Cash auction bankruptcy and corporate restructuring
In Sweden, firms that file for bankruptcy are all auctioned off either piecemeal or as going concerns. Upon filing, managers lose control of the firm. In contrast, in the U.S. managers retain control by selecting to renegotiate the financial claims on the firm under court-supervision (Chapter 11). T...
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Format: | Doctoral Thesis |
Language: | English |
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Handelshögskolan i Stockholm, Finansiell Ekonomi (FI)
1998
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Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:hhs:diva-662 http://nbn-resolving.de/urn:isbn:91-7258-475-0 |