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.
Case ID: 160405