Foundation Ownership at IKEA

20 Pages Posted: 12 Sep 2018

See all articles by Steen Thomsen

Steen Thomsen

Copenhagen Business School; European Corporate Governance Institute (ECGI)

Date Written: August 27, 2018


This case study examines the governance role played by the Interogo Foundation as the owner of the Inter IKEA Group (the owner and franchisor of the Ikea concept) and its other subsidiaries. The IKEA businesses are the largest home furnishing operation in the world. In total, the various companies have around 200.000 employees and annual revenues exceeding €38.3 billion. The IKEA businesses have exhibited impressive self-financed growth since their inception in 1943. During the 1980s, the original IKEA business was divided into three independent holding companies owned respectively by two independent foundations and the third part owned by the founding Kamprad Family. In addition, the IKEA franchise businesses also include a number of other franchisees owned by listed companies or private owners.

Keywords: Foundation Ownership, Governance, Values

JEL Classification: G30, L21, L30

Suggested Citation

Thomsen, Steen, Foundation Ownership at IKEA (August 27, 2018). Available at SSRN: or

Steen Thomsen (Contact Author)

Copenhagen Business School ( email )

Porcelaenshaven 24A
Copenhagen, 2000
+45 38152590 (Phone)
+45 38152500 (Fax)

European Corporate Governance Institute (ECGI) ( email )

c/o the Royal Academies of Belgium
Rue Ducale 1 Hertogsstraat
1000 Brussels

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