Nordic Corporate Governance and Industrial Foundations

    Research output: Working paperResearch


    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 languageEnglish
    Place of PublicationFrederiksberg
    PublisherCenter for Corporate Governance. Department of International Economics and Management. Copenhagen Business School
    Number of pages15
    Publication statusPublished - 4 Nov 2014

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