Open joint-stock company

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Template:Short description Lua error in package.lua at line 80: module 'Module:Sidebar/configuration' not found. A public joint-stock company, abbreviated PJSC (Template:Langx, abbreviated Template:Langx) or open joint-stock company, abbreviated OJSC (Template:Langx, abbreviated Template:Langx), is a type of company in many successor states of the Soviet Union, particularly in Russia. Its distinguishing feature is the right of stockholders to trade in stocks without the permission of other stockholders. These public stock companies are somewhat[<span title="Script error: No such module "decodeEncode".">further explanation needed] comparable to corporations under US law.

History

The concept of an "open joint-stock company" was introduced by the "Regulation on joint-stock companies and limited liability companies", approved by the Resolution of the Council of Ministers of the Soviet Union dated June 19, 1990 No. 590.[1][2] In the early 1990s, the concept was enshrined in the legislation of a number of independent states that emerged after the collapse of the USSR.

At the beginning of the 21st century, in Kazakhstan, Ukraine and Russia, the concept of an "open joint-stock company" was abolished due to changes in legislation. Thus, the Law of the Republic of Kazakhstan "On Joint-Stock Companies" dated May 13, 2003 abolished the division into open and closed joint-stock companies.[3][4] Article 5 of the Law of Ukraine "On Joint Stock Companies" of September 17, 2008, instead of open and closed joint stock companies, introduced the concepts of "public joint stock company" (Ukrainian: публічне акціонерне товариство) and "private joint stock company" (Ukrainian: приватне акціонерне товариство);[5] within two years after the law came into force (until April 30, 2011), open joint stock companies had to re-register.[6] From September 1, 2014, OJSC and CJSC were abolished in Russia in connection with the entry into force of amendments to the Civil Code of the Russian Federation; instead of them, Public Joint-Stock Companies (PJSC), Joint stock companies (AO) and Limited liability companies (LLC) could exist.[7]

As of 2019, the existence of open joint-stock companies as a type of public company is provided for in the current versions of the Civil Code of the Belarus,[8][9] the Civil Code of the Kyrgyz Republic,[10] and the Civil Code of the Republic of Tajikistan.[11]

See also

References

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  1. ^ Page Module:Citation/CS1/styles.css has no content.Ключко В. Н. (2014). "Особенности становления и развития акционерных компаний в России: дореволюционный и советский период" (PDF). Менеджмент и бизнес-администрирование. pp. 8–43. ISSN 2075-1826. Archived from the original (PDF) on 2022-06-21.
  2. ^ Page Module:Citation/CS1/styles.css has no content."Постановление Совмина СССР от 19.06.1990 N 590 "Об утверждении Положения об акционерных обществах и обществах с ограниченной ответственностью и Положения о ценных бумагах". Изменение уставного фонда акционерного общества". Archived from the original on 2022-02-06. Retrieved 2019-06-19.
  3. ^ Page Module:Citation/CS1/styles.css has no content."Основные положения законодательства Республики Казахстан об акционерных обществах: теоретические положения и практические аспекты. Презентация семинаров (Фархад Карагусов, д. ю. н., профессор, октябрь 2016 г.)" (in русский). Информационная система ПАРАГРАФ. Archived from the original on 2020-11-25. Retrieved 2019-08-20.
  4. ^ Page Module:Citation/CS1/styles.css has no content."Закон Республики Казахстан от 13 мая 2003 года № 415-II Об акционерных обществах". Archived from the original on 2019-02-02. Retrieved 2019-06-19.
  5. ^ Page Module:Citation/CS1/styles.css has no content."Закон №514-VI от 17.09.2008, Про акціонерні товариства" (in українська). search.ligazakon.ua. Archived from the original on 2019-07-17. Retrieved 2019-08-20.
  6. ^ Page Module:Citation/CS1/styles.css has no content."Роз'яснення № 8 от 14.07.2009, Щодо порядку застосування окремих положень розділу XVII "Прикінцеві та перехідні положення" Закону України "Про акціонерні товариства" у зв'язку з набранням ним чинності" (in українська). search.ligazakon.ua. Archived from the original on 2019-06-19. Retrieved 2019-08-20.
  7. ^ Page Module:Citation/CS1/styles.css has no content."Что такое ОАО и ЗАО и почему их упразднили в России?" (in русский). aif.ru. 2014-09-05. Archived from the original on 2019-08-20. Retrieved 2019-08-20.
  8. ^ Page Module:Citation/CS1/styles.css has no content."Ст 97 ГК РБ Открытые и закрытые акционерные общества Гражданский кодекс Республики Беларусь. Статья 97, комментарий 2019" (in русский). xn----7sbakgchdukjdc8auvwj.xn--90ais. Archived from the original on 2019-08-21. Retrieved 2019-08-20.
  9. ^ Page Module:Citation/CS1/styles.css has no content."Гражданский кодекс Республики Беларусь" (in русский). pravo.levonevsky.org. Archived from the original on 2019-08-19. Retrieved 2019-08-20.
  10. ^ Page Module:Citation/CS1/styles.css has no content."АКЦИОНЕРНОЕ ОБЩЕСТВО". Archived from the original on 2019-07-26. Retrieved 2019-06-19.
  11. ^ Page Module:Citation/CS1/styles.css has no content."О ТАДЖИКИСТАНЕ". Archived from the original on 2019-06-03. Retrieved 2019-06-19.

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