Science Fair Project Encyclopedia
Aktiengesellschaft
The German term Aktiengesellschaft (abbreviated AG) means a corporation which is limited by shares, i.e., owned by shareholders. It may be traded on the stock market. The term is used in Germany, Austria and Switzerland.
The legal basis of the AG is, in Germany and Austria, the repsective Aktiengesetz (abbr. AktG), in Switzerland a part of the Obligationenrecht (OR). As the law requires all corporations to specify their legal form (which gives the limitation of liability) in the name, all German and Austrian stock corporations bear Aktiengesellschaft or AG as part (usually suffix) of their name.
See also
- Gesellschaft mit beschränkter Haftung (GmbH; limited liability company)
- Public limited company (the corresponding concept in the UK and in Ireland)
10-26-2009 08:16:03
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The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details