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|topic= will aid in categorization.Content in this edit is translated from the existing Russian Wikipedia article at [[:ru:Публичное акционерное общество]]; see its history for attribution. {{Translated|ru|Публичное акционерное общество}} to the talk page. |
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Apublic 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, particularly in Russia. Its distinguishing feature is the right of stockholders to trade in stocks without the permission of other stockholders.
These public stock companies are somewhat[further explanation needed] comparable to limited liability partnershipsorcorporations under US law.
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