QveI9vfo
Types of Warehouses:- https://youtu.be/HiTAFYeONxI
Social Responsibilities of Bus. Or...
published: 28 Dec 2019
-
Joint stock Companies
This interactive animation explains the concept of joint-stock companies, their types as well as merits and demerits of it.
published: 07 Apr 2017
-
What Is A Joint Stock Company?
A joint stock company is a type of business wherein shareholders are considered the company's owners and have the right to buy and sell stock.
In joint stock companies, the owners are expected to share profits, and they are formed to finance ventures that are too costly for an investor or even a government to invest in.
A joint stock company is a legal arrangement between entities that creates a new organisation for commercial purposes, allowing two or more shareholders to form a corporation.
A joint stock company's shares are transferable. The shares of a public joint stock company are traded on licenced stock exchanges and they can be transferred between individuals, but this is usually restricted to family members by consent.
What are the benefits of forming a joint stock company? ...
published: 17 May 2021
-
Joint Stock Companies Explained | Finance Concepts - Learning IRL By ABGLP
Are you interested in an finance career? Do you want to ace the placement game and land an internship with your dream company? InsideIIM, in association with ABGLP, brings you Learning #IRL. Brush up on basic concepts and revise for the placement season with this unique content. Check out this video and brush up on a basic finance concept today!
India has moe tha 30 unicorn today. These companies, valued at over $ 1 Bn though are all private. This is true for many profitable companies all over the world. Which means, you and I, are unable to invest in thes companies and earn from their profits too. Which is why today, we discuss joint stock companies and how you too can benefit from these. Check out this video to learn more.
*This is a promoted feature.
published: 18 Nov 2019
-
What is a Joint Stock company - Limited Liability Companies Explained - Kisembo Academy
In this video, i get to explain the joint stock company, a form of business where persons incorporate, having joint stocks having transferable shares. i get to discuss the features of a joint stock company, the types of companies, Advantages/ merits and disadvantages/ demerits of joint stock companies.
For More CPA related videos, Consider subscribing to this you tube channel by following this link https://www.youtube.com/channel/UCEqI9ZwgGqH4oyCDP0lpvLg?sub_confirmation=1
kindly consider supporting me to make more of these videos by following this link to donate
https://dashboard.flutterwave.com/donate/udfsqrdefxw7
Thank You and God Bless You
published: 01 May 2020
-
John Micklethwait Explains the History of the Joint Stock Company | Big Think
John Micklethwait Explains the History of the Joint Stock Company
New videos DAILY: https://bigth.ink/youtube
Join Big Think Edge for exclusive videos: https://bigth.ink/Edge
----------------------------------------------------------------------------------
How thinking about companies will change with the economic crisis.
----------------------------------------------------------------------------------
John Micklethwait:
John Micklethwait is Editor-in-Chief of The Economist. Before that he edited the US section of the newspaper (1999 - 2006) and ran the New York Bureau for two years, having edited the Business Section of the newspaper for the previous four years. His other roles have included setting up The Economist's office in Los Angeles, where he worked from 1990 - 1993 and being ...
published: 24 Apr 2012
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Joint-Stock Company
What is a Joint-Stock company? How does it revolutionize business?-- Created using PowToon -- Free sign up at http://www.powtoon.com/ . Make your own animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
published: 11 Nov 2013
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"Introduction & Features of Joint Stock Company" - BOM & Company Law Subject
Dear Friends,
Please follow the BOM Subject all the topics link as given below:
https://www.youtube.com/watch?v=rqoMeEAFxMo&list=PLLhSIFfDZcUUVPN7DGDrMXVj9hO4QpmK4
Please follow the given Subjects & Chapters related to Commerce & Management Subjects:
1. Financial Accountancy
https://www.youtube.com/watch?v=SUQMUc3Z3vs&list=PLLhSIFfDZcUUwKluDIB2exPUYc75Va37x
2. MEFA (Managerial Economics & Financial Analysis)
https://www.youtube.com/watch?v=SUQMUc3Z3vs&list=PLLhSIFfDZcUVOc4-bhQI8kytZJyFwuw6Y
3. Business Law
https://www.youtube.com/watch?v=ol2BXgF-P48&list=PLLhSIFfDZcUXbaSuijo00gIh4pj5If0iX
4. Statistics
https://www.youtube.com/watch?v=NDO9SzxR3Vg&list=PLLhSIFfDZcUUj3w40cJgOm6WGAPjTp-iQ
5. Financial Management
https://www.youtube.com/watch?v=1WFYjEppsSo&list=PLLhSIFfDZcUWjAqEki4OcBZ...
published: 17 Jun 2020
1:12
Joint Stock Companies
Joint-stock companies finance the settlement of colonies in the New World. These private companies raise money by selling stock and eventually rewarding investo...
Joint-stock companies finance the settlement of colonies in the New World. These private companies raise money by selling stock and eventually rewarding investors with the profits from American goods.
https://wn.com/Joint_Stock_Companies
Joint-stock companies finance the settlement of colonies in the New World. These private companies raise money by selling stock and eventually rewarding investors with the profits from American goods.
- published: 01 May 2020
- views: 20559
2:13
What is a Joint Stock Company ?
Please watch: "Types of Life Insurance Policy l Life Insurance as per needs"
https://www.youtube.com/watch?v=BoS8uV3f4bI --~--
We provide professional home Tut...
Please watch: "Types of Life Insurance Policy l Life Insurance as per needs"
https://www.youtube.com/watch?v=BoS8uV3f4bI --~--
We provide professional home Tutor for Accounts and other Commerce subjects.
Following are the links of other videos.......
Fast solving Accounting sums:- https://youtu.be/A0DAkE9WaZo
Important concepts regarding Shares:- https://youtu.be/CP8pCpvZpgs
Concept of Joit Stock Company:- https://youtu.be/kg1Yo0TuOz4
Features of Preference Shares:- https://youtu.be/2wlhCUwXJIw
Business Service and Types of Bank:-
https://youtu.be/hKhMu_bykrk
Functions of Commercial Banks:-
https://youtu.be/JL-prcaiTh8
Function/Need/Impotance of Warehouses:-
https://youtu.be/sj_QveI9vfo
Types of Warehouses:- https://youtu.be/HiTAFYeONxI
Social Responsibilities of Bus. Org. - https://youtu.be/rpMpVc58r8g
Social resp. of bus. Towards employee - https://youtu.be/aD97-B_8z8Y
Social resp. of bus. Towards owner - https://youtu.be/BW0pSN-ywFo
Consumer Dispute Redressal Forums - https://youtu.be/WYFBvMxKEA0
Ways and Means of Consumer Protection - https://youtu.be/J_cDPmfz0Dw
Responsibilities of Consumers - https://youtu.be/KOXN96pHupY
Consumer Protection | Need & Importance - https://youtu.be/9eXJSDXZ-ws
Rights of Consumers - https://youtu.be/SO5dCLTdD7Q
BILLS OF EXCHANGE
Specimen journal entries - https://youtu.be/WiVUPmLzWtg
SUM NO, 4 - https://youtu.be/yOALA2fkdUU
SUM NO. 5 - https://youtu.be/29oYMVdxVc8
SUM NO. 6 - https://youtu.be/VvxOkIvQiDw
SUM NO. 7 - https://youtu.be/aPunvo7ju-k
SUM NO. 8 - https://youtu.be/JwXxRuujQHE
SUM NO. 9 - https://youtu.be/mvJHZwSwcY0
SUM NO. 10 - https://youtu.be/Fnul9IA91w0
SUM NO. 11 - https://youtu.be/7tvcwxr7t9I
SUM NO. 12 – https://youtu.be/CY8_SO4w4L8
SUM NO. 13 – https://youtu.be/2U2P0z4Cyys
DISSOLUTION OF PARTNERSHIP FIRM
SUM NO. 1 - https://youtu.be/VrAmuLbCXO4
SUM NO. 2 – https://youtu.be/zYcUxdzcnss
SUM NO. 3 - https://youtu.be/i8KxMrMXNjc
SUM NO. 4 – https://youtu.be/ctz2in-htKc
SUM NO. 5 – https://youtu.be/fJJ5s3RYtpI
SUM NO. 6 – https://youtu.be/WBE5DWbysik
SUM NO. 7 – https://youtu.be/hEuC4wS1iFM
SUM NO. 8 – https://youtu.be/aE2B--bYAsw
SUM NO. 9 – https://youtu.be/08IW4SDUJv8
ADMISSION OF PARTNER
Treatment of Goodwill - https://youtu.be/xVgTuonw2QA
1 – https://youtu.be/VrAmuLbCXO4
2 – https://youtu.be/17qqnvQDGNo
3 – https://youtu.be/91J7ewDzT8E
4 – https://youtu.be/wWHuaZz3FUk
5 – https://youtu.be/rC6mvY6fWp8
6 – https://youtu.be/KehzmKI3Yeo
7 – https://youtu.be/snvv9j_rjz8
8 – https://youtu.be/ra4xC3WFONM
NPO
4 – https://youtu.be/UP_tSe9s1x0
5 – https://youtu.be/_V64uAXIaQA
