On the Internationalization of Corporate Boards: The Case of Nordic Firms

Reprint No. 2013:16

Author(s): Lars Oxelheim, Aleksandra Gregorič, Trond Randøy and Steen ThomsenYear: 2013 Title: Journal of International Business Studies Volume (No.): 44 (3) Pages: 173–194
Online article (restrictions may apply)
Preliminary version

This study investigates the internationalization of corporate boards, using a sample of 346 non-financial listed Nordic firms during 2001–2008. Given a high level of international activity, these firms have surprisingly few foreign directors. The picture of international expertise changes considerably, however, if we also count the international experience of national directors. The percentage of foreign directors is related primarily to financial internationalization rather than foreign sales, and thus presumably to the monitoring rather than advisory functions. The international experience of the nationals covaries with foreign sales, and increases with the share of foreign directors. Thus both sources of international expertise should be considered when analyzing board internationalization.

Oxelheim, Lars, Aleksandra Gregorič, Trond Randøy and Steen Thomsen (2013), "On the Internationalization of Corporate Boards: The Case of Nordic Firms". Journal of International Business Studies 44(3), 173–194.

Lars Oxelheim


Ph: +46 8 665 4527
Mob: +46 70 861 9361

Sick of Inequality?

An Introduction to the Relationship between Inequality and Health

Sick of Inequality.jpg

In this book Andreas Bergh, Therese Nilsson, IFN and Lund University, and Daniel Waldenström, IFN and Paris School of Economics, France, review the latest research on the relationship between inequality and health. What does inequality mean for our health? Does increasing income inequality affect outcomes such as obesity, life expectancy and subjective well-being?


Seminars organized by IFN


To present ongoing research informal brown-bag seminars are held on Mondays at 11:30 am. This is an opportunity for IFN researchers to test ideas and results.

Academically oriented seminars are most of the time held on Wednesdays at 10 am. At these events researchers from IFN and other institutions present their research.

In addition, IFN organizes seminars open to the public. Topics for these are derived from the IFN research.

Research Institute of Industrial Economics, Grevgatan 34 - 2 fl, Box 55665, SE-102 15 Stockholm, Sweden | Phone: +46-(0)8-665 45 00 | info@ifn.se