Advantage of Joint Stock Companies
- The company can own assets and incur liabilities on its own accord.
- Perpetual existence as or going to relate that allows the company to create strategic plans to raise finance in Capital Markets more simply.
- Limited liability.
- Title to share is freely transferable that creates these shares more of an investment.
- Exception - Private limited companies whose transfer of shares requires the consent of its members.
- Large sources of finance.
- Shares may be needed as securities.