6 – https://youtu.be/ySyzw37NEh0
7 – https://youtu.be/i6Th24p_ees
8 – https://youtu.be/F_p4zw4U7YM
9 – https://youtu.be/pOZAzUtqgrc
10 – https://youtu.be/MfW5CQZLPJU
11 – https://youtu.be/hWx8Vdb-q8I
Final a/c - https://youtu.be/xFGUKiZbreY
Fast solving final a/c - https://youtu.be/A0DAkE9WaZo
https://wn.com/What_Is_A_Joint_Stock_Company
Please watch: "Types of Life Insurance Policy l Life Insurance as per needs"
https://www.youtube.com/watch?v=BoS8uV3f4bI --~--
We provide professional home Tutor for Accounts and other Commerce subjects.
Following are the links of other videos.......
Fast solving Accounting sums:- https://youtu.be/A0DAkE9WaZo
Important concepts regarding Shares:- https://youtu.be/CP8pCpvZpgs
Concept of Joit Stock Company:- https://youtu.be/kg1Yo0TuOz4
Features of Preference Shares:- https://youtu.be/2wlhCUwXJIw
Business Service and Types of Bank:-
https://youtu.be/hKhMu_bykrk
Functions of Commercial Banks:-
https://youtu.be/JL-prcaiTh8
Function/Need/Impotance of Warehouses:-
https://youtu.be/sj_QveI9vfo
Types of Warehouses:- https://youtu.be/HiTAFYeONxI
Social Responsibilities of Bus. Org. - https://youtu.be/rpMpVc58r8g
Social resp. of bus. Towards employee - https://youtu.be/aD97-B_8z8Y
Social resp. of bus. Towards owner - https://youtu.be/BW0pSN-ywFo
Consumer Dispute Redressal Forums - https://youtu.be/WYFBvMxKEA0
Ways and Means of Consumer Protection - https://youtu.be/J_cDPmfz0Dw
Responsibilities of Consumers - https://youtu.be/KOXN96pHupY
Consumer Protection | Need & Importance - https://youtu.be/9eXJSDXZ-ws
Rights of Consumers - https://youtu.be/SO5dCLTdD7Q
BILLS OF EXCHANGE
Specimen journal entries - https://youtu.be/WiVUPmLzWtg
SUM NO, 4 - https://youtu.be/yOALA2fkdUU
SUM NO. 5 - https://youtu.be/29oYMVdxVc8
SUM NO. 6 - https://youtu.be/VvxOkIvQiDw
SUM NO. 7 - https://youtu.be/aPunvo7ju-k
SUM NO. 8 - https://youtu.be/JwXxRuujQHE
SUM NO. 9 - https://youtu.be/mvJHZwSwcY0
SUM NO. 10 - https://youtu.be/Fnul9IA91w0
SUM NO. 11 - https://youtu.be/7tvcwxr7t9I
SUM NO. 12 – https://youtu.be/CY8_SO4w4L8
SUM NO. 13 – https://youtu.be/2U2P0z4Cyys
DISSOLUTION OF PARTNERSHIP FIRM
SUM NO. 1 - https://youtu.be/VrAmuLbCXO4
SUM NO. 2 – https://youtu.be/zYcUxdzcnss
SUM NO. 3 - https://youtu.be/i8KxMrMXNjc
SUM NO. 4 – https://youtu.be/ctz2in-htKc
SUM NO. 5 – https://youtu.be/fJJ5s3RYtpI
SUM NO. 6 – https://youtu.be/WBE5DWbysik
SUM NO. 7 – https://youtu.be/hEuC4wS1iFM
SUM NO. 8 – https://youtu.be/aE2B--bYAsw
SUM NO. 9 – https://youtu.be/08IW4SDUJv8
ADMISSION OF PARTNER
Treatment of Goodwill - https://youtu.be/xVgTuonw2QA
1 – https://youtu.be/VrAmuLbCXO4
2 – https://youtu.be/17qqnvQDGNo
3 – https://youtu.be/91J7ewDzT8E
4 – https://youtu.be/wWHuaZz3FUk
5 – https://youtu.be/rC6mvY6fWp8
6 – https://youtu.be/KehzmKI3Yeo
7 – https://youtu.be/snvv9j_rjz8
8 – https://youtu.be/ra4xC3WFONM
NPO
4 – https://youtu.be/UP_tSe9s1x0
5 – https://youtu.be/_V64uAXIaQA
6 – https://youtu.be/ySyzw37NEh0
7 – https://youtu.be/i6Th24p_ees
8 – https://youtu.be/F_p4zw4U7YM
9 – https://youtu.be/pOZAzUtqgrc
10 – https://youtu.be/MfW5CQZLPJU
11 – https://youtu.be/hWx8Vdb-q8I
Final a/c - https://youtu.be/xFGUKiZbreY
Fast solving final a/c - https://youtu.be/A0DAkE9WaZo
- published: 28 Dec 2019
- views: 14418
8:08
Joint stock Companies
