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Sun 15 Feb, 2009 04:47 pm
What is the difference between corporations and joint-stock companies? When did joint-stock companies begin & when was their time of greatest use? When was the first (modern?) corporation organized?
@Woollcott,
There's really no difference between corporations and joint stock companies. The latter is more of a British term, as evidenced by the various
joint stock companies acts passed by parliament in the nineteenth century.