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Shareholder versus stakeholder models of corporate governance: Sweden's middle road
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
2008 (English)Conference paper (Other academic)
Abstract [en]

Corporate governance systems throughout the world are commonly classified into

shareholder or stakeholder oriented systems. Shareholder orientation is common in the

Anglo-Saxon world while the stakeholder model is more commonly applied in central

European countries. Both models, as described in this article, have both strengths and

weaknesses and several scholars have suggested an ongoing convergence of the two

models. The Swedish middle road represents a compromise between the two models that

draws from the best of the market-orientation of the Anglo-Saxon system and the

inclusiveness of the stakeholder interests of the “European” one.

Place, publisher, year, edition, pages
Keyword [en]
Stakeholder Model, Shareholder Model, Corporate Governance, The Board of Directors, Sweden
National Category
Economics and Business
Research subject
Business Studies
URN: urn:nbn:se:umu:diva-60237OAI: diva2:558911
EIASM 5th Workshop on Corporate Governance
Available from: 2012-10-05 Created: 2012-10-05

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