This interactive animation explains the concept of joint-stock companies, their types as well as merits and demerits of it.
This interactive animation explains the concept of joint-stock companies, their types as well as merits and demerits of it.
https://wn.com/Joint_Stock_Companies
This interactive animation explains the concept of joint-stock companies, their types as well as merits and demerits of it.
- published: 07 Apr 2017
- views: 78525
6:24
What Is A Joint Stock Company?
A joint stock company is a type of business wherein shareholders are considered the company's owners and have the right to buy and sell stock.
In joint stock ...
A joint stock company is a type of business wherein shareholders are considered the company's owners and have the right to buy and sell stock.
In joint stock companies, the owners are expected to share profits, and they are formed to finance ventures that are too costly for an investor or even a government to invest in.
A joint stock company is a legal arrangement between entities that creates a new organisation for commercial purposes, allowing two or more shareholders to form a corporation.
A joint stock company's shares are transferable. The shares of a public joint stock company are traded on licenced stock exchanges and they can be transferred between individuals, but this is usually restricted to family members by consent.
What are the benefits of forming a joint stock company?
• The liability of a joint stock partnership is limited to the unpaid balance on the member's shares. Their capital is secure in this situation, and they are welcomed to invest in joint stock companies.
• In a joint stock company, shares may be transferred.
• Since the shares of a joint stock company can be passed on from generation to generation, they have the advantage of eternal succession.
• Since all operations are overseen by a board of directors, most joint stock companies are extremely well controlled.
• Due to their vast resources, joint stock companies may employ experts to manage their operations.
• An organisation employs a board of directors to oversee all operations, and competent, talented individuals are elected to the board, resulting in effective and productive management.
#joinstockcompanies #advantagesofjoinstockcompany #joinstockcompanies #kalkinemedia
To get more updates about Australia, NZ, UK & Canada stock market news, investors education & insights subscribe our channel at https://bit.ly/3cHKioy
About us:
Kalkine Media’s You Tube Channel is a one stop shop for all related news, updates, expert views, business insights etc. Catch ASX Daily market commentary, trending news stories for the day, market movers, stock information, top research stories, expert insights and much more only on Kalkine Media’s You Tube Channel.
Check out our media Website 👉 https://kalkinemedia.com/au
Follow us and stay updated on the Go with the Stock Market 👇👇
Facebook - https://www.facebook.com/kalkineau/
Twitter - https://twitter.com/kalkineau
LinkedIN - https://www.linkedin.com/company/4829818
https://wn.com/What_Is_A_Joint_Stock_Company
A joint stock company is a type of business wherein shareholders are considered the company's owners and have the right to buy and sell stock.
