SEB -Gruppen Skandinaviska Enskilda Banken

Total Page:16

File Type:pdf, Size:1020Kb

SEB -Gruppen Skandinaviska Enskilda Banken SEB -gruppen Skandinaviska Enskilda Banken 1982 Innehåll Bolagsstämma 1 SEB-gruppen och Skandinaviska Ordinarie bolagsstämma hålles tisdagen Enskilda Banken 1982 den29mars 1983 kl 14.00 i bankens hu­ 2 Marcus Wallenberg 1899-1982 vudkontor, Kungsträdgårdsgatan 8, 4 Verkställande ledningen har ordet Stockholm. För att äga rätt att deltaga i 8 Förvaltningsberättelse stämman skall aktieägare dels vara in­ SEB-gruppen förd i den av Värdepapperscentralen 12 SEB-gruppens organisation VPC AB (VPC) förda aktieboken senast 14 Dotterbolagen fredagen den18mars 1983, dels anmäla 27 Intressebolagen sig till Juridiska centralen, Skandinavis­ 30 Skandinaviska Enskilda Banken ka Enskilda Banken, Huvudkontoret, 38 Resultaträkningar 106 40 Stockholm, eller per telefon 08- 39 Balansräkningar 763 50 00 senast torsdagen den24mars 40 Redovisningsprinciper 1983 kl 13.00. 41 Noter till resultat- och balansräkning ar Aktieägare som genom banks notariat­ 47 Förslag till vinstdisposition avdelning eller enskild fondhandlare låtit Revisionsberättelse förvaltarregistrera sina aktier måste för 48 Långtidsöversikter att få utöva rösträtt på stämman tillfälligt 51 styrelse, verkställande ledning, inregistrera aktierna i eget namn hos revisorer VPC. Sådan om registrering måste vara 52 Direktörer, rådgivare verkställd senast fredagen den18mars 54 Bankens kontorsnät 1983. Detta innebär att aktieägare i god 55 Dotterbolag tid före denna dag måste meddela sin Intressebolag önskan härom till förvaltaren. Utbetalning av utdelning Styrelsen föreslår som avstämningsdag den 31 mars 1983; om stockhalms Fondbörs då skulle vara stängd, föreslås i stället den 5 april 1983 som avstäm• ningsdag. Utdelningen beräknas komma att utsändas av VPC femte bankdagen efter den av stämman beslutade avstäm• ningsdagen. Denna årsredovisning följer i allt väsentligt Följande internationella valutakoder används: OECD:s riktlinjer för information om internatio­ nella investeringar och multinationella företag. AUD australiska dollar BEC belgiska francs Förekommande sifferuppgifter inom parentes BRC bras i lianska cruzeiros avser 1981, om inte annat sägs. Procenttal av· CHF schweiziska francs seende SEB·gruppens, bankens och dess dot· DEM tyska mark terbolags rörelse är baserade på icke avrundat FIM finska mark sifferunderlag. GBP engelska pund INR indiska rupier De utländska dotter· och intressebolagens full· KWD kuwaitiska dinarer ständiga, reviderade räkenskaper är inlämnade LUF luxemburgiska francs till vederbörande myndigheter. MAD marockanska dirham MXP mexikanska pesos SEK, svenska kronor, används l vissa uppställ· NLG holländska gulden ningar. Miljon förkortas M. Miljoner kronor SGD singaporedollar skrivs dock M kr. USD amerikanska dollar TND tunisiska dinarer XOF CFA·francs, Elfenbenskusten SEB-gruppen och Skandinaviska Enskilda Banken 1982 SEB-gruppens rörelsevolym fortsatte att växa, besvärliga industrikonjunkturen som med­ ehuru något långsammare än 1981. BaJans­ förde att kreditförlusterna steg kraftigt och omslutningen ökade med 12.6% till139.6 Mkr. trots en osedvanligt tät följd av penningpolitis­ Det innebar för andra året i följd att gruppen ka åtgärder som hämmade tillväxten av ränte• växte snabbare än banken, vars omslutning nettot. Devalveringen i oktober medförde en ökade med 10.2% till 112.8 Mkr. Denna ten­ betydande bokföringsmässig förlust. dens avspeglar dotterbolagens växande be­ tydelse. - Under 1982 bildades ett nytt dotter­ Bankinspektionen föreskrev nya regler för re­ bolag, Enskilda Securities, Skandinaviska dovisningen bl a av kredit- och valutaförluster 1.... '1skilda Ltd i