Development Trends of Joint Stock Companies

2021 ◽  
pp. 55-62
Author(s):  
Vladimir Galanov ◽  
A. Galanova
Keyword(s):  
Modern Society ◽  
Private Capital ◽  
Joint Stock Company ◽  
Stock Company ◽  
Investment Funds ◽  
Specific Composition ◽  
The Social ◽  
Private Savings ◽  
The One ◽  
Further Development

Joint-stock company is the pinnacle of development of organizational forms of functioning of private capital. Having emerged at a certain stage in the development of the market, a joint-stock company has become the leading form of concentration of private capital and the main source of their further growth including the form of citizens' money savings. The expansion of the size and circle of private capital owners, in turn, required further development of the specific composition of joint-stock companies, on the one hand, towards increasing their publicity and increasing the number of shareholders, and, on the other hand, in order to ensure the processes of the fastest, cheapest, complete and the relatively “safe” inclusion of small private savings in total equity. This revealed the specific process of the division of labor in the field of investment. Investment funds that specialized in "collecting" private savings for their investment in stakes in different companies have emerged, and professional financial intermediaries have developed in order to provide all the necessary services to ensure the process of mass investment in shares. Taken together, all these processes reflect the growth of the social character of modern private capital uniting in joint-stock companies and similar organizations. However, this process of growth of "socialization" of private capital has its own internal limit, which is that any form of pooling of private capital should not cease to be a source of growth of private capital and personal wealth of members of modern society.

Joint-Stock Company As a Focus of Trends in the Formation of Private Wealth

2021 ◽  
Vol 10 (1) ◽  
pp. 48-55
Author(s):  
Vladimir Galanov ◽  
A. Galanova
Keyword(s):  
Limited Liability ◽  
Modern Society ◽  
Point Of View ◽  
Private Capital ◽  
Organizational Forms ◽  
Joint Stock Company ◽  
Limited Liability Company ◽  
Stock Company ◽  
Natural Forms ◽  
Legal Forms

Joint-stock company is the most developed form of private capital association historically and logically growing out of the previous organizational forms of the existence of market organizations. A joint stock company is the result of the development of two interrelated processes. From the standpoint of economic content, a joint-stock company is the result of the development of the relations of production themselves from its natural forms to the commodity form and then to the form of the capitalist economy. From the point of view of the forms in which this content develops, in the form of a joint-stock company, the process of improving organizational forms that allow uniting private capital to achieve a single goal – making a profit – finds its "logical conclusion". Unlike the legal forms of a general partnership and a limited liability company, the form of a joint-stock company allows to combine a potentially unlimited number of investors and their capital on terms that most contribute to the maximization and preservation of private wealth, potentially for all members of modern society.

PHILOSOPHICAL PROPAEDEUTICS IN THE SYSTEM OF PRESCHOOL EDUCATION

2020 ◽  
Vol 22 (11) ◽  
pp. 11-15
Author(s):  
Gan N.Yu. ◽  
Ponomareva L.I. ◽  
Obukhova K.A.
Keyword(s):  
Modern Science ◽  
Preschool Education ◽  
Modern Society ◽  
Social Relevance ◽  
The Social ◽  
Moral Problems ◽  
The Subject ◽  
The One ◽  
The Individual ◽  
And Training

Today, worldview, spiritual and moral problems that have always been reflected in education and upbringing come to the fore in society. In this situation, there is a demand for philosophical categories. One of the priority goals of education in modern conditions is the formation of a reasonable, reflexive person who is able to analyze their actions and the actions of other people. Modern science is characterized by an understanding of the absolute value and significance of childhood in the development of the individual, which implies the need for its multilateral study. In the conditions of democratization of all spheres of life, the child ceases to be a passive object of education and training, and becomes an active carrier of their own meanings of being and the subject of world creation. One of the realities of childhood is philosophizing, so it is extremely timely to address the identification of its place and role in the world of childhood. Children's philosophizing is extremely poorly studied, although the need for its analysis is becoming more obvious. Children's philosophizing is one of the forms of philosophical reflection, which has its own qualitative specificity, on the one hand, and commonality with all other forms of philosophizing, on the other. The social relevance of the proposed research lies in the fact that children's philosophizing can be considered as an intellectual indicator of a child's socialization, since the process of reflection involves the adoption and development of culture. Modern society, in contrast to the traditional one, is ready to "accept" a philosophizing child, which means that it is necessary to determine the main characteristics and conditions of children's philosophizing.

