Ikea

Despite its Swedish roots, IKEA is owned and operated by a heterogeneous array of not-for-profitand for-profit corporations. The corporate structure is divided into two main parts: operationsand franchising. Most of IKEAs operations, including the management of the majority of itsstores, the design and fable of its furniture, and purchasing and supply functions areoverseen by INGKA retention, a private, for-profit Dutch partnership. Of the IKEA stores in 36countries, 235 are break out by the INGKA Holding. The remaining 30 stores are run by franchiseesoutside of the INGKA Holding. INGKA Holding is not an independent company, still is whollyowned by the Stichting Ingka ft, which Kamprad established in 1982 in theNetherlands as a tax-exempt, not-for-profit foundation. The Ingka Foundation is controlled by afive-member executive committee that is chaired by Kamprad and includes his married woman and attorney.While most IKEA stores operate under the direct purview of Ingka Holding and the IngkaFoundation, the IKEA trademark and concept is owned by an entirely assort Dutch company, repose IKEA Systems .

Every IKEA store, including those run by Ingka Holding, pays a franchisefee of 3% of the revenue to Inter IKEA Systems. The ownership of Inter IKEA Systems isexceedingly complicated and, ultimately, uncertain. Inter IKEA Systems is owned by Inter IKEAHolding, a company registered in capital of Luxembourg. Inter IKEA Holding, in turn, belongs to anidentically named company in the former Netherlands Antilles that is run by a trust companybased in Curaçao. In 2009, the company in Curaçao was liquidated. The company responsible forthis liquidation traces back to the Interogo Foundation in LiechtensteinIngvarKamprad hasconfirmed that this foundation owns Inter IKEA Holding S.A. in Luxembourg and is controlledby the Kamprad family. If you want to get a full essay, order it on our website: Orderessay

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