advantages and disadvantages of public joint-stock
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Advantages of Joint Stock Company:
(1) Huge Financial Resources:(2) Efficient Management:(3) Limited Liability:(4) Transferability of Share:(5) Diffusion of Risk:(6) Stability:(7) Public Confidence:(8) Scope for Expansion:
Disadvantages of Joint Stock Company
Delay in Decision-Making: ...Monopolistic Powers: ...Excessive Regulation by Law: ...Conflict of Interests: ...Lack of Secrecy:
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