London, för att bl a verka på de med tillbakaverkande innebörd. Bankerna internationella kapitalmarknaderna. måste också göra särskilda reserveringar för kreditrisker på vissa länder. Dotterbolagen utvecklades överlag väl, trots · 1rkt stigande kreditförluster. För att säker• Bankens rörelseresultat var otillräckligt för att sf~lla fortsatt expansion krävdes kapital­ hindra den fortgående sänkningen av solidite­ ökningar i dotterbankerna i Luxemburg och ten och för att kompensera för inflationens ur­ Singapore liksom också i det snabbt växande holkning av eget kapital och reserver. intressebolaget Scandinavian Bank i London. l denna ökades Skandinaviska Enskilda Ban­ För att säkra fortsatt expansion av rörelsen kens andel från 34.8% till 37.0% genom att och tillgodose växande kapitalbehov i dotter­ Scandinavian Bank förvärvade 66.0% av aktie­ och intressebolag behöver bankens kapitalbas kapitalet i Banque Seandinave en Suisse där förstärkas. styrelsen föreslår därför att aktie­ banken tidigare innehade 29.2% av aktierna. kapitalet ökas med nom 201 Mkr genom ny­ De båda bankerna uppnådde därmed ökat emission av 1:5 till en kurs av 160 kr per aktie. expansionsutrymme och förbättrade möjlig• De nya aktierna avses få utdelning för 1983, heter att tillgodose inte minst svenska kunders och överkursen 110 kr per aktie eller totalt v~xande behov av finansiering utanför Sverige. 442 Mkr skall avsättas till reservfonden. Utdel­ ( ' ningen för 1982 föreslås bli kr 11 .25 (10.00) per Skandinaviska Enskilda Banken hade en i flera A-aktie och kr 18.75 (17.50) per B-aktie. hänseenden gynnsam utveckling, trots den Rörelseresultat i sammandrag SEB-gruppen Skandlnaviska Enskilda Banken 1982 1981 Föränd- 1982 1981 Föränd- Mkr Mkr ring% Intäkter Mkr Mkr ring % 2122 1 912 + 11.0 Räntenetto .. ............... .. ... -. ' ... ..... 1 863 1 743 + 6.9 2 036 1 621 + 25.6 Provisioner och övriga intäkter . ... .. .... ..... 1 329 1 047 +26.9 4158 3 533 + 17.7 3192 2790 + 14.4 Kostnader 1124 1 015 + 10.8 Personalkostnader . ... .• .... ••• .... • .... ... 991 928 + 6.8 757 609 +24.3 övriga kostnader . .... • ............ ... .. 611 514 + 18.8 380 289 +31.4 Avskrivningar .... ... ..• . ... ••. ... .•••... .. 45 43 + 3.5 2 261 1 913 +18.2 1 647 1 485 + 10.9 1 897 1 620 +17.1 1 545 1 305 + 18.3 120 126 - 4.9 Obligationsförluster .. , • •••• ' •• • o ••• t' ..... .... .. 121 127 - 4.6 102 36 - Kreditförluster ....... .... .... .. 81 28 - 1675 1 458 + 14.9 Resultat efter realiserade förluster ... ••• .. ... 1343 1150 +16.7 137 79 + 72.7 Orealiserade valutaförluster ....... ... o. -- 130 78 +66.4 114 3 - Reservering för utländska kreditengagemang ... 108 3 - Rörelseresultat före extraordinära poster, 1424 1 376 + 3.5 bokslutsdispositioner och skatter ....... .. .. 1105 1069 + 3.3 Marcus Wallenberg 1899-1982 När Marcus Wallenberg vid bankens tags etableringar på viktiga marknader bolagsstämma den30mars 1976 utsågs och, under senare år, av hela projekt till hedersordförande i skandinaviska genomförda av svenska företag fann en Enskilda Bankens styrelse kunde han se självklar tillskyndare i Marcus Wallenberg. tillbaka på en mer än halvsekellång Han började tidigt bygga upp ett nät av bank- och finansmannabana. Han hade kontakter i världens fi nanscentra och som tjugosexåring, efter några år av in­ förvärvade under sina talrika resor en ternationella bankstudier, inträtt i stock­ snabbt växande krets av vän ner i bank­ halms Enskilda Bank där han i mars och industrivärlden. 