The 'Close Corporation' Legacy of the Demoulas/Market Basket Saga: A Case Against Type?
15 Pages Posted: 16 Apr 2016 Last revised: 14 Sep 2016
Date Written: September 12, 2016
At first blush, this latest chapter in the Market Basket saga seems contrary to conventional wisdom as to the business and legal structure within which a close corporation operates. A closer examination, however, may yield a different perspective. This article explores whether the Market Basket Saga is really a case against type and in doing so analyzes the potential close corporation legacy of this latest installment of the intra-family struggle.
Keywords: Close corporation, Market Basket, Demoulas, team production
JEL Classification: K22
Suggested Citation: Suggested Citation