In joint stock companies, the owners are expected to share profits, and they are formed to finance ventures that are too costly for an investor or even a government to invest in.
A joint stock company is a legal arrangement between entities that creates a new organisation for commercial purposes, allowing two or more shareholders to form a corporation.
A joint stock company's shares are transferable. The shares of a public joint stock company are traded on licenced stock exchanges and they can be transferred between individuals, but this is usually restricted to family members by consent.
What are the benefits of forming a joint stock company?
• The liability of a joint stock partnership is limited to the unpaid balance on the member's shares. Their capital is secure in this situation, and they are welcomed to invest in joint stock companies.
• In a joint stock company, shares may be transferred.
• Since the shares of a joint stock company can be passed on from generation to generation, they have the advantage of eternal succession.
• Since all operations are overseen by a board of directors, most joint stock companies are extremely well controlled.
• Due to their vast resources, joint stock companies may employ experts to manage their operations.
• An organisation employs a board of directors to oversee all operations, and competent, talented individuals are elected to the board, resulting in effective and productive management.
#joinstockcompanies #advantagesofjoinstockcompany #joinstockcompanies #kalkinemedia
To get more updates about Australia, NZ, UK & Canada stock market news, investors education & insights subscribe our channel at https://bit.ly/3cHKioy
About us:
Kalkine Media’s You Tube Channel is a one stop shop for all related news, updates, expert views, business insights etc. Catch ASX Daily market commentary, trending news stories for the day, market movers, stock information, top research stories, expert insights and much more only on Kalkine Media’s You Tube Channel.
Check out our media Website 👉 https://kalkinemedia.com/au
Follow us and stay updated on the Go with the Stock Market 👇👇
Facebook - https://www.facebook.com/kalkineau/
Twitter - https://twitter.com/kalkineau
LinkedIN - https://www.linkedin.com/company/4829818
- published: 17 May 2021
- views: 1690
3:11
Joint Stock Companies Explained | Finance Concepts - Learning IRL By ABGLP
Are you interested in an finance career? Do you want to ace the placement game and land an internship with your dream company? InsideIIM, in association with AB...
Are you interested in an finance career? Do you want to ace the placement game and land an internship with your dream company? InsideIIM, in association with ABGLP, brings you Learning #IRL. Brush up on basic concepts and revise for the placement season with this unique content. Check out this video and brush up on a basic finance concept today!
India has moe tha 30 unicorn today. These companies, valued at over $ 1 Bn though are all private. This is true for many profitable companies all over the world. Which means, you and I, are unable to invest in thes companies and earn from their profits too. Which is why today, we discuss joint stock companies and how you too can benefit from these. Check out this video to learn more.
*This is a promoted feature.
https://wn.com/Joint_Stock_Companies_Explained_|_Finance_Concepts_Learning_Irl_By_Abglp
Are you interested in an finance career? Do you want to ace the placement game and land an internship with your dream company? InsideIIM, in association with ABGLP, brings you Learning #IRL. Brush up on basic concepts and revise for the placement season with this unique content. Check out this video and brush up on a basic finance concept today!
India has moe tha 30 unicorn today. These companies, valued at over $ 1 Bn though are all private. This is true for many profitable companies all over the world. Which means, you and I, are unable to invest in thes companies and earn from their profits too. Which is why today, we discuss joint stock companies and how you too can benefit from these. Check out this video to learn more.
*This is a promoted feature.
- published: 18 Nov 2019
- views: 11593
18:09
What is a Joint Stock company - Limited Liability Companies Explained - Kisembo Academy
In this video, i get to explain the joint stock company, a form of business where persons incorporate, having joint stocks having transferable shares. i get to...
In this video, i get to explain the joint stock company, a form of business where persons incorporate, having joint stocks having transferable shares. i get to discuss the features of a joint stock company, the types of companies, Advantages/ merits and disadvantages/ demerits of joint stock companies.
