Universiteit Leiden

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Business Studies


The research of the Business Administration department focuses on 'Turnarounds and Insolvency Law ", aimed at restructuring and insolvency.

Apart from providing business studies education the Department of Business Studies is also active on the area of (PhD-) research. The main emphasis lies with making the connection between business economical insights and various areas of law. One can think of the relationship with civil and fiscal law (financial accounting versus legislation concerning annual accounts, fiscal fraud legislation as well as corporate governance), with civil procedure law (moratorium and bankruptcy) and with criminal law (forensic accountancy, creative accounting and fraudulent statements).

The main research focus of the Department of Business Studies is companies in financial distress, bankruptcy and turnaround management in relation to aspects of law, business studies and accountancy. This focus also covers the problematic nature of companies in financial distress to be found in current day bankruptcy and turnaround management practice. Research is performed through an interdisciplinary approach which combines legal, economic, fiscal and technical aspects of the research topic in the Turnaroud Research and Insolvency team (TRI) Leiden. The two underlying research principles of the research focus on companies in financial distress, bankruptcy and turnaround management are a holistic view towards restructuring and reorganization and the need for interdisciplinarity.

It is the aim and ambition of the Department of Business Studies to develop and implement an interdisciplinary research program within Leiden Law School in relation to companies in financial distress and turnaround management by exploring the limits of the law. Cooperation with other research schools is favored in order to allow research fellows and doctoral candidates from both Leiden Law School and elsewhere to carry out cross-border and interdisciplinary research.

Insolvency Law

Within the Department of Business Studies, the chair 'Insolvency Law' is also aimed at research in the field of restructuring and insolvency, but more from a legal perspective.

Turnaround Management

The chair 'Turnaround Management' is focused on research regarding reorganization and insolvency.

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