Working Paper Series
Long-Term Firm Growth and Ownership Organization - A Study of Business Histories
Abstract: This paper is concerned with ownership organization in the
process of industrial growth and transformation. It stresses the
difficulties of changing an established and successful pattern of behavior.
The meso-level of organization is used to interpret coordination of
economic activities between micro-units. The importance of investigating if
technological development is induced from the demand or supply side is
stressed. The Swedish financial market for ownership and control and two
major Swedish industrial branches: the forest industry and the engineering
industry are analyzed. The slow development of an efficiency control
function on the Swedish stock market is discussed.
Keywords: Firm structure; ownership; industrial growth; technological progress; (follow links to similar papers)
JEL-Codes: L22; L73; O33; (follow links to similar papers)
33 pages, May 1989
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