<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The registered capital of the company by shares is divided into fractions known as shares, which, unlike the parts of interests or social parts, represent negotiable instruments, presenting first of all the advantage of being negotiable and freely transferable, subject to limitations that could be introduced by the associates by the constitutive act. Therefore, in exchange for the contributions made to registered capital of the company by shares, the associates receive a number of shares corresponding to the value of these contributions, which represents a certain fraction of its registered capital.</p>
<p>Taking into account the negotiable nature of the shares, the quality of shareholder derives and is more related to the quality of owner of shares, dissociating itself from that of signatory of the company’s constitutive act, obliged, inter alia, to make contributions, the latter quality being relevant only at the moment of incorporation of the company. Actually, during the existence of the company, the quality of owner of shares, and therefore of shareholder, can change significantly and uninterruptedly, depending on the operations performed with these titles, causing appropriate changes in the shareholder structure of the company.</p>
</abstract>

The registered capital of the company by shares is divided into fractions known as shares, which, unlike the parts of interests or social parts, represent negotiable instruments, presenting first of all the advantage of being negotiable and freely transferable, subject to limitations that could be introduced by the associates by the constitutive act. Therefore, in exchange for the contributions made to registered capital of the company by shares, the associates receive a number of shares corresponding to the value of these contributions, which represents a certain fraction of its registered capital.
Taking into account the negotiable nature of the shares, the quality of shareholder derives and is more related to the quality of owner of shares, dissociating itself from that of signatory of the company’s constitutive act, obliged, inter alia, to make contributions, the latter quality being relevant only at the moment of incorporation of the company. Actually, during the existence of the company, the quality of owner of shares, and therefore of shareholder, can change significantly and uninterruptedly, depending on the operations performed with these titles, causing appropriate changes in the shareholder structure of the company.

Some considerations concerning the shares

Proceedings of the International Conference on Business Excellence

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Some considerations concerning the shares"}

The registered capital of the company by shares is divided into fractions known as shares, which, unlike the parts of interests or social parts, represent...

Some considerations concerning the shares

Publicado en línea: 31 dic 2021

Páginas: 945 - 951

DOI: https://doi.org/10.2478/picbe-2021-0088

Palabras clave
company by shares, legal nature of shares, particularities of shares, classification of shares

© 2021 Ana-Maria Lupulescu, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Some considerations concerning the shares

Publicado en línea: 31 dic 2021

Páginas: 945 - 951

DOI: https://doi.org/10.2478/picbe-2021-0088

Palabras clavecompany by shares, legal nature of shares, particularities of shares, classification of shares

© 2021 Ana-Maria Lupulescu, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Palabras clave
company by shares, legal nature of shares, particularities of shares, classification of shares