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"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.