Admission requirements
None.
Description
Every year thousands of companies find themselves in a dire situation. Some of them will eventually survive, others will unfortunately end up in bankruptcy.
What are the critical factors of success in turning a company around and what are the pitfalls? What is the role of each individual stakeholder within this process? What are theoretical foundations of turnaround management and bankruptcy law, and how does it work in practice?
These are only a few of the questions that will be addressed in the challenging course Turnaround Management & Bankruptcy Law (TMBL) which is very topical now.
Course objectives
By the end of this course students will be able to:
Demonstrate the ability to read, evaluate and interpret turnaround management theory and company-related information in order to identify and explain the nature of business failure.
Formulate a well-organized assessment of a turnaround situation.
Apply the necessary scientific principles and practical tools to help solve a complex turnaround situation.
Demonstrate the ability to identify complex financial and stakeholder issues in turnaround and bankruptcy situations.
Understand the turnaround challenges business leaders face in practice.
Practice professional behaviour.
Timetable
Check MyTimetable.
Mode of instruction
Lectures
Number of lectures: 6
Instructor: Prof. dr. J.A.A. Adriaanse
Lectures are taught in English.
Seminars ("werkgroepen")
Number of seminars: 6
includes multiple individual assignments
Instructor: Prof. dr. J.A.A. Adriaanse
Seminars are taught in English.
Note: this is a blended learning course.
Assessment method
Assignment (50%);
Participation (10%);
Final written exam (40%).
This course will result in an assignment (50%), participation (10%) and a final written exam (which counts for 40% towards the final grade). Participation in the assignment is obligatory to partake in the final written exam.
It is not possible to retake the assignment. Only the final written exam can be retaken. The grade for the assignment remains valid for the re-sit of the final written exam.
To pass the course, it is required to pass the exam with a minimum grade of 5,5. If the student does not pass within the academic year, the grade for the assignment will remain valid for 2 academic years (students themselves should inform the coordinator about possible remaining and valid grades).
Areas to be tested within the exam
All the content of the lectures is part of the examination, together with the compulsory study materials indicated on Brightspace and the course manual.
Regulation retake passed exams
In this course it is possible to retake an exam that has been passed (cf. art. 4.1.8 and further of the Course and Examination Regulations) on the condition that this course is not part of the minor. Students who have passed the exam may retake the final written assessment (test) of the course if they meet certain requirements. For more information, go to the website > ‘Law’ tab > ‘Retake a passed exam’.
Reading list
Obligatory course materials
Literature:
- Will be announced on Brightspace.
Course information guide
- Will be announced on Brightspace.
Reader
- Will be announced on Brightspace.
Registration
Registration for courses and exams takes place via MyStudymap. If you do not have access to MyStudymap (guest students), look here (under the Law-tab) for more information on the registration procedure in your situation.
Contact
Course coordinator: Prof. J.A.A. Adriaanse;
Address: KOG, Steenschuur 25, 2311 ES Leiden. Roomnumber B2.26;
Availability: Monday to Friday 09.00-17.00 h;
Phonenumber: 071- 527 7752;
E-mail: j.a.a.adriaanse@law.leidenuniv.nl.
Institution/division
Institute: Institute of Tax Law and Economics;
Department of Business Studies;
Address secretarial: KOG, Steenschuur 25, 2311 ES Leiden. Roomnumber B2.26;
Opening hours: Every workday (except for Wednesday) 9.00 - 17.00 h;
Telephone secretarial office: 071 527 7851;