For More CPA related videos, Consider subscribing to this you tube channel by following this link https://www.youtube.com/channel/UCEqI9ZwgGqH4oyCDP0lpvLg?sub_confirmation=1
kindly consider supporting me to make more of these videos by following this link to donate
https://dashboard.flutterwave.com/donate/udfsqrdefxw7
Thank You and God Bless You
https://wn.com/What_Is_A_Joint_Stock_Company_Limited_Liability_Companies_Explained_Kisembo_Academy
In this video, i get to explain the joint stock company, a form of business where persons incorporate, having joint stocks having transferable shares. i get to discuss the features of a joint stock company, the types of companies, Advantages/ merits and disadvantages/ demerits of joint stock companies.
For More CPA related videos, Consider subscribing to this you tube channel by following this link https://www.youtube.com/channel/UCEqI9ZwgGqH4oyCDP0lpvLg?sub_confirmation=1
kindly consider supporting me to make more of these videos by following this link to donate
https://dashboard.flutterwave.com/donate/udfsqrdefxw7
Thank You and God Bless You
- published: 01 May 2020
- views: 2703
3:09
John Micklethwait Explains the History of the Joint Stock Company | Big Think
John Micklethwait Explains the History of the Joint Stock Company
New videos DAILY: https://bigth.ink/youtube
Join Big Think Edge for exclusive videos: https://...
John Micklethwait Explains the History of the Joint Stock Company
New videos DAILY: https://bigth.ink/youtube
Join Big Think Edge for exclusive videos: https://bigth.ink/Edge
----------------------------------------------------------------------------------
How thinking about companies will change with the economic crisis.
----------------------------------------------------------------------------------
John Micklethwait:
John Micklethwait is Editor-in-Chief of The Economist. Before that he edited the US section of the newspaper (1999 - 2006) and ran the New York Bureau for two years, having edited the Business Section of the newspaper for the previous four years. His other roles have included setting up The Economist's office in Los Angeles, where he worked from 1990 - 1993 and being Media Correspondent. He has covered business and politics from the United States, Latin America, Continental Europe, Southern Africa and most of Asia. He is a frequent broadcaster and has appeared on CNN, ABC News, BBC and NPR. He is the co-author of "The Witch Doctors", "A Future Perfect: the Challenge and Hidden Promise of Globalisation" and "The Company: A Short History of a Revolutionary Idea" and "The Right Nation", a study of conservatism in America, with Adrian Wooldridge, also an Economist journalist.
----------------------------------------------------------------------------------
TRANSCRIPT:
Question: What was the thesis of your book The Company?
Micklethwait: No, I think the basic… It always changes about things but in terms of the basic idea. What was called “The Company - A Short History of a Revolutionary Idea,” and the basic idea behind it was that actually this boring institution, the company, the joint stock company, actually was a revolutionary technology. It took an idea about a way to run businesses and ways to bring in outside capital and above all the idea of limited liability and that actually completely transformed the world. If you want an example going back to what we originally said, you know, when the joint stock company first appeared back in, I think, Elizabethan England and then it helped, in many ways, colonized America. At that precise time, you would argue that the Islamic world had much, much more advanced commercial structures than the European world did, what happened in fact is that Islam got left behind and one big reason for that was they were unable to come up with a structure partly to do with actual reasons to it, religion and inheritance and stuff like that which can actually deal with joint stock companies. And that made a big difference. I think the company is still an amazing organization, what comes after the current crisis about it is harder. I mean, you could argue that to some extent when you look at banks, the concept of limited liability hasn’t gone… it has been very limited liability for the people who are on top of them that they… the full way in which capitalism was supposed to work whereby people who did very well were then supposed to lose huge amounts when they went is true, people on top of banks have lost quite a lot of money but there’s still a general feeling out there that people have got a lot for nothing and what intrigues me on that is a particular thing to do with the company with the way we argue is a revolutionary organization, but it’s always relied on some degree of a franchise from society, whenever companies, whenever corporate Catholicism is seen to go too far, in some direction or other, there’s usually, not always for the better, but there’s always been some degree of backlash. There’s always been some degree of we want this back, it’s worth remembering actually. The companies exist because of the state. They exist because the state decides to give uniquely to a company the concept of limited liability. If you get bust or I get bust then it’s us personally. A company has that ability just to keep all its debts within itself and the people behind it, not to be hit for the full bill and that is a privilege given by the state and although in general, I’m much more frightened about there being far too much regulation after the particular… this particular episode, we’re still going through… there’s a reason, at least conceptually, to imagine why people might want to re-examine that relationship.
https://wn.com/John_Micklethwait_Explains_The_History_Of_The_Joint_Stock_Company_|_Big_Think
John Micklethwait Explains the History of the Joint Stock Company
New videos DAILY: https://bigth.ink/youtube
Join Big Think Edge for exclusive videos: https://bigth.ink/Edge
----------------------------------------------------------------------------------
How thinking about companies will change with the economic crisis.
