Does the group also belong to the company? What does a company limited by shares belong to?

Group, which does not belong to the concept of company law, refers to a company (or enterprise) alliance formed by several companies in business, circulation and production. The group company often refers to the enterprise group (enterprise group is a written concept).

A joint stock limited company refers to an enterprise legal person whose total registered capital consists of equal shares, which raises capital by issuing shares (or warrants) and assumes limited liability for debts with all its assets. A joint stock limited company is a typical "joint venture company".

Joint-stock enterprise refers to a form of enterprise organization in which three or more stakeholders (at least three) voluntarily combine in the form of joint-stock operation.

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.

The characteristics of joint-stock enterprises are: (1) issuing shares as a certificate for shareholders to participate in enterprise management; (2) Establish the internal organizational structure of the enterprise. The shareholders' meeting is the highest authority of joint-stock enterprises, the board of directors is the permanent body of the highest authority, and the general manager presides over daily production and business activities;

(3) With the assumption of risk responsibility, the ownership income of joint-stock enterprises is scattered, and the operating risks are shared by many shareholders; (4) It has a strong dynamic mechanism, and many shareholders care about the operation of enterprise assets from the perspective of interests, which makes the major decisions of enterprises tend to be optimized, and the development of enterprises can be based on the interest mechanism.

The joint-stock economy originated in the west: 1553, the British Empire established the first joint-stock company in history-Moscone Company. Forty or sixty years have passed, and after repeated historical elutriation and tests, western countries have established a relatively perfect joint-stock economic system. However, the joint-stock economy in the East started late, and all countries in the East gradually established their own joint-stock economic systems only in modern times. As the largest ancient civilization in the East, China didn't have its own joint-stock company until the 1970s.

As a newly-started joint-stock economy in China, there are still huge defects in both operation mode and organizational form, but it is undeniable that after a series of failures and setbacks, a joint-stock economic system suitable for the basic national conditions of China's primary stage of socialism is gradually being established and improved.