What are the characteristics of a company limited by shares?

A company limited by shares has five characteristics: 1 and a wide range of shareholders. 2. The capital contribution is stock. 3. Limited liability of shareholders. 4. Share openness and freedom. 5. Openness of the company. Joint-stock enterprises are enterprise organizational forms that meet the needs of socialized production and the development of market economy, realize the relative separation of ownership and management rights, and are conducive to strengthening enterprise management functions.

1. Shareholders are extensive: a joint stock limited company raises funds by issuing shares to the public, and any investor can become a shareholder of a joint stock limited company as long as he subscribes for shares and pays the share price.

2. Capital contribution is equity: in a joint-stock company, shareholders' capital contribution is equity. This feature is one of the differences between a joint stock limited company and a limited liability company. The total capital of a joint stock limited company is divided into equal shares, and shares are the smallest unit that constitutes the company's capital.

3. Limited liability of shareholders: the shareholders of a joint stock limited company are only liable for the company's debts to the extent of the shares subscribed by them, and the company's creditors may not directly ask the company's shareholders to pay off their debts.

4. Openness and freedom of shares: Openness and freedom of shares include the issuance and transfer of shares. Joint stock limited companies usually raise funds publicly by issuing shares, which makes the number of shareholders large and widely distributed. At the same time, in order to improve the financing ability of stocks and attract investors, stocks must be highly liquid and freely transferable and traded.