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Type of company in former Soviet countries From Wikipedia, the free encyclopedia
A public joint-stock company, abbreviated PJSC (Russian: Публичное акционерное общество, abbreviated Russian: ПАО) or open joint-stock company, abbreviated OJSC (Russian: Открытое акционерное общество, abbreviated Russian: ОАО), 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.
You can help expand this article with text translated from the corresponding article in Russian. (July 2013) Click [show] for important translation instructions.
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This article includes a list of references, related reading, or external links, but its sources remain unclear because it lacks inline citations. (July 2013) |
These public stock companies are somewhat[further explanation needed] comparable to limited liability partnerships or corporations under US law.
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