Corporate restructuring: Reconfiguring the firm

Abstract

Corporate restructuring is an area of great interest to researchers in corporate strategy, finance and organizational studies. In this chapter, we briefly review prior research on corporate restructuring, and then introduce the articles in the special issue. In the papers in the issue there are indications that restructuring can be performance-enhancing for the firm, but it can also have significant unintended consequences. The papers in this issue apply a broad range of research methods and theoretical perspectives to corporate restructuring, its initiating forces, and its consequences.