Swedish companies shun foreign ownership
TT/The Local · 31 Dec 2009, 10:36
Published: 31 Dec 2009 10:36 GMT+01:00
Almost seven out of ten heads of industrial companies think that Swedish corporations should be owned and managed domestically, reports financial daily Dagens Industri (DI).
The survey of 100 Swedish business leaders was conducted by analysis firm United Minds.
But Pontus Braunerhjelm, managing director of the Swedish Entrepreneurship Forum (Entreprenörskapsforum) and economics professor at the Royal Institute of Technology (KTH) in Stockholm, rejected the notion that Swedish ownership was inherently more desirable.
“It's an expression of a kind of nationalism. Foreign owners facilitate the spread of knowledge and diversity,” he said.