Already this year, the fees in the stock exchange's large companies increased by around nine percent, according to previous statistics, significantly higher than in previous years. But it is not enough.
When we look at and compare the board fees in Swedish listed companies, we see that there is a fairly decent gap, says Investor CEO Christian Cederholm in connection with the presentation of the quarterly report.
Risks competition
He is comparing mainly with European companies. The USA is yet another good bit higher.
With such a gap over time, we risk eroding competitiveness when we are to recruit the very best from both Sweden and from abroad.
How much more should they increase?
It is something that each company must consider based on its conditions and competitive situation, says Cederholm.
Does it also apply to CEO salaries?
In this case, we have looked at the board fees, when it comes to CEO salaries, they are always compared in each company.
Breaks streak
The investment company's net asset value amounted to SEK 1,028 billion on the last day of September, or SEK 336 per share. During the quarter, the net asset value, the company's net wealth, has increased by 7 percent or up from SEK 314 per share at the end of June.
The total return on the Investor share was until the last day of September this year 2 percent, worse than the Stockholm stock exchange's 6 percent (return index). Thus, Investor risks breaking a streak of having beaten the stock exchange 14 years in a row.
Investor is a major shareholder in, among others, ABB, Atlas Copco, Saab, Ericsson, Electrolux, and SEB.