1927 utsågs till styrelseledamot och vice verkställande direktör. Bankens verkstäl• Alla dessa kontakter, insikter och erfa­ lande direktör var han sedan under åren renheter blev tillgångar som Marcus 1946-1958 o c h b lev därefter styre Isens Wallenb.erg kunde ställa till fö rfogande vice ordförande. Den 31 mars 1969 ut­ till ömsesidigt gagn för s tockhalms sågs Marcus Wallenberg till ordförande i Enskilda Bank och dess kundkrets. Un­ styrelsen för Stockholms Enskilda Bank. der en lång följd av år kunde han sålun­ l denna egenskap kom han att spela da verksamt bidraga till en framgångsrik en avgörande roll vid tillkomsten av utveckling av denna bank som från och Skandinaviska Enskilda Banken, vars med 1972 förenade si na resurser med självskrivne styrelseordförande han blev Skandinaviska Bankens. Detta skedde i när den nya banken bildades den en tid som präglades av snabbt växande 17 december 1971. kreditbehov för näringslivets expansion och en likaledes snabbt tilltagande inter­ Här är inte platsen att teckna Stock­ nationalisering av den svenska industrin holms Enskilda Banks historia. Men det och därmed också av bankverksamhe­ är naturligt att erinra om att denna i ten. Att leda en ny och större bank i en högsta grad var förbunden med utveck­ sådan föränderlig miljö kunde inte an ­ lingen av en rad ledande svenska indu­ förtros någon därtill bättre skickad än striföretag som i många fall vuxit ut till just Marcus Wallenberg. världsomspännande koncerner. Denna samverkan mellan bank och industri Styrelsen och verkställande ledningen l hade i betydande utsträckning grund­ skandinaviska Enskilda Banken och lagts och vidareutvecklats av de fram­ dess dotterbolag har under de år som synta och initiativrika medlemmar av gått sedan bankens start med största familjen Wallenberg som under mer än uppmärksamhet och tacksamhet lärt och 115 år stod i ledningen för Stockholms dragit nytta av Marcus Wallenbergs Enskilda Bank. Härvid kom inte minst djupgående erfarenheter och insiktsfulla Marcus Wallenberg att spela en framträ• råd. Vi saknar honom och hans unika dande roll med sitt fruktbärande enga­ kompetens, hans initiativkraft och gemang både i svenskt industriellt före• skaparförmåga. tagande och i svenskt och internationellt bank- och finansväsende. För att hedra minnet av Marcus Wallen­ berg har en stiftelse bi ldats med namnet Marcus Wallenberg hade tagit i arv och Tekn dr Marcus Wallenbergs Fond för vidareutvecklade målmedvetet insikten utbildning i internationellt
Recommended publications
  • Al Inno Ation
    GL AL INNO ATION MA AGING INTERNATIONAL INNOVATION PROJECTS AT ABB AND ELECTROLUX 8! ,tR) INSTITUTE OF INTERNATIONAL ~~:~:3 ~,.~.,~ BUSINESS- lIB a STOCKHOLM SCHOOL OF ECONOMICS Address: Hollandargatan 32, P.O. Box 6501, S-113 83 Stockholm, Sweden. Telephone: +46 (0)8 736 9500, Fax: +46 (0)8 31 99 27, E-mail: [email protected], Telex: 16514 HHS S • Founded in 1975 • Is a research institute at the Stockholm School ofEconomics • Conducts theoretical and empirical research within the area ofBusiness Administration with emphasis on issues in International Business • Arranges seminars and academic symposia • Is in charge ofundergraduate and graduate courses in International Business and Strategic Management at the Stockholm School ofEconomics • Is in charge ofthe International Graduate Program (IGP) at the Stockholm School ofEconomics • Is in charge ofthe Advanced Management Program (AMP) at the Stockholm School ofEconomics • Publishes its research findings and results in a series ofresearch papers and articles and books lIB Board Professor Claes-Robert Julander, President, Stockholm School ofEconomics (Chairman) Professor Magnus Blomstrom, Stockholm School ofEconomics Mr. Jonas afJochnick, Vice Chairman, Oriflame International S.A.; CEO, ORESA Professor Lars-Gunnar Mattsson, Stockholm School ofEconomics Dr. Lars Otterbeck, President and CEO, Axel Johnson SABA AB Dr.h.c. Jacob Palmstierna, Chairman, Nordbanken Dr.h.c. Hans Rausing (honorary member) Mr. Bert-OlofSvanholm, Chairman, Volvo AB; Chairman, Royal Swedish Academy of Engineering Sciences Mr. Tom Wachtmeister, Chairman, Swedish Trade Council; Vice Chairman Atlas CopcoAB Mr. Sven Agrup, Chairman, AGA AB Acting Professor Orjan Solvell, Director 1m Further information about current research at the institute and its publications will be mailed on request.
