Why would a joint-stock company be popular with investors in overseas countries?

A joint-stock company would be popular with investors in overseas countries because it allows them to pool resources and share the financial risks associated with long-distance trade and exploration. This structure enables individuals to invest relatively small amounts of capital while potentially earning significant returns from lucrative ventures. Additionally, joint-stock companies often have limited liability, meaning investors are not personally responsible for the company's debts, making it a safer investment option. Overall, this model fosters collaboration and encourages investment in new markets and opportunities.