Joint Stock facts
While investigating facts about Joint Stock, I found out little known, but curios details like:
It wasn't the Great Britain that conquered India, but instead a joint-stock company only later nationalised by the government
The first chartered joint-stock company was initially known as the "Mystery and Company of Merchant Adventurers for the Discovery of Regions, Dominions, Islands, and Places unknown"
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across. Here are 6 of the best facts about Joint Stock I managed to collect.
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For about a century Indian subcontinent was ruled by joint-stock East India Company.
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In 1687, English treasure hunter William Phips recovered £300,000 worth of treasure from the wreck of the Spanish ship "Nuestra Señora de la Concepción" near Dominican Republic. Phips' find led to a major increase in the formation of joint-stock companies in England.
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Shibusawa Eiichi is considered the "Father of Japanese Capitalism", having introduced economic reforms to Japan and founding hundreds of joint-stock corporations.
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Gazprom, a Public Joint Stock Company, created a subsidiary in Nigeria called 'Nigaz'.
