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institution1908–1932

Kreuger & Toll

Disciplines:
finance
engineering/construction
business/holding company

Summary

Swedish construction and holding company founded by Ivar Kreuger and Paul Toll — which became the financial vehicle for Kreuger's match empire — and which collapsed in 1932 with the revelation of the fraud.

Core Contribution

Served as the financial holding structure for Kreuger's global empire — the complexity of Kreuger & Toll's subsidiary structure being the primary tool for concealing the fraud from auditors and investors.

Historical Influences

Ivar Kreuger

Intellectual Lineage

Ivar Kreuger VisionStockholm FinanceSwedish Construction Industry

Contemporaries & Peers

Swedish Match

Minds Influenced

Financial holding company structure

Intellectual Posterity

Kreuger & Toll Collapsed 1932

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Kreuger & Toll

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