Subject category:
Human Resource Management / Organisational Behaviour
Published by:
Harvard Business Publishing
Version: 27 April 2015
Length: 32 pages
Data source: Published sources
Share a link:
https://casecent.re/p/166215
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Abstract
This is a Spanish version. The firing of Market Basket CEO Arthur T Demoulas by his cousin, Arthur S Demoulas, and directors affiliated with Arthur, set off employee protests throughout the grocery store chain. Industry specialists estimated that Market Basket was losing close to USD10 million 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 2 cousins. This case describes the complexities of corporate governance for a family-owned organization.
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Abstract
This is a Spanish version. The firing of Market Basket CEO Arthur T Demoulas by his cousin, Arthur S Demoulas, and directors affiliated with Arthur, set off employee protests throughout the grocery store chain. Industry specialists estimated that Market Basket was losing close to USD10 million 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 2 cousins. This case describes the complexities of corporate governance for a family-owned organization.