Abstract
The Nordic countries have attracted considerable attention in recent years as a benchmark for good governance. However, while the political governance characteristics of the Nordic model – particularly the welfare state - are well understood, its corporate governance characteristics remain elusive to the international audience. This paper therefore reviews the Nordic corporate governance model with special emphasis on a unique ownership structure, industrial foundations (foundations that own business companies). Rather than a meticulous description of details it emphasizes the Nordic model as a mode of capitalism which other countries may learn from.
| Original language | English |
|---|---|
| Place of Publication | Frederiksberg |
| Publisher | Center for Corporate Governance. Department of International Economics and Management. Copenhagen Business School |
| Number of pages | 15 |
| Publication status | Published - 4 Nov 2014 |
Cite this
Thomsen, S. (2014). Nordic Corporate Governance and Industrial Foundations. Frederiksberg: Center for Corporate Governance. Department of International Economics and Management. Copenhagen Business School.