What does OJSC mean in Companies & Firms?

This page is about the meanings of the acronym/abbreviation/shorthand OJSC in the Business field in general and in the Companies & Firms terminology in particular.

Open Joint-Stock Company

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Submitted by wikidude on July 30, 2019

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Definition

What does OJSC mean?

Open joint-stock company
A public joint-stock company, abbreviated PJSC (Russian: Публичное акционерное общество, abbreviated Russian: ПАО) or open joint-stock company, abbreviated OJSC (Russian: Открытое акционерное общество, abbreviated Russian: ОАО), is a type of company in many successor states of the Soviet Union, in particular in Russia. Its distinguishing feature is the right of stockholders to trade in stocks without the permission of other stockholders. Public Stock Societies are somewhat comparable to limited liability partnerships or corporations under US law.

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"OJSC." Abbreviations.com. STANDS4 LLC, 2024. Web. 23 May 2024. <https://www.abbreviations.com/term/2108080>.

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