KGAA Meaning and
Definition
-
KGAA is the abbreviation for "Kommanditgesellschaft auf Aktien," a German term that translates to "limited partnership with shares" in English. It refers to a specific legal form of company organization in Germany and Austria.
In a KGAA, the company structure combines elements of a limited partnership (Kommanditgesellschaft or KG) and a stock corporation (Aktiengesellschaft or AG). It is characterized by two types of partners: general partners (Komplementär) and limited partners (Kommanditaktionär).
The general partners in a KGAA have unlimited liability for the company's debts and obligations. They bear the responsibility for managing the business and making decisions on its behalf. On the other hand, limited partners have limited liability and are not actively involved in managing the company. They are akin to shareholders of a regular stock corporation.
The shares of a KGAA are publicly traded on the stock exchange, providing an opportunity for investors to own a stake in the company. This structure allows for a greater access to capital and shares the risks and rewards of the enterprise among several investors.
KGAA is commonly employed by larger companies operating in Germany and Austria, notably in sectors such as pharmaceuticals, chemicals, and manufacturing. It offers a flexible and established legal framework that combines aspects of a partnership and a corporation, ensuring a balance between active management and passive ownership.
Common Misspellings for KGAA
- kygaa
- kgyaa
- ktgaa
- kgtaa
- kgzaa
- kgaza
- kgsaa
- kgasa
- kgwaa
- kgawa
- kgqaa
- kgaqa
- kgaaz
- kgaaw
- kgaaq
- kkgaa
- kggaa
- k gaa
- kg aa
- kga a
