The Foundation for Enterprise Development and collaborators are pleased to announce the launch of a new, annual award ($1,500 per award, up to 3 awards) for promising research by an emerging scholar in the domain of broad-based employee participation and ownership. The purpose of the award program is to identify innovative research in management or management-related disciplines that considers high-impact ideas in the context of business and society’s needs for employee empowerment, participative workforces, and wealth creation through broad-based equity and profit-sharing mechanisms, work practices, organizational structures, and innovation and entrepreneurial models. Research that has broad implications for practice and/or policy, and that addresses pressing economic and/or social problems are especially appropriate for this award.
Research topics may include (but are not limited to):
* The incidence of firms and workers with broad-based financial participation (e.g., employee equity ownership, profit sharing, stock options, employee stock ownership plans (ESOP) and other forms of equity and profit participation) and decision-making participation (autonomous work teams, flat organizations, non-managers on boards of directors, succession planning, and other employee involvement processes)
* The effects on firm performance (e.g., productivity, profitability, investment, and employment) and individual performance of various forms of financial and decision-making participation, and the individual and group behaviors that link participation to performance
* The effects on worker outcomes (e.g., pay, job security, training, turnover, stress, satisfaction, loyalty, relations with management) of various forms of financial and decision-making participation
* The creation, growth, survival, and stability of firms with financial and/or decision-making participation
* The relation of financial and decision-making participation to corporate social responsibility, corporate governance, and sustainability
* Worker-management relations and human resource practices in firms with financial and/or decision-making participation
* The implications of research in this area for practical decisions on work organization, human resource practices, investment, and other issues
In 2013, several individual awards will be available and named as “The Emerging Scholar Award in Employee Participation and Ownership” with sponsorship by one of the following organizations:
- The Foundation for Enterprise Development
- Employee Ownership Foundation
- Equity Administration, Inc.
The recipient(s) of the award each receive a plaque, $1500 award from the Foundation for Enterprise Development, and recognition at the Academy of Management’s annual meeting during the Human Resource (HR) division’s breakfast ceremony.
Deadline: Applications must be received on or before February 1, 2013
Criteria:
1. Relevance and importance, in relation to the purpose of the award
2. Scholarly contribution
3. Clarity of application materials.
Eligibility Requirements:
1. Applicants must be doctoral students in good standing with their educational institution, untenured Assistant or untenured Associate Professors or post-docs within 5 years of receiving a doctoral degree.
2. Their institution must be a regionally accredited college or university in a doctoral program in human resource management or a closely related field.
3. Applicants must be members of the HR Division of the Academy of Management.
4. Students worldwide are welcome to apply, but all materials must be submitted in English.
5. Doctoral student applicants must be enrolled full-time or working on their dissertation research for an equivalent of full-time enrollment. They must have had their dissertation proposals approved by their dissertation committee or supervisor(s) prior to application; applicants must have not yet formally defended their dissertation. Assistant professors must submit an unpublished paper.
6. Applicants must have no current existing financial relationship with the Foundation for Enterprise Development or its collaborators (EOF, EAI, as noted earlier).
7. Eligible research may be within the management disciplines, or in any management-related discipline (including, but not limited to, industrial relations or human resource management).
Post-Award Commitment:
- Award is to be distributed in a single payment. No budgetary restrictions will be placed on the use of these funds. The award recipient will be liable for any tax liabilities associated with the award.
- One year after the award, recipients will submit a one-page report summarizing the status of their research to the committee chair.
Application Instructions: The 2013 application form is here: Application for Employee Participation and Ownership.
Please merge the following items into one document and submit them via email as a single attachment:
1) Application form
2) 2-3 page abbreviated Curriculum Vitae
3) 1-2 page cover letter discussing your research interests and experience, and career plans
4) A 100 word abstract of the proposed research.
5) 8-10 page summary of proposed dissertation research, dissertation research in progress, or other proposed research. If the candidate has completed their doctorate, please submit an unpublished paper instead of the summary. A reference should be made to the relevance of your unpublished research to the purpose of this award as outlined above.
6) One letter of recommendation from a professor familiar with your research plans. [At the recommender’s discretion, this element of the application may be submitted separately from the application email, either via postal mail or email.]
Contact: All questions and application materials should be submitted, via email, to the HR Division award committee chair Murray Barric k(mbarrick@mays.tamu.edu). Please refer to “2013 Emerging Scholar Award: Employee Ownership” in the subject line of your email. Application materials should be submitted to Murray Barrick (mbarrick@mays.tamu.edu).
Filed under: Employee Ownership Foundation, Employee Ownership Message, Emerging Scholar Awards in Employee Participation and Ownership, Employee Ownership Foundation, Foundation for Enterprise Development
Each year, the Hawaii region of the federal Small Business Administration (SBA) awards the state’s best small businesses and small business advocates. On February 28, 2013, at the Hawaii Small Business Luncheon, the SBA awarded Frieda S. Takaki, CEO/President of CHART Rehabilitation of Hawaii, and Chair of the Employee Ownership Foundation, the coveted Financial Services Champion of the Year for the City and County of Honolulu. Ms. Takaki received this award for her long standing commitment and dedication to ensure that island businesses are aware of ESOPs and how employee ownership can have such a positive impact culturally and financially in employee-owned companies. This award also recognized Ms. Takaki for being the main driving force in having CHART’s ESOP loan completely paid off in 2012. Ms. Takaki credits her workers for the company’s success — and her talk isn’t cheap. All 34 employees are beneficial owners of the 100% employee-owned company and share in the company’s profits. She was quoted in the March 2013 issue of Hawaii Business Magazine, “Our staff is very committed and loyal and takes care of the company as their own.”
