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Swedish Managerial Capitalism

Did it Ever Become Ascendant

Bibliographic Data

ID8418293
AuthorsJan Glete (Stockholm University, corresponding author)
Year1993
Volume35
Issue2
Pages99-110
Publication date1993-04-01
Open AccessNo
TypeARTICLE
VenueBusiness History (JOURNAL)
Journal identifiersISSN: 0007-6791 • E-ISSN: 1743-7938
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00076799300000054
OpenAlexW1985054497
LanguageEN
Citations received4

In this paper, the hypothesis that managerial capitalism has become the dominant form of company control in industrial societies is tested on several of the largest Swedish enterprises. The conclusion is that, while professional managers were influential during the creation of large companies, they have lost part of their power to large owners who have been able to create their own power base in banking and through extensive networks in Swedish industrial society. This enables them to make independent decisions and control the recruitment of managerial leaders. Managerial capitalism exists, but it has not become dominant

Business · Capitalism · Control (management · Economic system · Economics · Management · Market economy · Political science · Politics · Power (physics · Elite Sociology and Global Capitalism · Law

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Citations per year0.13
Citation span1996 - 2016 (21)
Highly citedNo

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