{"title": "The owner's will | Timo Leino, Markku Pohjola, Harri Saukkomaa | Negotiator 174", "titleOriginal": "Omistajan tahto | Timo Leino Markku Pohjola Harri Saukkomaa | Neuvottelija 174", "episodeNumber": "174", "guest": "Timo Leino, Markku Pohjola, Harri Saukkomaa", "publishedAt": "2023-02-10", "duration": "50:20", "durationIso": "PT50M20S", "youtube": "https://www.youtube.com/watch?v=aN1bUAXFjIU", "fiCanonical": "https://www.neuvottelija.fi/fi/episodes/258-omistajan-tahto-timo-leino-markku-pohjola-harri-saukkomaa-ne", "originalLanguage": "fi", "format": "full", "topics": ["leadership_governance", "ownership_capital_tax"], "description": "The three authors of the book Omistajan tahto come straight from its launch to explain what ownership means in practice, from private equity to co-operatives and from trade unions to family firms. The through-line is what happens when the owner's will is left unclear: the vacuum is filled by management's own idea. Posti, VR, Fortum and Sampo serve as cases, alongside activist investors as constructive owners, and the question of who you actually own alongside.", "chapters": [{"t": "00:00", "title": "Intro", "seconds": 0}, {"t": "00:30", "title": "The authors of Omistajan tahto: Timo Leino, Markku Pohjola and Harri Saukkomaa", "seconds": 30}, {"t": "02:00", "title": "Solidium, and Finland as a capital-poor country", "seconds": 120}, {"t": "03:49", "title": "Forms of ownership: private equity, family firms, the state, co-operatives", "seconds": 229}, {"t": "04:45", "title": "The trade union movement as an owner", "seconds": 285}, {"t": "05:50", "title": "Board appointments, Elliott Management and Sampo", "seconds": 350}, {"t": "08:00", "title": "The owner's voice, the chair, executive management and other stakeholders", "seconds": 480}, {"t": "10:08", "title": "Is ESG empty talk", "seconds": 608}, {"t": "12:00", "title": "Strong chairs and chief executives on the chain of command", "seconds": 720}, {"t": "13:20", "title": "State ownership steering: Fortum and Uniper, VR, Posti", "seconds": 800}, {"t": "16:00", "title": "Disappointments between owner, board and management", "seconds": 960}, {"t": "18:30", "title": "Family firms as owners, and the power of a significant minority holding", "seconds": 1110}, {"t": "28:00", "title": "Elon Musk", "seconds": 1680}, {"t": "32:00", "title": "Stakeholders and the objectives of pension companies", "seconds": 1920}, {"t": "35:10", "title": "Takeover situations: Rovio and Playtika, Caverion, Triton and Bain", "seconds": 2110}, {"t": "42:00", "title": "Nordic state ownership steering", "seconds": 2520}, {"t": "43:00", "title": "You will own nothing and be happier than ever", "seconds": 2580}, {"t": "46:00", "title": "How communicating the owner's will has changed", "seconds": 2760}, {"t": "48:00", "title": "Outro", "seconds": 2880}], "sourceTranscriptType": "none", "subtitleMethod": "none", "provenance": "Owner page assembled from YouTube metadata, the neuvottelija.fi episode record and the publisher's own chapter marks, translated one for one; their spacing is irregular and matches the recording. No transcript is published here — the channel has no English caption track for this episode and the Finnish one is YouTube's automatic track. The episode is a book promotion recorded on the day of the launch, and the authors hold or have held board positions at companies discussed; the long-form write-up in the Neuvottelija AI editions states that.", "coreTheses": ["An unstated owner's will does not leave a vacuum — management's own intention fills it, which is the book's central claim.", "Private equity is a comparatively straightforward owner precisely because its will is explicit and time-bound.", "Activist investors can function as constructive owners, which is the episode's least conventional position.", "Three authors promoting their own book, with several of them sitting on the boards discussed."], "slug": "ep174-omistajan-tahto-leino-pohjola-saukkomaa", "guestsCanonical": ["Timo Leino", "Markku Pohjola", "Harri Saukkomaa"], "guestPages": ["https://www.neuvottelija.com/podcast/guests/timo-leino/", "https://www.neuvottelija.com/podcast/guests/markku-pohjola/", "https://www.neuvottelija.com/podcast/guests/harri-saukkomaa/"], "page": "https://www.neuvottelija.com/podcast/episodes/ep174-omistajan-tahto-leino-pohjola-saukkomaa/", "markdown": "https://www.neuvottelija.com/podcast/episodes/ep174-omistajan-tahto-leino-pohjola-saukkomaa/index.md", "captions": null, "transcript": null, "videoId": "aN1bUAXFjIU", "dbId": null, "qaCoveragePct": 0.0, "qaSemanticVerdict": "metadata_only", "aiArticleEn": "https://www.neuvottelija.com/ai/ep174-omistajan-tahto-leino-pohjola-saukkomaa/", "aiArticleFi": "https://www.neuvottelija.fi/economy/ep174-omistajan-tahto-leino-pohjola-saukkomaa/"}