stock company

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Stock Company

stock company

A company owned by stockholders, with the ownership evidenced by transferable certificates. Compare mutual company.
References in periodicals archive ?
Waleed Al-Bawardi, director of cash and markets at Tadawul, said that during 2011 only four family companies had been converted into joint stock companies.
Companies that were organized in a way resembling today's joint stock companies can be found in 17th century.
Stock companies are under constant pressure to meet financial targets, which often leads to a focus on short-term results.
The joint stock companies will have to meet certain criteria pertaining to the shareholding capital, number of shareholders and positive financial results.
We determined in 1899 that we would be a preferable alternative to stock companies in Toronto and we've stuck by that vision for the past 107 years," said Cameron Ross, CEO and manager of Canada-based Algoma Mutual.
Clearly the easier capital access afforded the stock companies a leg up on setting and meeting more aggressive growth objectives," said Stephan Christiansen, Director of Research at Conning.
19/2011 committed the joint stock companies licensed in Ras Al Khaimah with all decisions and instructions issued by the competent authorities on the governance regulations and standards of institutional discipline.
based attorney who represents a coalition of 15 insurance companies, mostly stock companies, said an uneven playing field is not the issue.
The Financial Services Agency (FSA) plans to enable life insurers to convert themselves from mutual firms into stock companies by taking advantage of a cost-effective debt-equity swap mechanism, a major daily reported Wednesday.
Summary: ABU DHABI - The Emirates Securities and Commodities Authority (SCA) has announced that the rate of disclosure of financial statement by local public joint stock companies for the first half of the current year has reached 99.
Muscat, Feb 20 (ONA) The Capital Market Authority (CMA) will organize on February 28 th , a workshop on "The Roles, Duties and Responsibilities of Legal Advisors" at Joint Stock Companies.
Also, mutual holding companies aren't answerable to the market on a quarterly basis to the same extent as stock companies.