Foundations
Working Paper
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 companies....Read more
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 industrial...Read more
News
Industrial Foundations as Long-Term Owners
Industrial Foundations as Long-Term Owners
Concerns about short-termism have been mounting in recent years and have influenced the EU shareholder directive, the US presidential debate, and...Read more