Subject category:
Entrepreneurship
Published by:
USC-Marshall/Lloyd Greif Center for Entrepreneurial Studies
Version: January 20, 2020
Length: 11 pages
Data source: Published sources
Abstract
Danfoss is a traditional Danish family firm, deeply committed to its local community in Nordborg, Als. The company is family-owned and has had several members of the owning family on its Board. The case shows Danfoss' rise to one of the biggest heating, refrigeration, and air conditioning companies in the world. With ever greater expansion onto global markets, Danfoss experienced the challenge of creating a harmonious global portfolio, while continuing to be a Danish and socially-responsible company with local roots. The case illustrates the Variety of Capitalism debate and encourages students to reflect on the dynamics of varieties of capitalism, in Denmark and beyond.
Teaching and learning
This item is suitable for undergraduate and postgraduate courses.Time period
The events covered by this case took place in 1933-2008.Geographical setting
Region:
Europe
Country:
Denmark
Featured company
Danfoss
Employees:
10000+
Type:
Privately held
Industry:
Machinery
Featured protagonist
- Niels B Christiansen (male), CEO
About
Abstract
Danfoss is a traditional Danish family firm, deeply committed to its local community in Nordborg, Als. The company is family-owned and has had several members of the owning family on its Board. The case shows Danfoss' rise to one of the biggest heating, refrigeration, and air conditioning companies in the world. With ever greater expansion onto global markets, Danfoss experienced the challenge of creating a harmonious global portfolio, while continuing to be a Danish and socially-responsible company with local roots. The case illustrates the Variety of Capitalism debate and encourages students to reflect on the dynamics of varieties of capitalism, in Denmark and beyond.
Teaching and learning
This item is suitable for undergraduate and postgraduate courses.Settings
Time period
The events covered by this case took place in 1933-2008.Geographical setting
Region:
Europe
Country:
Denmark
Featured company
Danfoss
Employees:
10000+
Type:
Privately held
Industry:
Machinery
Featured protagonist
- Niels B Christiansen (male), CEO