SSE Institute for Research (SIR)
I am affiliated researcher at the Center for Sustainability Research (CSR). For the moment I will pursue research on the forming of a market for Swedish social financing. This is done with a three-year grant from Sustainable Finance Lab, a Vinnova-sponsored researchcollaboration between KTH, Stockholm School of Economics and a number of other universities. This includes the market for social bonds, social outcome contracts, creditguarantees and other financial instruments, a market yet to be developed in Sweden.
I also work part time as senior advisor social financial infrastructure at Ramboll Management Consulting. In sum, I like combining academia and practice. I often participate in seminars and debates. My writing also spans over the whole field from commentaries, popular books, publications in scientific journals and policy reports. All can be found on my homepage www.sophienachemsonekwall.com.
My interest in sustainability and social sustainability is only a few years old, but looking back, I have probably men nourshing an interest in the topic for long. I defended my dissertation "An Institutional Analysis of Cross-border Hostile Takeovers" in December 2012. The dissertation addresses shareholder value, short-termism and regulatory arbitrage on the Swedish stock market during the sixth takeover wave. It describes the Swedish governance-system, takeover market and regulatory development and gives it an international perspective. Three longitudinal case studies are presented - dealing with Skandia, Capio and Scania. The disstertation was finances by grants from Handelsbankens forskningsstiftelse. After that i continued as a researcher, focusing on "institutional investors and long term value creating investments" with grants from Lundbergs Foundation (2016–2018), Söderbeg (2013–2016).
I gained a DHS-diploma from Stockholm School of Economics in 1986 with a major in finance. After that I has spent 20 years in financial journalism. I worked for different financial papers based in Stockholm - the weekly Affärsvärlden, the dailies Finanstidningen, Dagens Nyheter and Dagens Industri, as well as the pioneer website E24. In 1999 I acquired the CEFA-degree (Certified European Financial Analyst).
As of today I often participate in debates related to social inclusion, value creation, long-term investing an multiple ownewrship models, including cooperatives. In 2021 I published a book about the value-based sector and the civil society. I have also co-author of three other books. The first two are about ABB and Skandia, two companies that crasched around the millenium. The books are indepth studies of management strategy, corporate governance, board relations and the role of shareholders. The third book is about Skandia and the hostile bid on the company during 2005. The Skandiabook (2010) was an effort to understand transformed and transforming conditions for governance in the context of unrestricted capital movement, hedge funds and the like, and prevailing ideologies of governance. It is an indepth study of corporate governance in financial capitalism. This book was also part of my dissertation which dealt with corporate governance during a cross-border hostile takeover. Sophie is winner of Hasse Olssons Prize in financial journalism, an award she gained for her coverage of ABB in 2001. In 2008 I was awarded best Financial Journalist, Svensk Image.
In 2016 I wrote a policy report for the independent think-tank Global Challenge on issues of Long term capital formation and multiple ownership models like cooperatives. En hållbar Ägararkitektur för Sverige. In 2019 I followed up with a book on employee-ownership. Ett Sverige där anställda äger.
In 2017 I was editor for the Swedish Shareholders Association's 5th Ownership policy. A report of 120 pages.
I have also published 4 peer-reviewed articles and a number of pieces for SSE and Swedish media.