What are aims and objectives for issue of shares in joint stock company?

The aims and objectives of issuing shares in a joint stock company include raising capital to finance business operations, expansion, and development projects. It also aims to distribute ownership among a larger number of investors, thereby sharing risks and rewards. Additionally, issuing shares can enhance the company's market credibility and provide liquidity for existing shareholders. Ultimately, these efforts are focused on increasing the overall value and competitiveness of the company.