    [Show full text]
  • Annual Report 2001
    Annual Report 2001 Contents Corporate statement 4 Highlights of 2001 6 Letter to shareholders 10 The Nordea share 14 Business overview and market position 20 Strategy for leadership and growth 22 Financial targets 24 Second wave of integration 26 Information technology 28 Organisational and management principles 29 The Nordea brand 30 Economic development and business environment 32 Results by business area 34 Retail Banking 36 Corporate and Institutional Banking 46 Asset Management & Life 54 General Insurance 62 Group Treasury 66 Ratings 69 Planning and performance 70 Risk management and asset quality 74 Care for the environment and good citizenship 88 Human resources 92 Financial structure 94 Operational income statement 96 Comments to operational income statement 98 Financial statements 100 3-year overview 132 Quarterly overview 133 Board of Directors 134 Group Executive Management 137 Business organisation 138 Legal structure 140 Notice of the Annual General Meeting 143 In this Annual Report ”Nordea” means Nordea AB (publ), the Nordea Group or the business operations of the Nordea Group. The significance in individual cases is shown by the context. Nordea Bank Norge ASA and Nordea Bank Danmark A/S are also referred to as "Nordea Bank Norway" and "Nordea Bank Denmark" respectively. The Nordea Group is also referred to as ”the Group”. The legal structure of the Nordea Group is presented on page 140. Nordea in short Nordea is the leading financial services group in the Nordic and Baltic Sea region and operates through four business areas: Retail Banking, Corporate and Institutional Banking, Asset Management & Life and General Insurance. The Nordea Group has nearly 11 million customers, 1,245 bank branches and 125 insurance service centres in 22 countries.
    [Show full text]
  • Ncc A-Del ENG Slutkorr 2 98-04-01 10.33 Sidan 1 Summary
    /ncc A-del ENG slutkorr 2 98-04-01 10.33 Sidan 1 Summary Summary Pro forma consolidated income after net financial KEY FIGURES IN BRIEF items, excluding merger costs, amounted to SEK 1997 1996 Income after net financial items 74 m. (273). Including merger costs, a loss of SEK excluding merger costs, SEK m.1 74 273 375 m. was reported after net financial items. Equity/assets ratio 33% 30% Net income after full tax and excluding merger Earnings/loss per share excluding merger costs, SEK 2.60 2.00 costs amounted to SEK 276 m. (159) which Dividend per share, SEK 1.50 2 1.50 corresponds to SEK 2.60 (2.00) per share. 1) Pro forma, see page 62. Including merger costs, a net loss of SEK 173 m. 2) Board of Directors’ proposal to Annual General Meeting was reported, which corresponds to a loss of SEK 1.60 per share. A dividend of SEK 1.50 (1.50) per share is proposed. BO AX:SON JOHNSON Bo Ax:son Johnson died on May 9, 1997, Total orders received by construction operations at an age of 79. Bo Ax:son Johnson was rose 9 percent to SEK 29.8 billion (27.3). On a active in the Nordstjernan Group for 52 years, the last 18 of which as Chairman of pro forma basis, orders received by NCC’s Nordstjernan. Swedish construction operations declined by During these years, Bo Ax:son Johnson 9 percent during the year to SEK 18.3 billion became intimately associated with Sweden’s industrial history and the (20.0).
