Bonnier Group: Sweden's Leading Family Owned Business
Case Code: BSTR238 Case Length: 18 Pages Period: 1990-2006 Pub Date: 2006 Teaching Note: Not Available |
Price: Rs.400 Organization: Bonnier AB Industry: Media, Entertainment and Gaming Countries: Sweden Themes: Family-Owned Business, Corporate Governance |
Abstract Case Intro 1 Case Intro 2 Excerpts
Abstract
The case discusses some of the unique governance and control practices of Sweden based Bonnier Group. The Group was founded over two centuries ago and has been recognized globally as a well-managed family-owned business. Dynamic leaders in each generation, strong culture and values helped the family stay together while maintaining their control over the Group's businesses.
As the Bonnier family moved into the sixth generation, the Group had adopted a more professional and transparent approach to governance. The case examines the growth of Bonnier Group over the decades and highlights the best practices in managing a family-owned business.
Issues
The case is structured to achieve the following teaching objectives
- Study the best practices in managing a family-owned business
- Evaluate the importance of culture, values and leadership in managing a family owned business successfully
- Examine the importance of good governance and control in bringing transparency to the operations of family owned business
Contents
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The Recognition
Background Note
The Sixth Generation
The Governance Practices
The Road Ahead
Exhibits
Keywords
Bonnier Group, Family-Owned Business, Governance Structure, Control System, Culture, Values, Transparency, Family Business as a Heirloom, Bonnier Family Foundation, Ownership Philosophy, Professional Management, Bonnier Group Family Tree, Organization Structure, Family-Owned Businesses in Europe
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