OJSC Meaning and
Definition
-
OJSC stands for Open Joint Stock Company. It is a type of business organization commonly found in Russia and other former Soviet Union countries. OJSC is a legal form of a joint stock company where ownership is divided into shares that are publicly traded on the stock market.
In an OJSC, the company's capital is divided into shares, which represent the ownership of the company. These shares can be freely bought and sold by individual and institutional investors in the stock market. The shareholders of an OJSC are liable only to the extent of their investment in the company, and their personal assets are protected from company liabilities.
OJSCs are required by law to have a board of directors that is elected by the shareholders. This board is responsible for making major business decisions, appointing company executives, and ensuring the company's compliance with legal and regulatory requirements.
Another key feature of OJSCs is transparency. They are subject to extensive reporting requirements and must disclose their financial information and operations publicly. This allows shareholders and potential investors to make informed decisions about investing in the company.
OJSCs are commonly found in industries such as finance, energy, telecommunications, and manufacturing. They play a significant role in the economy of Russia and other countries where they operate, as they provide a means for individuals and institutions to invest in and participate in the ownership of large-scale companies.
Common Misspellings for OJSC
- 0jsc
- kojsc
- okjsc
- oljsc
- pojsc
- opjsc
- 0ojsc
- o0jsc
- 9ojsc
- o9jsc
- onjsc
- ojnsc
- omjsc
- ojmsc
- ojksc
- ojasc
- ojzsc
- ojszc
- ojxsc
- ojdsc
- ojsdc
- ojwsc
- ojswc
- ojscx
- ojsvc
- ojscv
- ojsfc
- ojscf
- oojsc
- ojjsc
- o jsc
- oj sc
Infographic
Add the infographic to your website:
