A listed company refers to a joint stock limited company whose shares are listed and traded on the stock exchange with the approval of the securities administration department authorized by the State Council or the State Council.
A joint-stock company refers to a company with shares as its capital, and its shareholders are liable to the company to the extent of the shares subscribed by them.
Before the company appeared, the sole proprietorship enterprise was the most typical enterprise form; All kinds of partnership organizations coexist with sole proprietorship enterprises, and the most typical partnership organization at that time was family management group.
Before the company came into being, the partnership organization did not obtain the legal person status, but some other legal persons appeared. This situation can be traced back to ancient Rome. In ancient Rome, the state, local autonomous organizations, monasteries and other religious groups, nursing homes and other charitable organizations all obtained legal person status. In the Middle Ages, some trade groups obtained legal personality, especially those engaged in overseas trade. In medieval England, such organizations enjoyed greater independence than partnership organizations.
In the market economy, compared with other market players, the company has the following advantages:
Market economy requires equal market subjects to follow the principle of equivalent exchange; Through fair competition, we can obtain and provide goods from the market, promote the rational flow of the whole market, optimize the structure and rationally allocate resources. The requirements of market economy determine that market subjects must have clearly defined property rights and must be independent and equal. With its unique nature, the legal person system makes the legal person play a major role in the market economy. As a legal person, the company's characteristics fully meet the requirements of market economy, which will inevitably make the company the main body of market economy. Compared with other market participants, the advantages of the company are as follows:
1. The limited liability of the shareholders of the company determines that the shareholders of the investment company can not only meet the needs of investors to seek benefits, but also limit the risks they bear to a reasonable range and increase their investment enthusiasm.
2. Companies, especially joint stock limited companies, can publicly issue stocks and bonds in the society, raise funds extensively, and facilitate the establishment of large enterprises.
3. The company implements the principle of complete separation of ownership and management rights, which improves the management level of the company.
4. The unique organizational structure of the company makes the company's capital and operation tend to maximize the benefits and better realize the investors' goals. Office conditions
5. The corporate form is completely divorced from personal color and is a permanent combination of capital. The personal safety of shareholders does not affect the normal operation of the company.
Legal basis:
Article 143 of the General Principles of the Civil Law of People's Republic of China (PRC) A civil juristic act that meets the following conditions is valid:
(1) The actor has corresponding capacity for civil conduct;
(2) the meaning is true;
(three) does not violate the mandatory provisions of laws and administrative regulations, and does not violate public order and good customs.
Article 80 of the Company Law of People's Republic of China (PRC), where a joint stock limited company is established by means of sponsorship, the registered capital shall be the total share capital subscribed by all promoters registered in the company registration authority. Before the shares subscribed by the promoters have been paid in full, they may not raise them from others. Where a joint stock limited company is established by offering, the registered capital shall be the total paid-in share capital registered with the company registration authority. Where laws, administrative regulations and decisions of the State Council have other provisions on the paid-in amount of registered capital and the minimum amount of registered capital, those provisions shall prevail.