Disadvantage of joint stock companies, Finance Basics

Disadvantage of Joint Stock Companies

  • Difficult to reconstruct the capital
  • Many formalities in forming the company
  • Heavy initial capital outlay.
  • Loss of secrecy - poor competition
  • Inflexibility and thus low adaptability
  • Bureaucracies especially in decision making processes.
Posted Date: 1/29/2013 2:20:51 AM | Location : United States







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