Corporate Governance in a Nordic Setting

The Case of Sweden

Peter Beusch, Kristina Jonäll, Svetlana Sabelfeld

• Publisher: De Gruyter
• Year: 2023
• Topic: Business
• eBook ISBN:
  9783110725469
• Subtopic: Business Ethics
• Index: Business

Corporate Governance in a Nordic Setting focuses on the historical, cultural and political development of the Swedish corporate governance code and model. It explores the definition and interpretations of corporate governance, including the Cadbury Report and OECD definitions, and specifically discusses powerful institutions that shaped its tradition over time. It further outlines the distinguishing features of the Nordic and Swedish corporate governance models, including taxation, ownership structures, corporate culture, and leadership styles.

Emphasis is placed on the role of corporate governance in achieving a sustainable society, arguing for the importance of integrating financial, social and environmental perspectives at the corporate governance level. The chapters discuss a broad spectrum of topics including corporate ownership structures, agency conflicts, board diversity, employee representation on corporate boards, sustainability governance, and corporate governance in times of crisis, providing insights into Nordic and Swedish corporate governance and highlighting their unique characteristics and implications for businesses and society.

Table of contents

• Title Page
• Copyright
• Contents
• 1 Introduction
• 2 A Nordic approach to corporate governance
• 3 Nordic stock markets and ownership structures
• 4 The Nordic countries’ corporate governance model
• 5 The Swedish corporate governance setting
• 6 The Swedish corporate governance code and its development
• 7 Ownership and usage of control-enhancing mechanisms
• 8 Diversity on the board
• 9 Board-level employee representation in Sweden
• 10 Sustainability governance
• 11 Corporate governance in a time of crisis
• 12 Corporate governance in the Nordic countries and Sweden – final reflections and outlook