In this article we will discuss about:- 1. Definition of Joint Stock Company 2. Features of Joint Stock Company 3. Advantages 4. disadvantages. Definition of Joint Stock Company: A joint stock company is a voluntary association formed for the purpose of carrying on some business. Legally, it is an artificial person and having a distinctive name and a common seal. [...]
In this article we will discuss about the cost and types of hedging adopted by companies to mitigate exchange rate risk. Cost of Hedging: Companies use contractual and non-contractual methods to hedge exchange rate risk. Transaction exposure is hedged through contractual and non-contractual methods. Translation exposure can be hedged through contractual methods. Operating exposure is difficult to hedge given the [...]
After reading this article you will learn about the advantages and disadvantages of joint stock company. Advantages of a Joint Stock Company: The advantages of forming a company rather than carrying on partnership business are as follows: 1. Large Capital: The outstanding advantage is that it allows vast mobilization of capital which otherwise is not possible to arrange. In a [...]