Foundations

Some reflections on freedom of establishment of non-profit entities in the EU

Managerial Distance and Virtual Ownership: The Governance of Industrial Foundations

Industrial foundations are autonomous nonprofit entities that own and control one or more conventional business firms. These foundations are common in Northern Europe, where they own a number of internationally prominent...

Industrial Foundations as Long-Term Owners

Short-termism has become a serious concern for corporate governance, and this has inspired a search for institutional arrangements to promote long-term decision-making. In this paper, we call attention to long-term ownership by...