What was the most significant aspect about joint-stock companies of the late 19th century?

Question

What was the most significant aspect about joint-stock companies of the late 19th  century?

Quizplus · Accepted Answer

The most significant aspect about joint-stock companies of the late 19th century was the separation of ownership and management. This allowed for a broader base of investors who did not need to be involved in the day-to-day operations of the company, fundamentally changing the scale and scope of business operations.

What Was the Most Significant Aspect About Joint-Stock Companies of the Late