Swedish companies
Strategic Concepts & Mechanics
Primary Evidence
"In the rapid international expansion, Hans gave significant responsibilities to relatively young managers. These were managers who later made careers not only within the group but also attained top positions in large Swedish companies. There are those who argue that Hans’s leadership style spread and became formative in Swedish business life and contributed to what has been called “Swedish Management” in academic circles."
"Researcher and professor Per Strömberg at the Swedish Institute for Financial Research, together with some colleagues, has conducted several international studies on “financial distress,” when companies become insolvent or go bankrupt. They show that, if you average out the number of companies over the typical holding period for private equity owners, six years, it results in 1.2 percent bankruptcies per year. These are low numbers, but twice as high as for listed American and Swedish companies overall. The researchers also state that there may be unreported cases, as some private equity firms only state that they have made an “exit” without specifying whether it was a sale or a bankruptcy."