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9 August, 20:24

The form of organization of the various English colonies is important. The Virginia Company is described as a joint-stock company. What is a joint-stock company? Do you think it's any different from today's corporate form of business organization? Was it designed to win territory for the crown or profits for its investors?

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  1. 9 August, 20:44
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    A joint stock stock company is similar to that of a public company, where shareholders are allowed to buy and sell shares freely in the market and who trades on a registered exchange platform. No it's not any different from today's corporate form of business organization because it's not that different from a public company which is current in today's business organizations. It was designed to earn profits for its investors because it was a limited liability company which means that the shareholders where not accountable for the actions taken by the joint-stock company so shareholders will only lose their amount of investment
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