Book Review: Toshchenko Zh.T. Trauma Society: Between Evolution and Revolution (The Experience of Theoretical and Empirical Analysis). Moscow: Ves’ Mir, 2020

2020 ◽  
Vol 63 (4) ◽  
pp. 152-159
Author(s):  
Vladimir V. Krivosheev
Keyword(s):  
Social Life ◽  
Social Dynamics ◽  
Sociological Theory ◽  
Modern Society ◽  
Russian Society ◽  
Trauma Society ◽  
The Social ◽  
New Research ◽  
Further Development

The review reveals the basic conceptions elaborated by one of the major Russian modern sociologists Zh.T. Toshchenko in his new research. The reviewer argues that the book’s author thoroughly examines the various methodological grounds for identifying the essential characteristics of social dynamics. At the same time, the reviewer focuses on the further development of the theory of modern society, proposed by the book’s author. Thus, Zh.T. Toshchenko, who spent many years researching social deformations, formulates an important concept – the concept of a society of trauma as the third modality of social development along with evolution and revolution. The book offers a fundamentally new view of social life, there is a holistic, systematic approach to all its processes and phenomena. The reviewer concludes that the new book of the social theorist Zh.T. Toshchenko is a significant contribution to sociological theory, since it develops ideas about the state and prospects of Russian society, gives accurate assessments of all social processes.

The Beginning of the Formation of the Railway Network in the North Caucasus

2021 ◽  
pp. 54-58
Author(s):  
Alexey V. Zabelin
Keyword(s):  
Main Line ◽  
Joint Stock Company ◽  
Railway Transport ◽  
North Caucasus ◽  
Stock Company ◽  
Railway Network ◽  
The Caucasus ◽  
The Road ◽  
The North ◽  
Further Development

The problem of the need for construction of railways in the North Caucasus as a strategically and economically important enterprise for maintaining and developing the viability of the region is considered. Preconditions and opinions on the appropriateness of railway connection are given. To achieve this goal in the region, it was decided to establish a new joint-stock company of the Rostov-Vladikavkaz railway. The dynamics is investigated from planning, choosing the final direction from those proposed by the engineers who carried out surveys on the ground, to the actual opening of permanent traffic on the first (main) line of the Rostov-on-Don - Vladikavkaz Society - the first highway that connected the Caucasus with the central part of the state in 1875 ... A brief description of this path is given. The geography of the line was investigated. Some stages of further development are given, the results and opinions obtained during the operation of the road are summed up. The issue of location and development of the Rostov railway junction is considered. Already in the first years of operation, the enormous potential of railway transport in the North Caucasus was obvious, not only strategically, but also as an economically important enterprise that opened up new opportunities for the development of the region, which in turn made the railway the main industrial giant.

Joint stock company with variable capital (JSCVC)

2014 ◽  
Vol 56 (4) ◽  
pp. 302-310 ◽  
Author(s):  
Bijan Bidabad
Keyword(s):  
Design Methodology ◽  
Joint Stock Company ◽  
Islamic Banks ◽  
Stock Company ◽  
Investment Funds ◽  
Content Type ◽  
Legal Personality ◽  
Profit Distribution ◽  
Practical Implications ◽  
Financial Outcome

