England Joint-stock Company's Beginning,Character And Advantage In Early Modern Century

It was in the early modern England that the joint-stock company was widespread established. The rise of the joint-stock company was essential to the England oversea trade and expansion and became the most effective way to organize the oversea trade. Among the celebrated companies were the Russia company, Levant company and East India company, which were established one by one in the process England merchants paved the way to trade directly with the east areas. The development of the three companies stylized the development of the joint-stock company.This articles attempts to analyse the three joint-stock companies' development career, find out the reason why the joint-stock company rised in England and the innovation of its organization and function, reveal the significance of the joint-stock company to the boom of the economy. I hope we can draw some helpful conclusions from the article in the end.