1. Advantages of a joint stock limited company: When the company is established, employees can invest and buy company shares, and the company can go public and issue shares. Once the listing is successful, the assets invested by minority shareholders will increase ten times or dozens of times;
2. Disadvantages of a joint stock limited company: the major shareholder has absolute voting rights, but if there is a major decision-making mistake, it will lead to serious losses or even bankruptcy of the company, so that the assets invested by the minority shareholders will be wiped out, and the minority shareholders have no right to speak, knowing that the decision-making mistakes are just turning a blind eye.