Purpose – The purpose of this paper is to propose joint stock company with variable capital (JSCVC), as financial sharing funds and banks necessitate that their capital and number of shareholders be instantaneously variable. Legal personality and accounts clearing of this type of corporations are different from conventional companies. Design/methodology/approach – JSCVC is a corporation in which capital and shares of shareholders vary by new entrance or withdrawal of shareholders at any point of time. Findings – Interest rate-based calculations were removed and Rastin Sharing Accounting was applied for JSCVS. Shareholders of JSCVC share the company’s nominal capital proportional to nominal values of their shares. Financial outcome of JSCVC is proportional to values of shares weighted by shares duration of participation. Research limitations/implications – To prevent spoiling of shareholders’ rights, legal procedure of issuing shares for JSCVC should be defined in compliance with domestic commerce laws in any country. Practical implications – JSCVC can be used by majority of investment funds, credit unions, saving and loan associations, pension and provident funds, thrift saving plans as well as Islamic banks and financial sharing activities. In JSCVC, deposit at a bank is treated as a share of the company (bank). Social implications – JSCVC has fair profit distribution and accounts clearing arrangements. Originality/value – Different variable capital companies have been defined in many countries’ laws, but essential modifications are presented in JSCVC definition to regulate financial sharing arrangements and bank’s performances.

scholarly journals Modernity and ecology in the aspect of a packaging industry company management

2018 ◽  
Vol 46 ◽  
pp. 00024
Author(s):  
Agnieszka Ociepka-Kubicka
Keyword(s):  
Food Industry ◽  
Water Resistance ◽  
Human Life ◽  
Joint Stock Company ◽  
Stock Company ◽  
Balanced Development ◽  
Corrugated Board ◽  
The Social ◽  
Packaging Industry ◽  
Household Chemicals

The article discusses the issue of innovativeness in the area of packaging with reference to the balanced development. It also presents the threats of the packaging industry to the natural environment and the methods and tools of their restriction. The importance of biodegradable packaging and packaging from recycled materials is stressed. Moreover, the problems of the burdensomeness of packaging products and the packaging manufacturers are emphasised. Modern enterprises must implement pro-ecological, innovative activities, both at the level of production and the company’s management. The changing economic conditions and the social pressure result in the new company’s management goals - alongside the production, financial and other aspects. These new goals refer to the widely understood environment, and human life and health. The analysis of the innovative and pro-ecological activities implementation was presented on the example of a modern, dynamically developing joint stock company, United Packaging S.A., producing packaging from corrugated board with the increased water resistance for food industry, household chemicals and electronic industry.

A Suggestion towards adding a New Feature of Usefulness to the Institute of Actuaries of Great Britain and Ireland

1879 ◽  
Vol 22 (1) ◽  
pp. 1-20
Author(s):  
Cornelius Walford
Keyword(s):  
Great Britain ◽  
Life Insurance ◽  
Insurance Companies ◽  
Joint Stock Company ◽  
Stock Company ◽  
Present Generation ◽  
New Feature ◽  
The One ◽  
Complete Transformation

That the Institute of Actuaries has, during the one-third of a century of its existence (1847-79), been of real utility to the Life Offices—directly by the training of experts, and by the compilation of the Actuaries Experience Tables; and indirectly by lending practical aid to the development of the science of life contingencies—is a fact which will readily be admitted by all who are conversant with its history. That another function may he added to its utility it is my purpose on the present occasion to show.The business of life insurance has, during the present generation, undergone a very complete transformation. The change began in the year 1844 with the passing of the Joint Stock Companies' Registration Act, 7 & 8 Vict., c. 110. Under this Act facilities were given for the formation of Joint Stock Insurance Companies such as had never before existed. The life insurance associations existing at that date were institutions of good repute; were, in fact, regarded as money-making projects of the highest class, and it was certain, therefore, that promoters would turn their attention in this direction. The failures which had resulted from the Joint Stock Company Epidemic of 1824-5 had passed out of remembrance; the course was clear for a new spurt in the same direction. Hence, a large number of new life offices were, in fact, founded; and in their struggle for existence, an amount of competition was engendered, which (while productive of good in widening the area of the insuring class, by bringing the practice down to the middle, and, gradually, to the lower ranks of the population) has eventuated in the evils whereof I here propose to speak, and concerning which it is my design to attempt a remedy.

