Return to search

Ansiktlösa parasiter : En studie av institutionernas passiva ägande / A study of institutional passivity

Introduction: Increased savings in funds has enforced the importance of the institutions. During the last 25 years they have augmented their ownership from 20 to 85 % of the Swedish stock exchange. Thereby the ownership becomes more and more financial, meaning that the return is the most crucial. In an article in Dagens Nyheter the president of the Swedish Shareholders Association and the president of Metall object to the institutional passivity which they consider being an important problem. Purpose: The purpose of this essay is to put the institutional passivity in perspective. Method: The study was made in three parts. First we studied four companies, two with passive ownership and two with active, in two different lines of business. Then we studied the ownership structure in companies with a negative profittrend. Finally we contacted different trust funds to get their opinion on owner passivity. Result: The first study showed no difference between the passively and the actively owned companies. Neither did our second study prove any link between performance and owner passivity. Concerning the trust funds they all said to be active why passivity was no problem since it did not exist. Conclusion: We think that all trust funds say they are active because they have to say so and that they in practice are more or less passive. From the result of our studies we conclude that institutional passivity seems to be no problem. We think the conflict causing this discussion could be between different ownergroups rather than between management and owner

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:liu-773
Date January 2001
CreatorsKlint, Jenny, Viberg, Gunilla, Åström, Frida
PublisherLinköpings universitet, Ekonomiska institutionen, Linköpings universitet, Ekonomiska institutionen, Linköpings universitet, Ekonomiska institutionen, Ekonomiska institutionen
Source SetsDiVA Archive at Upsalla University
LanguageSwedish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess
RelationMagisteruppsats från Internationella ekonomprogrammet, ; 2001:7

Page generated in 0.0022 seconds