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John Micklethwait:
John Micklethwait is Editor-in-Chief of The Economist. Before that he edited the US section of the newspaper (1999 - 2006) and ran the New York Bureau for two years, having edited the Business Section of the newspaper for the previous four years. His other roles have included setting up The Economist's office in Los Angeles, where he worked from 1990 - 1993 and being Media Correspondent. He has covered business and politics from the United States, Latin America, Continental Europe, Southern Africa and most of Asia. He is a frequent broadcaster and has appeared on CNN, ABC News, BBC and NPR. He is the co-author of "The Witch Doctors", "A Future Perfect: the Challenge and Hidden Promise of Globalisation" and "The Company: A Short History of a Revolutionary Idea" and "The Right Nation", a study of conservatism in America, with Adrian Wooldridge, also an Economist journalist.
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TRANSCRIPT:
Question: What was the thesis of your book The Company?
Micklethwait: No, I think the basic… It always changes about things but in terms of the basic idea. What was called “The Company - A Short History of a Revolutionary Idea,” and the basic idea behind it was that actually this boring institution, the company, the joint stock company, actually was a revolutionary technology. It took an idea about a way to run businesses and ways to bring in outside capital and above all the idea of limited liability and that actually completely transformed the world. If you want an example going back to what we originally said, you know, when the joint stock company first appeared back in, I think, Elizabethan England and then it helped, in many ways, colonized America. At that precise time, you would argue that the Islamic world had much, much more advanced commercial structures than the European world did, what happened in fact is that Islam got left behind and one big reason for that was they were unable to come up with a structure partly to do with actual reasons to it, religion and inheritance and stuff like that which can actually deal with joint stock companies. And that made a big difference. I think the company is still an amazing organization, what comes after the current crisis about it is harder. I mean, you could argue that to some extent when you look at banks, the concept of limited liability hasn’t gone… it has been very limited liability for the people who are on top of them that they… the full way in which capitalism was supposed to work whereby people who did very well were then supposed to lose huge amounts when they went is true, people on top of banks have lost quite a lot of money but there’s still a general feeling out there that people have got a lot for nothing and what intrigues me on that is a particular thing to do with the company with the way we argue is a revolutionary organization, but it’s always relied on some degree of a franchise from society, whenever companies, whenever corporate Catholicism is seen to go too far, in some direction or other, there’s usually, not always for the better, but there’s always been some degree of backlash. There’s always been some degree of we want this back, it’s worth remembering actually. The companies exist because of the state. They exist because the state decides to give uniquely to a company the concept of limited liability. If you get bust or I get bust then it’s us personally. A company has that ability just to keep all its debts within itself and the people behind it, not to be hit for the full bill and that is a privilege given by the state and although in general, I’m much more frightened about there being far too much regulation after the particular… this particular episode, we’re still going through… there’s a reason, at least conceptually, to imagine why people might want to re-examine that relationship.
- published: 24 Apr 2012
- views: 7808
2:53
Joint-Stock Company
What is a Joint-Stock company? How does it revolutionize business?-- Created using PowToon -- Free sign up at http://www.powtoon.com/ . Make your own animated ...
What is a Joint-Stock company? How does it revolutionize business?-- Created using PowToon -- Free sign up at http://www.powtoon.com/ . Make your own animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
https://wn.com/Joint_Stock_Company
What is a Joint-Stock company? How does it revolutionize business?-- Created using PowToon -- Free sign up at http://www.powtoon.com/ . Make your own animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
- published: 11 Nov 2013
- views: 78298
14:02
"Introduction & Features of Joint Stock Company" - BOM & Company Law Subject
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8. Basic Introduction Chapter of Financial Accountancy
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9. Bank Reconciliation Statement
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10. Final Accounts
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11. Depreciation
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- published: 17 Jun 2020
- views: 226027