The foundation based governance model is common all over Northern Europe because of the reason you pointed out ;).
SAAB, Bosch, ThyssenKrup, and others are similarly structured.
The foundation based governance model is common all over Northern Europe because of the reason you pointed out ;).
SAAB, Bosch, ThyssenKrup, and others are similarly structured.
SAAB is publicly traded, however a majority(or nearly) of voting shares are held more or less directly by the Wallenberg family, they have investment/"power companies" as well as their family foundation(s) and control quite a few major companies here.