scholarly journals The imperative nature of gastronomic practices within social space of a modern person

2016 ◽  
pp. 10-15 ◽  
Author(s):  
I. Nabrusko
Keyword(s):  
Social Space ◽  
Modern Society ◽  
Social Adaptation ◽  
Cultural Norms ◽  
Food Practices ◽  
Specialized Production ◽  
The Social ◽  
The One ◽  
Almost All

This article analyzes the main approaches to the study of food practices in sociological tradition. The attention is paid to the imperative dimension of gastronomic practices, where they come out as the social way to influence people. Their creation, despite the existential nature, depends almost entirely on existing cultural norms. Some trends of modern gastronomic practices are considered, where their total character is focused on a set of almost all social positions, the growth of semantic-symbolic component when food gets extra meanings and values, diffuse essence and industrial nature, organized on the principles of rationality specialized production, are particularly evident. Such tendencies lead to new ways of social adaptation of modern society. The article is an attempt to provide the classification of main gastronomic practices of modern society, which offers four main discursive approaches: culinary, status, health and national discourse, in the framework of which food practices of modern man are formed. These modern practices on the one hand act as the need to ensure internal social harmony and identification, and on the other as an expression of social pressures external cultural norms.

Laos-Vietnam trade hub prospects are unconvincing

2017 ◽  
Keyword(s):  
Sovereign Debt ◽  
Economic Benefit ◽  
Private Capital ◽  
Joint Stock Company ◽  
Unexploded Ordnance ◽  
Infrastructure Development ◽  
Stock Company ◽  
Content Type

Subject Lao and Vietnamese cooperation in infrastructure development and Laos's prospects as an inland trade hub. Significance Laos's government announced on May 25 that it is considering creating a public-private joint stock company to facilitate links with Vietnamese partners as both countries cooperate to develop the Vung Ang port. Proceeding with the project signals a renewed attempt to make Laos land-linked, rather than landlocked. Impacts Laos's leaders face a challenge encouraging neighbours to use the Vung Ang port. Laos-oriented trade alone will be insufficient to make the port commercially viable. In coming years, no major economic benefit for Laos directly stemming from the Vung Ang project is likely. War-era unexploded ordnance may slow construction of the Vung Ang rail link. Absent adequate private capital, sovereign debt could be required for the Vung Ang project, problematic for debt-burdened Laos.

Development of the Collective Nature of the Joint-Stock Company As the Basis for Changing Attitudes Towards Its Minority Shareholders

2018 ◽  
Vol 7 (1) ◽  
pp. 4-9
Author(s):  
А. Галанова ◽  
A. Galanova
Keyword(s):  
Global Market ◽  
Joint Stock Company ◽  
Minority Shareholders ◽  
Stock Company ◽  
Transnational Companies ◽  
Objective Basis ◽  
Depositary Receipts ◽  
The One ◽  
Changing Attitudes ◽  
Qualitative Changes

The historically collective character of the capital of the joint-stock company developed in the direction of the growth of the number of joint-stock companies and the associated increase in the number of shareholders and the number of shares to be issued. In modern conditions, the possibilities for a quantitative increase in the size of the share capital have already exhausted themselves sufficiently. There are qualitative changes associated with the deepening of the collective character of such capital. On the one hand, there is the emergence of this type of minority shareholders, behind which in fact are hiding large funds of collective investment. On the other hand, this is expressed in the processes of internationalization of jointstock companies and their transformation into transnational companies, i.e. when the composition of shareholders becomes more and more international. The national share market of one and the same company is turning into a global market because these shares through the issue of depositary receipts are able to address the stock markets of any other countries of the world. Owners of depositary receipts, like collective investors, often fall into the category of minority shareholders due to the fact that they have small blocks of shares. The collective and international nature of minority shareholders is an objective basis for the need to protect the rights of such shareholders already at the legislative level.

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