Corporate Governance in Sweden - An International Trade Union Perspective (2008)

This report is the outcome of a descriptive exercise of the Swedish corporate governance system in an international trade union perspective. This exercise has consisted in screening the Swedish system through the conceptual framework identified in a 2005 Global Unions discussion paper on corporate governance: “Workers’ Voice in Corporate Governance – A trade Union Perspective” . The 2005 Global Unions report outlines two parallel strategies to promote workers’ interests in corporate governance: (i) workers as employees of the companies and (ii) workers as shareholders of companies via their pension funds' and/or other long term saving schemes' holdings. The 2005 Global Unions discussion paper shows the complementarities between the two approaches to achieve effective corporate governance and in particular to ensure accountability of the board of directors. In practice however, most OECD jurisdictions lean toward one or the other and few can pretend to encompass both approaches. Sweden does.

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