Company policy against dating

An individual's share of the profit is thus the dividend multiplied by the number of shares owned.

In more recent history, the earliest joint-stock company recognized in England was the Company of Merchant Adventurers to New Lands, chartered in 1553 with 250 shareholders.In the United States, they are known simply as joint-stock companies.Ownership of stock refers to a large number of privileges.The Royal Charter effectively gave the newly created Honourable East India Company a 15-year monopoly on all trade in the East Indies.The Company transformed from a commercial trading venture to one that ruled India and exploited its resources, as it acquired auxiliary governmental and military functions, until its dissolution.Individual shareholders can sometimes stand for directorships within the company if a vacancy occurs, but that is uncommon.

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