    [Show full text]
  • Wkr0001.Pdf (4189
    Securitas AB Annual Report 2006 Contents Introduction 3 A world leader in security 5 2006 in brief The Group 8 Comments by the CEO 18 The market 20 Strategy and organization 22 Code of Conduct 24 Financial control and fi nancial objectives 28 Risk management 30 The share, shareholders and dividend 33 Financial overview 1992–2006 Annual Report Report of the Board of Directors 38 Financial overview 46 Security Services North America 52 Security Services Europe 58 Loomis Financial reports 68 Consolidated fi nancial statements 73 Notes and comments to the consolidated fi nancial statements 100 Parent Company fi nancial statements 104 Notes and comments to the Parent Company fi nancial statements 109 Audit report Corporate Governance 112 Board of Directors and auditors 113 Group Management 114 Report of the Board of Directors – Corporate Governance and Internal Control Corporate Information 126 Quarterly data 128 Financial information and invitation to the Annual General Meeting 129 The Group’s website Note to readers Securitas AB is a Swedish public company with its registered offi ce in Stockholm. Corporate registration number: 556302-7241. Figures are in Swedish kronor, abbreviated as SEK. Millions of Swedish kronor are abbreviated as MSEK, billions of Swedish kronor as BSEK, millions of US dollars as MUSD, and millions in local currency as MLOC. Figures in parentheses refer to 2005 unless otherwise indicated. Figures for 2006, 2005 and 2004 are reported according to IFRS unless specifi cally stated otherwise. All fi gures for 2003 and earlier years are reported using earlier Elin Nicole Ødegård, a Security Offi cer with principles.
    [Show full text]
  • Annual Report 1996 Contents
    Annual Report 1996 Contents Bo Ax:son Johnson . 2 Financial information NCC today . 3 As a result of NCC’s unconditional offer for Siab and the Review by the President . 4 resulting merger work, NCC will not be publishing an interim report for the three months ended March 31, Business concept and strategy. 6 1997. Financial objectives . 8 August 18, 1997: Interim report for the six-month period ending June 30, 1997 Human resources . 9 November 10, 1997: Interim report for the nine-month period ending September 30, 1997 Environmental work . 12 February, 1998: Preliminary report on 1997 operations NCCs markets . 14 April 1998: Annual Report for 1997 Civil Engineering business area . 18 These publications are sent automatically to NCC shareholders. Others wishing a copy of the publications should supply details of their name and address to NCC AB, Group Communications, S-170 80 Solna, Sweden Building business area . 24 (fax: +46-8-85 77 55). A complete specification of NCC’s real estate portfolio and NCC’s Environmental Report can be ordered from the same Industry business area . 28 address. Real Estate business area . 32 NCC AB (publ) Org.No. 556034-5174 Invest business area . 38 Definitions . 41 Seven-year review . 42 Report of the Board of Directors . 44 The NCC share . 48 Financial accounts . 50 Accounting principles . 56 Comments and notes . 59 Proposed disposition of profits . 65 Auditors’ Report . 65 Board of Directors and Auditors . 66 Executive Management and Heads of Group Functions . 68 Translation from Swedish version: The Bugli Company, Stockholm Photo: Mats Lundquist etc Addresses . 70 Production: Lexivision/Strokirk/Landströms, 1997 Summary Consolidated income after net financial items During 1996, NCC acquired the contracting amounted to SEK 462 m.
