Could more effective governance structures have prevented the meltdown at Market Basket in 2014?
Could more effective governance structures have prevented the meltdown at Market Basket in 2014?
The Sanford C. Bernstein & Co. Center for Leadership and Ethics Case Series
In 2014, decades of family resentment, accusations of unsavory business practices, and epic legal battles had come to a head for Market Basket, a large privately held, family-owned grocery retailer. This case summarizes best practices in governance for family-run boards and asks students to consider how the challenges the company faced might have been avoided had a more effective governance structure been in place.
In 2014, decades of family resentment, accusations of unsavory business practices, and epic legal battles had come to a head for Market Basket, a large privately held, family-owned grocery retailer. This case summarizes best practices in governance for family-run boards and asks students to consider how the challenges the company faced might have been avoided had a more effective governance structure been in place.About the Author(s)
