Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSN › Chapter
Publication date | 26/03/2021 |
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Host publication | Pioneering Family Firms’ Sustainable Development Strategies |
Editors | Pramodita Sharma, Sanjay Sharma |
Place of Publication | Cheltenham |
Publisher | Edward Elgar Publishing Ltd. |
Pages | 335-344 |
Number of pages | 10 |
ISBN (electronic) | 9781789904420 |
ISBN (print) | 9781789904413, 9781035306763 |
<mark>Original language</mark> | English |
Name | New Horizons in Sustainability and Business |
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Publisher | Edward Elgar |
This case is built around a conversation with three members of the Swedish Wallenberg family - a key player in Swedish and European business life for many years. Through five generations, the Wallenberg family have worked to build and maintain long-term business sustainability and innovation through financial vigilance, patience and purposeful business development. This case illustrates how these long-standing family values and traditions have been used as a platform to support enterprise and build sustainable growth and global expansion for companies of Swedish origin. Moreover, this long-term perspective to sustainable business activity has been driven through a family tradition of working for the advancement of Sweden and the progression of Swedish society through a vision of long-term responsible and sustainable ownership. The case gives concrete examples of how the Wallenberg family has achieved this through their family foundations support to various research and cultural initiatives.