    [Show full text]
  • Annual Report Loomis Annual Report 2012 2012 Loomis Is the Specialist at Managing Its Customers’ Flow of Cash, Allowing the Customers to Focus on Their Own Operations
    Annual Report Loomis Annual Report 2012 Annual 2012 Loomis is the specialist at managing its customers’ flow of cash, allowing the customers to focus on their own operations. Loomis AB, Gamla Brogatan 36–38, 2 nd floor, PO Box 702, SE-101 33 Stockholm, Sweden Switchboard: +46 8 522 920 00, www.loomis.com Contents The year in review 1 Group overview 2 President’s statement 4 Vision, goals and strategy 6 Operations 10 The future 14 Market 16 Europe 18 2 USA 20 Values and Code of Conduct 22 Group overview Risk management 25 » Loomis is one of the Corporate Governance Report world’s three largest cash Corporate Governance 26 handling companies. « The Board of Directors’ Report on Internal Control and Risk Management 30 Board of Directors and Auditor 34 Group Management 35 The share 36 Financial statements Administration report 38 4 Consolidated statement of income 43 President’s Consolidated balance sheet 44 Consolidated statement of statement changes in equity 45 » ­In the past year we took Consolidated statement of cash flows 46 a significant step forward Notes – Group 47 toward realizing our most Parent Company statement of income 82 important financial goal Parent Company balance sheet 83 Parent Company statement of cash flows 84 of an operating margin Parent Company statement of of 10 percent. « changes in equity 85 Notes – Parent Company 86 Auditor’s report 94 Five year overview 95 Quarterly data 97 Notice of Annual General Meeting 99 Addresses 100 10 Operations » Loomis’ most This is a translation of the original Swedish Annual important mission Report.
    [Show full text]
  • INFANT MULTINATIONALS the Internationalization of Young, Technology-Based Swedish Firms
    Maria Lindqvist INFANT MULTINATIONALS The Internationalization of Young, Technology-Based Swedish Firms AKADEMISK AVHANDLING som for avlaggande av ekonomie doktorsexamen vid Handelshogskolan i Stockholm framlagges till offentlig granskning fredagen den 8 november 1991 kl10.15 i sal KAW ahogskolan, Sveavagen 65 STOCKHOLM 1991 INFANT MULTINATIONALS The Internationalization of Young, Technology-Based Swedish Firms INSTITUTE OF INTERNATIONAL BUSINESS (liB) STOCKHOLM SCHOOL OF ECONOMICS Address: Hollandargatan 32, P.O. Box 6501, S-113 83 Stockholm, Sweden. Telephone: +46 (0)8 736 9000; Telefax: +46 (0)8 319927; Telex: 16514 HHS S o Founded in 1975. o Is a research institute at the Stockholm School of Economics. o Conducts theoretical and empirical research within the area of Business Administration with emphasis on International Business. o Arranges seminars for businessmen, researchers and key people in the civil services. o Is in charge of undergraduate and graduate courses in International Business at the Stockholm School of Economics. o Publishes its research findings and results in a series of research papers, and in articles and books. lIB BOARD Professor Staffan Burenstam Linder, President, SSE (Chairman) Mr. Torbjorn Ek, Chairman of the National Swedish Organization of Small Businesses Professor Lars-Gunnar Mattsson, SSE Professor Bertil Naslund, SSE Dr. Lars Otterbeck, Executive Vice President, Axel Johnson AB Dr.h.c. Jacob Palmstierna, Vice Chairman, Nordbanken Dr.h.c. Hans Rausing, Chairman, AB Tetra Pak Mr. Bert-Olof Svanholm, Executive Vice President, Asea Brown Boveri Ltd. Mr. Tom Wachtmeister, Vice Chairman, Atlas Copco AB Mr. Sven Agrup, Chairman, AGA AB Professor Jan-Erik Vahlne, Director lIB Further information about current research at the Institute and its publications ca be found in a brochure, which will be mailed on request.
