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प्रश्न
Justify the following statement.
There is separation of ownership and management in Joint Stock Company.
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उत्तर
- The shareholders are the owners of the company. The company is managed by the Board of Directors who are elected representatives of the shareholders.
- There is a separation of ownership and management because of the following reasons:
(a) Scattered membership
(b) Large membership
(c) Disinterested shareholder
(d) Heterogeneous members
(e) Separate legal entity. - Thus, ownership is in the hands of shareholders and the management is with the Board of Directors who are paid employees of the company.
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संबंधित प्रश्न
Distinguish between the following:
Joint Stock Company and Co-operative society.
Justify the following statement.
Registration of the Joint Stock Company is compulsory.
Justify the following statement.
The liability of a shareholder of company is limited.
Justify the following statement.
The Joint Stock Company collects huge capital from the public.
Justify the following statement.
There is more Government control and supervision over the working of Joint Stock Company.
State True or False:
There is a separation of ownership & management in the Joint Stock Company.
Complete the sentence.
Registration of Joint stock company is compulsory according to the Companies Act _______.
Correct the underlined word and rewrite the following sentence.
Registration of Joint Stock Company is not compulsory.
Explain the following term/concept:
Joint Stock Company.
Justify the following statement.
A Joint Stock Company can raise huge capital.
Attempt the following:
Explain the demerits of Joint Stock Company.
Why is a private company more desirable than a public company? Give any two reasons.
Which of the following best describes a joint stock company?
What is the risk to shareholders in a joint stock company?
Which company type is formed under the Companies Act, 2013?
Which is NOT a merit of a joint stock company?
What is one major demerit of a joint stock company?
