2. The decision-making body of a joint stock limited company is the board of directors. That is, a collective organization composed of more than two directors. It is the permanent management organization of the company, which conducts business internally, represents the company externally and is responsible to the shareholders' meeting.
3. The executive body of a joint stock limited company is composed of the general manager and his assistants, who are responsible for the daily operation of the company.
4. The supervisory body of a joint stock limited company is the board of supervisors. Refers to the organization that supervises the business activities of the board of directors. It is the permanent organization of the company, elected by the shareholders' meeting from among the shareholders, and may not be concurrently held by directors or managers.
Extended data:
The main characteristics of a company limited by shares:
1, Limited by Share Ltd is an independent Economic legal.
2. The number of shareholders of a joint stock limited company shall not be less than the quorum. For example, according to French regulations, the number of shareholders should be at least 7.
3. The shareholders of a joint stock limited company shall bear limited liability for the debts of the company, and the liability limit shall be the number of shares payable by the shareholders.
4. All the capital of a joint stock limited company is divided into equal shares, and funds are raised through public offering. Anyone can become a shareholder of the company after paying the shares, and there is no qualification restriction.
5. The shares of the company can be freely transferred, but they cannot be withdrawn.
6. The company's accounts must be made public, so that investors can know about the company and make choices.
7. The establishment and dissolution of the company have strict legal procedures and complicated procedures.
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