    [Show full text]
  • Curriculum Vitae (2020-10) Name: Daniel Waldenström Born: March 27, 1974 Citizenship: Swedish Family: Married, Three Children (2003, 2006, 2011)
    Curriculum Vitae (2020-10) Name: Daniel Waldenström Born: March 27, 1974 Citizenship: Swedish Family: Married, three children (2003, 2006, 2011). Current Address: Institute of Industrial Economics (IFN), Grevgatan 34, 10215, Stockholm, Sweden. E-mail: [email protected] Web: sites.google.com/view/danielwaldenstrom/ Blog: www.ekonomistas.se Twitter: @daniwaldenstrom Education and academic degrees Professor of Economics, 2011. Associate Professor (Docent), Economic History, Lund University, 2018. Ph. D. (second), Economic History, Title: “Lifting All Boats? The Evolution of Income and Wealth Inequality over the Path of Development”, Supervisors: Christer Gunnarsson and Jonas Ljungberg, Department of Economic History, Lund University, 2009. Associate Professor (Docent), Economics, Stockholm School of Economics, 2009. Ph. D., Economics, Title: “Essays in Historical Finance”, Supervisor: Magnus Henrekson, Department of Economics, Stockholm School of Economics, 2003. Licentiate degree (Fil. lic.), Economic history, Title: “A Century of Securities Transaction Taxes: Origins and Effects”, Supervisor: Håkan Lindgren, Stockholm School of Economics, 2000. B.A., Economic history, Economics, Statistics, Stockholm University, 1997. Professional appointments Research Institute of Industrial Economics (IFN Stockholm), 2006-2011, 2019-, Research fellow, Professor. Paris School of Economics, 2015-2019, Professor, visiting (École des Hautes Etudes en Sciences Sociales, EHESS; Paris I-Sorbonne). Uppsala University, Department of Economics, 2011-2016, Professor. Stockholm School of Economics, Department of Economics, 2004-2005, Postdoctoral fellow. University of California, Los Angeles, 2003-2004, Global Fellow, International Institute; Visiting Assistant Professor, Dept. of Economics, University of California, Los Angeles, 2003-2004 Parental leave: Aug. 2007 - Mar. 2008; May 2012 - Jan. 2013. Grants and Fellowships Nordic Capital, Skatteekonomiskt program vid IFN (Taxation research at IFN), (450,000 EUR), 2020-2022.
    [Show full text]
  • Annual Report Government-Owned Companies 2000 00 Omslag 427,6 X 297 ENG 01-07-04 08.53 Sidan 3 01 - 43 VB ENG 0628 01-07-04 08.24 Sidan 2
    00 Omslag 427,6 x 297 ENG 01-07-04 08.53 Sidan 2 Annual Report Government-owned Companies 2000 00 Omslag 427,6 x 297 ENG 01-07-04 08.53 Sidan 3 01 - 43 VB ENG 0628 01-07-04 08.24 Sidan 2 Companies with Government Ownership A Summary 01 - 43 VB ENG 0628 01-07-04 08.24 Sidan 3 COMPANIES WITH GOVERNMENT OWNERSHIP. A SUMMARY he Government company sphere contains companies of very diverse character, T involving operations ranging from the mining industry to opera, from property to gambling. The overriding objective for the Government is that the companies should create value and, where appropriate, make sure that stipulated public interest require- ments are fulfilled. The companies constitute a large part of the domestic economy, and, consequently, their operations have a strong influence on economic growth and employment. Considerable responsibility is therefore placed on the Government as regards being an active and professional owner. The annual report is a tool which can increase transparency as regards companies with Government ownership. I SJ (Swedish State Railways) was given I Vattenfall AB has established itself as company form at the turn of the year one of Northern Europe’s largest in order to improve the conditions for energy companies by means of focusing on core activities and running acquisitions, with a strong presence a competitive business. The business in Europe’s largest market, Germany. is now conducted by three companies I AB Svenska Spel is introducing Grey- directly owned by the Government. hound Racing, and SEK 310 million I V&S Vin och Sprit AB continued to of the company’s total profits was dis- expand during 2000.
