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Why were stock companies necessary?
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45 votes
45 votes
Why were stock companies necessary?

User Jayeff
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1 Answer

17 votes
17 votes

Answer:

  • Giving the company additional prestige
  • Gaining the ability to offer securities in the purchase of other companies
  • Offering stock option programs to employees. ...
  • Providing additional leverage when obtaining loans
  • Obtaining free advertising whenever the stock is mentioned in the news

User Aharon Muallem
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