The Nordic countries and the Benelux bloc follow distinct corporate governance models. In Sweden, Norway, Denmark, and Finland, employees have the right to board representation once a company grows beyond a certain size—though the thresholds vary by country.
Despite their small size, these economies rank among the world’s most stable and have produced global powerhouses, including Novo Nordisk, Spotify, and Ericsson. Large Dutch companies, meanwhile, legally separate management from oversight, requiring a non-executive supervisory board to hold the executive team accountable.
