Talk:Joint-stock company/Archives/2021
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Historical context of joint stock companies
This article makes out that China and some European countries had joint stock companies in the medieval period. This misrepresents the nature and liabilities of a joint stock company. There are no specific distinctions made of this kind in the article. It simply states, 'The earliest records of joint-stock companies appear in China...' This renders the definition of the joint stock company meaningless. There is then some attempt to define joint ventures and joint ownership agreements in Europe in the thirteenth century which have nothing to do with enterprise trade, limited liability or operational autonomy. These simply are NOT joint stock companies. The first joint stock company was the Muscovy company in England. — Preceding unsigned comment added by 193.36.51.218 (talk) 00:04, 11 October 2021 (UTC)