"Owners who are in the area have a stronger commitment" - Mattias Nordqvist
The announcement of Flexator's closure has shaken many.
Research shows that companies that get new owners that are not in the local environment think less long-term and more often close their operations.
"Owners who are located in the place where the company is located have a stronger commitment, a stronger connection to the local and regional", says Mattias Nordqvist, Professor of Business Administration.
Post in Swedish.