The Study on the Swedish Model of Corporate Governance and Long-term Management Innovation

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I classified a main Swedish company as a long-term performance on the basis of management innovation. Furthermore, I took away the big company which carried out large management reform in the past 20 years, and analyzed the role of corporate governance system mainly from a dominant owner, a manager, the situation of representative employee. The current corporate governance system of the Swedish company is the system which maintains a characteristic of the corporate governance that a traditional controlling stockholder has influence toward, while taking in the increasing influence of institutional investors. The role of representative employee in the board of directors continues while weakening. The Sweden model of the corporate governance plays its part in promoting the management innovation of a long-term company.