He taught in the evolution of global business. Globalization and corporate fraud are central themes in this case on the international growth of Swedish Match in the interwar period. Between 1913 and 1932, Ivar Kreuger, known as "the King of Sweden Match" built a small family business to match $ 600 million global empire match. Despite the economic and political disturbances of the interwar period, Swedish Match owned manufacturing operations in 36 countries, had monopolies in 16 countries, and controlled 40% of world production of the match. Kruger companies donated more than $ 300 million dollars to the governments of Europe, Latin America and Asia in exchange for national monopolies match. Building on the international capital markets to finance acquisitions and monopoly deals, in 1929 stocks and bonds of companies Krueger were the most common securities in the United States and around the world. After 1932 suicide Kruger, forensic auditors found that Kruger acted giant pyramids. His accounts were traveling with intangible assets, though hidden in a maze of more than 400 subsidiaries. Swedish Match deficit exceeds government debt Sweden. "Hide
by Jeffrey J. Jones, Ingrid Vargas Source: Harvard Business School 21 pages. Publication Date: November 4, 2003. Prod. #: 804078-PDF-ENG
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