Danfoss is a traditional Danish family firm, deeply committed to its local community in Nordborg, Als. The company is family-owned and has had several members of the owning family on its Board. The case shows Danfoss' rise to one of the biggest heating, refrigeration, and air conditioning companies in the world. With ever greater expansion onto global markets, Danfoss experienced the challenge of creating a harmonious global portfolio, while continuing to be a Danish and socially-responsible company with local roots. The case illustrates the Variety of Capitalism debate and encourages students to reflect on the dynamics of varieties of capitalism, in Denmark and beyond.
|Publication date||20 Jan 2020|
|Place of Publication||Los Angeles, CA|
|Publisher||USC-Marshall/Lloyd Greif Center for Entrepreneurial Studies|
|Number of pages||11|
|Publication status||Published - 20 Jan 2020|
Bibliographical noteCase - Reference no. SCG-565.
- Global business
- Business & government relations
- Change management
- Corporate governance
- Family business
- Family-owned business
- Business history
- History of capitalism
Lubinski, C., Modvig, K. N., & Giacomin, V. (2020, Jan 20). Danfoss and the Danish Variety of Capitalism. Los Angeles, CA: USC-Marshall/Lloyd Greif Center for Entrepreneurial Studies. https://www.thecasecentre.org/educators/products/view?id=167558