Case Study

Governance at Theranos (B): The aftermath

4 pages
May 2025
Reference: IMD-2668

This is a riveting case about poor board governance at Theranos that fostered a culture of deception and led to the company’s collapse and the criminal conviction of its celebrated founder, Elizabeth Holmes. Case B explains Theranos’s eventual collapse and highlights how the board contributed to a culture of deception within the company.

Learning Objective
  • To discuss the importance of transparency, reporting and ethical culture in corporate governance.
  • Keywords
    Business Ethics, Governance, Leadership, Board
    Settings
    America, United States of America
    Theranos, Manufacturing, Biotechnology
    2003-2022
    Type
    Published Sources
    Copyright
    © 2025
    Available Languages
    English
    Related material
    Teaching note
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