Foundation News: Rutgers Mid-Year Fellows Symposium Honors Louis O. Kelso

On January 13 – 15, 2013, nearly 50 leading scholars gathered in New Brunswick, NJ at Rutgers University to pursue and discuss research on shared capitalism, which includes the ESOP model of employee ownership. The purpose of the event, Mid-Year Fellows Workshop in Honor of Louis O. Kelso, is to encourage collaboration between researchers in this field and gather feedback on ongoing research.

Between 2010 – 2013, the Employee Ownership Foundation provided funding for 20 Kelso Fellowships, one of numerous fellowships in this area of study that are administered by the School and Management and Labor Relations at Rutgers University to further research in the employee ownership and shared capitalism arena. For a list of Kelso Fellows funded by the Employee Ownership Foundation for 2012 – 2013, please click here. Additional information, click here.

Over the past four years, there has been a larger focus on the theories of the originator of the ESOP model, Louis O. Kelso. At this year’s Symposium, 12 current and past Kelso Fellows discussed research on ESOPs and employee ownership including these two topics: Legal Barriers to the Growth of ESOPs by Kyle Farmbry and Senator Leland Stanford’s Legislative Support of Employee Stock Ownership by Richard Simpson. Both Farmbry and Simpson are current Kelso Fellows.

One additional highlight was a presentation by New Jersey Assemblyman and New Jersey State Legislature Deputy Speaker, Upendra J. Chivukula (D), who discussed his proposed legislation to facilitate the creation of ESOPs in New Jersey.

Long-time ESOP advocate and ESOP Association member, John Menke and his firm, Menke & Associates, have underwritten the Mid-Year Fellows Symposium each year.

For additional information about the Kelso Fellows, click here.

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