joint stock association

简明释义

股份组合

英英释义

例句

1.The legal framework for a joint stock association is defined by corporate law.

对于股份公司的法律框架由公司法定义。

2.A joint stock association allows multiple shareholders to invest in a single enterprise.

一个股份公司允许多个股东投资于单一企业。

3.The newly formed company decided to operate as a joint stock association.

新成立的公司决定以股份公司的形式运作。

4.In a joint stock association, shareholders have limited liability.

在股份公司中，股东享有有限责任。

5.Investors were attracted to the joint stock association due to its potential for high returns.

由于其高回报潜力，投资者被吸引到这家股份公司。

作文

In the landscape of modern business, various forms of organizations exist to meet the diverse needs of entrepreneurs and investors. One such form is the joint stock association, which has played a pivotal role in the development of businesses across the globe. A joint stock association (股份公司) is essentially a type of business entity where capital is raised through the issuance of shares. This structure allows multiple individuals to invest in a company while limiting their liability to the amount they have invested. The concept of a joint stock association dates back several centuries, with its roots in the need for collective investment. Historically, merchants would pool resources to fund expeditions or ventures that were too risky for any single individual. This collaborative approach laid the groundwork for what we now recognize as a joint stock association. By sharing both the risks and rewards, investors could engage in larger projects than they could independently.One of the primary advantages of a joint stock association is the ability to raise significant capital. Companies can issue shares to the public, allowing them to attract a wide range of investors. This influx of capital enables businesses to expand operations, invest in new technologies, and enter new markets. Furthermore, the liquidity provided by the stock market allows shareholders to buy and sell shares, making it an attractive investment option.Another important feature of a joint stock association is the limited liability protection it offers to its shareholders. Unlike sole proprietorships or partnerships, where personal assets may be at risk, shareholders in a joint stock association are only liable for the debts of the company up to the amount they have invested. This encourages more people to invest in businesses, knowing that their personal finances are safeguarded.However, operating as a joint stock association also comes with challenges. Companies must adhere to strict regulatory requirements, including regular financial disclosures and adherence to corporate governance practices. This transparency is essential to protect investors and maintain trust in the financial markets. Additionally, the decision-making process in a joint stock association can be complex, as shareholders often have varying interests and opinions regarding the direction of the company.In conclusion, the joint stock association (股份公司) is a cornerstone of modern capitalism, providing a framework for collective investment and shared risk. Its ability to raise capital and limit liability has made it a popular choice for businesses seeking growth and expansion. While there are challenges associated with this structure, the benefits it offers to both entrepreneurs and investors make it a vital component of the global economy. Understanding how a joint stock association operates is crucial for anyone looking to navigate the world of business and investment effectively.