Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
6 - Sweden
Blekinge Institute of Technology, Faculty of Engineering, Department of Industrial Economics.
WU Vienna University of Economics and Business, Austria.
2023 (English)In: The European CorporationOwnership and Control after 25 Years of Corporate Governance Reforms / [ed] Klaus Gugler, Evgeni Peev, Cambridge University Press, 2023, p. 151-172Chapter in book (Other academic)
Abstract [en]

This chapter examines ownership and control of Swedish companies. Sweden witnessed a significant increase in ownership concentration in the top 20 and top 100 firms in the past few decades. Equity ownership concentration remained virtually the same in listed companies. A few major ownership patterns may be documented. First, the large shareholders remained the dominant corporate governance model in Sweden. Second, the largest domestic shareholders, such as families and holding companies (closed-end investment funds) have persisted in the past few decades. Third, there was an increase in the share of foreign owners as the largest shareholders in both the top 100 and listed companies. Fourth, there was also an emergence of new entrepreneurs as the largest shareholders in the large Swedish companies. The chapter has documented both the persistence of corporate insiders and ownership changes (e.g. an increase in foreign ownership, establishment of new domestic largest individual shareholders) in the past few decades. It also shows the importance of domestic institutional investors. It discusses a few reasons why the ownership structure remains persistent despite the substantial influence of global market forces, liberalization of domestic markets and corporate governance and legal reforms in Sweden.

Place, publisher, year, edition, pages
Cambridge University Press, 2023. p. 151-172
Keywords [en]
Corporate governance, corporate ownership and control, shareholder structure, path-dependency
National Category
Business Administration
Identifiers
URN: urn:nbn:se:bth-25375ISBN: 9781009244640 (electronic)OAI: oai:DiVA.org:bth-25375DiVA, id: diva2:1797312
Available from: 2023-09-14 Created: 2023-09-14 Last updated: 2023-09-14Bibliographically approved

Open Access in DiVA

No full text in DiVA

Authority records

Eklund, Johan

Search in DiVA

By author/editor
Eklund, Johan
By organisation
Department of Industrial Economics
Business Administration

Search outside of DiVA

GoogleGoogle Scholar

isbn
urn-nbn

Altmetric score

isbn
urn-nbn
Total: 1 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf