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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
18-5 Asset Auctions in Sweden In Sweden, firms that fail to meet their debt obligations are immediately auctioned off to the highest bidder. (There is no reorganization through Chapter 11 bankruptcy.) The current managers are often the high bidders for the company. Why? Group Problem G18-1 Using Auctions in Your Business Identify something you buy or sell that could be bought or sold using an auction. How would you run the auction? Do a benefit–cost analysis of the auction relative to how you currently buy or sell.
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