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98 percent of the companies in the Gulf are family businesses; joint stock companies do not exceed one percent," he said.
We might add a few disadvantages of joint stock companies for balance:
In fact, Prudential, Metropolitan Life, and John Hancock, among the largest life insurers, are expected to complete their conversion to stock companies in either 2000 or 2001.
32 per cent) out of 119 local public joint stock companies listed on securities markets of the country.
It also recommended phasing out of converting family companies to joint stock companies as per certain regulations to be developed by CMA in a bid to give owners of family companies the opportunity to adjust to the co-management.
Joint stock companies will be obliged to quote on the stock market.
Mutuals have capitalization and admittance requirements as do stock companies.
23 /PRNewswire/ -- Growth strategies and actual performance differ greatly between mutual and stock companies, according to a new study by Conning Research and Consulting, Inc.
With over 4,600 employees, Datang has research centers, five subsidiary companies, four stock companies and two share companies, as well as a company that has direct ownership relations with other companies and institutions in the Ministry of Information Industry of China.
Muscat, Feb 22 (ONA) The Higher Education Ministry in collaboration with the Capital Market Authority (CMA) organized at the Ministry's General Diwan in Airport Heights today a workshop on investment in joint stock companies.
Summary: DUBAI -- His Highness Shaikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has issued an Emiri Decree on the election of boards members of joint stock companies licensed in the Emirate of RAK in accordance with governance rules and standards of institutional discipline in the state.
If they offer these products, which they have every right to do, they don't have the lapses that a stock company has, and, as a result, it would cost them more to finance those risks than the stock companies, because a higher reserve would be necessary.