Imagine that your family owns and controls a fifth-generation multinational conglomerate that’s a leader in the food manufacturing industry. You’ve recently been appointed to serve on the board as a family director from your generation. Early in your tenure, Covid-19 hits and suddenly, fundamental questions that challenge the very viability of the enterprise confront a board that’s dominated by a non-family CEO and a majority of independent directors. Faced with the prospect of plant shutdowns and severe disruptions to the supply chain, management proposes an emergency plan to protect the company’s cash reserves by immediately initiating historic layoffs, a shutdown on all dividend payments to family shareholders (75 of whom depend on dividends for their livelihood), and the possibility of selling shares to the market at a deep discount, threatening the family’s control of the business.