Firms having significant shareholdings in one another is not an unusual phenomenon in countries where the law admits such ownership arrangements, like Sweden and Japan. In this paper the role of cross-ownership as means for deterring takeovers is examined in the framework of a simple two-firm,...

This paper utilizes data from a Swedish household survey for 1984 (The HUS data) in combination with data on public daycare fees and spaces per child by community. We argue that the subsidy rate and availability of spaces determined by the political leaders of the community is to a large extent...

This paper is concerned with ownership organization in the process of industrial growth and transformation. It stresses the difficulties of changing an established and successful pattern of behavior. The meso-level of organization is used to interpret coordination of economic activities between...

Over the course of the last 10 or 15 years there appears to be taking place a fundamental shift in the 'industrial paradigm' governing the nature of competition in advanced industrial markets. Among the characteristics of this shift are a transition from mass production to flexible manufacturing...