Legal determination of the value of the capital of a joint stock company

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Sabrina Bouamar, Hallim Guiza

Abstract

The importance of the capital of a joint stock company for the company as an important financing tool on which the company relies in achieving the purpose for which it was established, and may require that it be surrounded by many guarantees to achieve this end, such as its actual and real formation, not a sham, and the promotion of this goal with many legal mechanisms that carried with it the peremptory formula, which in fact is one of the most important features of the provisions governing the joint stock company, and on this basis the Algerian legislator has determined its nature and value.

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