Advantage of Joint Stock Companies

• The company can own assets and incur liabilities on its own accord.
• Perpetual existence as or going to relate that allows the company to create strategic plans to raise finance in Capital Markets more simply.
• Limited liability.
• Title to share is freely transferable that creates these shares more of an investment.
• Exception - Private limited companies whose transfer of shares requires the consent of its members.
• Large sources of finance.
• Shares may be needed as securities.