The Erasmus Research Institute of Management (ERIM) is a research school of the Erasmus University Rotterdam (EUR), ranked as a “Top 3” research school in Europe, the 17th best business school worldwide by Businessweek and ranked 28th worldwide in research by Financial Times. The Erasmus Management Lecture presents distinguished scholars, chosen in recognition of their contributions and impact to their respective research fields, to an audience of doctoral students, faculty and industry representatives.

How can corporate restructuring create value for firms and their stakeholders? Applying a strategic perspective, Donald Bergh, Louis D. Beaumont Professor of Business Administration and Professor of Management at the Daniels College of Business, University of Denver presented common motivations for restructuring actions, the implementation process through which they occur, their associations with firm performance, and relationships with integrating corporate and business strategies. A panel of invited academics offered their insights into the pragmatics of managing restructuring and sparked lecture participants to challenge four propositions put forth in the lecture, “Value Creation in Restructuring: A Strategic Perspective.”