Nordic Corporate Governance Revisited

Steen Thomsen

Nordic Corporate Governance Revisited

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Abstract

This paper reviews the key elements of the Nordic governance model, which include a distinct legal system, high governance ratings and low levels of corruption. Other characteristics include concentrated ownership, foundation ownership, semi two-tier board structures, employee representation and low-powered managerial
incentives. The Nordic countries have performed well in recent decades both in terms of economic growth, stock market development and social welfare.

Originalsprog	Engelsk
Tidsskrift	Nordic Journal of Business
Vol/bind	65
Udgave nummer	1
Sider (fra-til)	4-12
ISSN	2342-9003
Status	Udgivet - 2016

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