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  • February 2015 (Revised April 2015)
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The Board of Directors at Market Basket

By: Jay W. Lorsch and Emily McTague
  • Format:Print
  • | Language:English
  • | Pages:33
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Abstract

The firing of Market Basket CEO Arthur T. Demoulas by his cousin, Arthur S. Demoulas, and directors affiliated with him set off employee protests throughout the grocery store chain. Industry specialists estimated that Market Basket was losing close to ten million dollars each day in lost business and inventory due to the protests. A long history of legal battles had destroyed the relationship between the families of the two cousins. This case describes the complexities of corporate governance for a family-owned organization.

Keywords

Organizational Behavior; Shareholder Votes; Board Of Directors; Board Dynamics; Board Decisions; Boards; Grocery; Organizational Culture; Organizational Structure; Business and Shareholder Relations; Corporate Governance; Food and Beverage Industry; New England

Citation

Lorsch, Jay W., and Emily McTague. "The Board of Directors at Market Basket." Harvard Business School Case 415-044, February 2015. (Revised April 2015.)
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About The Author

Jay W. Lorsch

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Related Work

    • April 2015
    • Faculty Research

    The Board of Directors at Market Basket

    By: Jay Lorsch and Emily McTague
    • February 2015 (Revised April 2015)
    • Faculty Research

    The Board of Directors at Market Basket

    By: Jay W. Lorsch and Emily McTague
Related Work
  • The Board of Directors at Market Basket By: Jay Lorsch and Emily McTague
  • The Board of Directors at Market Basket By: Jay W. Lorsch and Emily McTague
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