    [Show full text]
  • Socialists at the Gate: Swedish Business and the Defense of Free
    SOCIALISTS AT THE GATE Rikard Westerberg Twice in the last century, organized capital in Sweden clashed with organized labor on the issue of private ownership and state intervention. First, in the 1940s following proposals on increased regulation, higher taxes, and potential nation- alization. Thirty years later, when business interests felt pressured by radical- SOCIALISTS AT THE GATE ized politics and a threat of losing ownership to union-controlled wage-earner funds in the midst of an economic crisis. For the captains of industry, the perils SWEDISH BUSINESS AND THE DEFENSE of socialism were to be fought by convincing the general public of the benefits OF FREE ENTERPRISE, 1940–1985 of free enterprise and assisting the non-socialists parties to return to power. This study analyzes business counter-reactions: its attempt to influence public opinion through PR-campaigns, public protests, research financing, press sub- sidies, and political donations. Applying theories on interest group formation and with access to previously closed archives, it finds that it was the level of radicalism within the internationally uniquely strong Swedish labor movement which incentivized business to act. It also analyzes the previously unresearched connections between Swedish employers and pro-market organizations abroad, including the relationship between prominent free-market economists and pub- lic-relations experts within the Swedish business community. In addition to shedding new light on how organized business tried to reach its Westerberg Rikard political goals during the Cold War era, the thesis helps us understand how ideas of deregulation, competition, and individual choice got a foothold in a country so characterized by social democracy.
    [Show full text]
  • Annual Report 2000 Nordea Is the Leading Financial Services Group in the Nordic and Baltic Sea Region and Operates Through Six Business Areas: Retail Banking
    Annual Report 2000 Nordea is the leading financial services group in the Nordic and Baltic Sea region and operates through six business areas: Retail Banking, Corporate and Institutional Banking, Asset Management, Investment Banking, Life Insurance and Pensions and General Insurance. The Nordea Group has nearly 10 million customers, 1,260 bank branches and 125 insurance service centres in 22 countries. The Nordea Group is a world leader in Internet banking, with more than 2.2 million e-customers. The Nordea share is listed in Stockholm, Helsinki and Copenhagen. Contents Nordea 2000 in brief ...................................... 1 Legal structure................................................ 81 The Nordea statement................................... 3 Corporate governance ................................... 82 Summary of important events ...................... 4 Board of Directors .......................................... 84 Key financial figures ...................................... 5 Group Management ...................................... 86 Letters to the shareholders ........................... 6 Financial structure.......................................... 88 The Nordea share........................................... 12 Real estate....................................................... 90 Risk management .......................................... 92 Economic development in the Economic capital ............................................ 104 Nordic region ................................................. 16 Business environment...................................
    [Show full text]
  • Sweden, Europe and the Return of the Eighteenth Century During the 1990S Crisis”, Culture Unbound­ , Volume 13, Issue 1, 2021: 90–113
    ‘New Gustavians’: Sweden, Europe and the Return of the Eighteenth Century during the 1990s Crisis By Andreas Mørkved Hellenes Abstract The early 1990s saw Sweden severely hit by financial crisis, electoral upheaval and a swift reorientation within political elites resulting in an application to join the European Union (EU). Based on a case study of the Swedish blockbuster exhibition project The Sun and the North Star in Paris during spring 1994, this article argues that the early 1990s represent a key transition period for the renegotiation of the relationship between business, politics and culture in Swedish foreign promotion and cultural diplomacy. In a wide-ranging campaign launched in France ahead of the Swedish referendum on European membership, political communication, cultural heritage narratives, and export promotion were brought together in an ambitious national identity political project that showcased a new, liberal-conservative and inherently European Sweden. Keywords: Sweden, public diplomacy, European membership, material culture, Gustavianism, nation branding. Mørkved Hellenes, Andreas: “‘New Gustavians’. Sweden, Europe and the Return of the Eighteenth Century during the 1990s Crisis”, Culture Unbound, Volume 13, issue 1, 2021: 90–113. Published by Linköping University Electronic Press: http://www.cul- tureunbound.ep.liu.se This work is licensed under a Creative Commons Attribution 4.0 International License Culture Unbound Journal of Current Cultural Research On February 12, 1990, French Prime Minister Michel Rocard informed President François Mitterrand of the outcome of negotiations for an alliance between the state-owned French car company Renault and the Swedish manufacturer Volvo (Routier 1993). Suspecting that Mitterrand was not keen to accept the deal, Rocard tried to sweeten the pill by alluding to Sweden’s advanced social organisation and welfare state.
    [Show full text]