Advanced

Från ägarmakt under ansvar till företagsledarmakt. En studie över maktförskjutningen hos tre svenska verkstadsaktiebolag

Arlebäck, Sven Olof LU (1996) In Lund Studies in Economic History 4.
Abstract
The dissertation is confined to the formal work of the boards of the parent companies as recorded in the approved minutes of meetings at Alfa Laval AB, Atlas Copco AB and Kockums Mekaniska Verkstads AB and is based on the Companies Law applying in Sweden since 1848. The study covers the time from the establishment of the joint stock company up to the ordinary general meeting of 1980 (1979 in the case of Kockums).



Swedish legislation shows a clear shift of power from the shareholders general meeting via the board of directors to the managing director and his senior managers. However, the exercise of the Law in companies studied shows, that the power was distributed even faster in practice. From the last decade of the... (More)
The dissertation is confined to the formal work of the boards of the parent companies as recorded in the approved minutes of meetings at Alfa Laval AB, Atlas Copco AB and Kockums Mekaniska Verkstads AB and is based on the Companies Law applying in Sweden since 1848. The study covers the time from the establishment of the joint stock company up to the ordinary general meeting of 1980 (1979 in the case of Kockums).



Swedish legislation shows a clear shift of power from the shareholders general meeting via the board of directors to the managing director and his senior managers. However, the exercise of the Law in companies studied shows, that the power was distributed even faster in practice. From the last decade of the nineteenth century a managing director took over the day-to-day running of the company from the board, although the latter did still retain much of its decisionmaking right. Authorised signatories of the company were later on no longer required to be members of the board. From the 1950s it became a rule for the managing director’ s colleagues not on the board to participate in board meetings as rapporteurs on their respective spheres of responsibility. This dramatically increased their power to influence - not to say guide - the board' s handling of the matters discussed. This process was completed during the 1960s in the case of Alfa and Kockums, whereas at Atlas it was not accomplished until the end of the 1970s. (Less)
Please use this url to cite or link to this publication:
author
opponent
  • unknown], [unknown
organization
publishing date
type
Thesis
publication status
published
subject
keywords
Ekonomisk och social historia, Social and economic history, Board fees, Board meetings, Board members, Board of Directors, Liability, Power, Sweden, Public limited company
in
Lund Studies in Economic History
volume
4
pages
416 pages
publisher
Lund University Press
defense location
Crafoordsalen, Holger Crafoords Ekonomicentrum, Lund
defense date
1996-02-09 10:15
ISSN
1400-4860
ISBN
91-7966-345-1
language
English
LU publication?
yes
id
e8003bbe-924d-432e-abc6-51bc0c8a3558 (old id 17557)
date added to LUP
2007-05-24 10:06:57
date last changed
2016-09-19 08:44:59
@phdthesis{e8003bbe-924d-432e-abc6-51bc0c8a3558,
  abstract     = {The dissertation is confined to the formal work of the boards of the parent companies as recorded in the approved minutes of meetings at Alfa Laval AB, Atlas Copco AB and Kockums Mekaniska Verkstads AB and is based on the Companies Law applying in Sweden since 1848. The study covers the time from the establishment of the joint stock company up to the ordinary general meeting of 1980 (1979 in the case of Kockums).<br/><br>
<br/><br>
Swedish legislation shows a clear shift of power from the shareholders general meeting via the board of directors to the managing director and his senior managers. However, the exercise of the Law in companies studied shows, that the power was distributed even faster in practice. From the last decade of the nineteenth century a managing director took over the day-to-day running of the company from the board, although the latter did still retain much of its decisionmaking right. Authorised signatories of the company were later on no longer required to be members of the board. From the 1950s it became a rule for the managing director’ s colleagues not on the board to participate in board meetings as rapporteurs on their respective spheres of responsibility. This dramatically increased their power to influence - not to say guide - the board' s handling of the matters discussed. This process was completed during the 1960s in the case of Alfa and Kockums, whereas at Atlas it was not accomplished until the end of the 1970s.},
  author       = {Arlebäck, Sven Olof},
  isbn         = {91-7966-345-1},
  issn         = {1400-4860},
  keyword      = {Ekonomisk och social historia,Social and economic history,Board fees,Board meetings,Board members,Board of Directors,Liability,Power,Sweden,Public limited company},
  language     = {eng},
  pages        = {416},
  publisher    = {Lund University Press},
  school       = {Lund University},
  series       = {Lund Studies in Economic History},
  title        = {Från ägarmakt under ansvar till företagsledarmakt. En studie över maktförskjutningen hos tre svenska verkstadsaktiebolag},
  volume       = {4},
  year         = {1996},
}