Anthony Mathews, Director of the Beyster Institute at the Rady School of Management, University of California, San Diego, will be teaching the fourth and fifth iterations of an MBA course on employee ownership this summer and fall. The course covers all aspects of equity compensation including employee ownership as we know it. The title of the course - Topics in Corporate Governance: Techniques of Equity Compensation. This is evidence of the growing awareness of employee ownership...
That’s what a University of Illinois visiting professor would like to do. In a press release sent out by the University of Illinois at Urbana-Champaign today, visiting professor Sean Anderson states that ESOPs are the biggest threat to retirement savings and should be banned by Congress. To read the full release, follow this link - http://www.eurekalert.org/pub_releases/2009-06/uoia-otm062209.php. This is unfathomable. The 2008 Economic Performance Survey conducted...
On Tuesday, June 15, 2009, Business News Network (BNN), Canada’s only all business specialty channel, spoke to Levi Sampson, president, Harmac Pulp Mill; Dr. Joseph Blasi, professor, School of Management and Labor Relations, Rutgers University; and Michael Keeling, president of The ESOP Association on the benefits of employee ownership. To view the video, follow this link - http://watch.bnn.ca/headline/june-2009/headline-june-15-2009/#clip183272.
At the recent Board of Directors meeting, the Association’s Board adopted a new Strategic Plan. It is being reprinted in full below. If you have any questions about the newly adopted Strategic Plan, please send an email to esop@esopassociation.org. Strategic Plan Vision We believe that employee ownership improves American competitiveness…that it increases productivity through greater employee participation in the workplace…that it strengthens our...
The ESOP Association now has a group on LinkedIn, the social networking website for professionals. Sign in at www.linkedin.com and search groups to find The ESOP Association. The Association’s company page can be viewed here - http://www.linkedin.com/companies/the-esop-association. Join the employee ownership conversation.
The Employee Ownership Foundation is proud to announce the 2009 Edmunson Scholarship Winners. Wayne Violette and Julie Giantonia of BL Companies, Inc., Meriden, CT Kathy Althoff and Cathy Jordon of CarePro Health Services, Cedar Rapids, IA Lisa St. John of CHART Rehabilitation of Hawaii, Inc., Honolulu, HI Kelly Doyle and Lindsay Grace of Hypertherm, Inc., Hanover, NH Natalya Steinke and Deborah Morelli of MMC Corp, Overland Park, KS Krys Spare and Barb McMullen of the Monroe Publishing...
On May 2, 2009, advocates of employee ownership gathered in Philadelphia at the University of Pennsylvania for the 2nd Annual Roundtable Conversation among Scholars and ESOP Leaders. The state of research on employee ownership and questions that need to be answered were hot topics this year with Rutgers professors and the pre-eminent researchers in the field, Dr. Joseph Blasi and Dr. Douglas Kruse, asking participants to let them know what sort of data is needed by the employee ownership...
On May 22, 2009, Rutgers University released the following press release on Shared Capitalism fellowships. We wanted to share the news with the employee ownership community. The press release can be found on the Rutgers University website as well - http://news.rutgers.edu/medrel/news-releases/2009/05/rutgers-awards-fello-20090522. Rutgers Awards Fellowships on Shared Capitalism School of Management and Labor Relations brings together top experts May 22, 2009 NEW...
The employee ownership community is very excited about new projects and advancements such as: the Rutgers University Employee Ownership fellowships program, the establishment of an Employee Ownership Chair at Rutgers University, and the work of the Aspen Institute’s Center for Business Education Caseplace.org project. In addition, there were no negative ESOP proposals in the Obama Administration’s budget and of late, there have been no hints at Congressional action against ESOPs. BUT,...
In June 2008, J. Michael Keeling, president of The ESOP Association and the Association’s affiliated foundation, the Employee Ownership Foundation (the sponsor of this blog), gave a presentation in Granada, Spain to members of Feansal, a Spanish European employee ownership group for Andalusia, Spain. If you would like more information on Feansal, please visit the website at http://www.feansal.es/. Note: the website is in Spanish. The presentation provides a good explanation...
AGM Container Controls located in Tucson, Arizona has been named the Small Business of the Year by the U.S. Chamber of Commerce. AGM Container Controls is a member of The ESOP Association. The company was highlighted by the Arizona Daily Star today as well - http://www.azstarnet.com/business/292662. A second ESOP company, Meier Architecture located in Kennewick, Washington also a member of the Association, was a Northwest Regional Finalist for the award. If you...
We thought the following might be of some interest to those who think of ESOPs as good public policy. A recent presentation on the New York cable show Conversations with Harold Hudson Channer featured an interview with Louis Kelso, the father of ESOPs and the philosophical policy known as Kelsonian thought. The title of the show is - "Binary Economics as a Potential Gateway to the Economic Liberation of Humanity and Thus the Whole of the Much Wider Biosphere." It...
For the first time since the economic challenges hit the world, official Washington is looking to employee ownership in a unique form at Chrysler and GM -- employees will have a stake in the company. This is good news and bad news. Good news in that it shows a psychological and philosophical acceptance of employee ownership in some form as the desired outcome under certain circumstances. Bad news in that it is not an ESOP. And, like many of the ownership schemes...
According to Technorati (www.technorati.com) a website that tracks blogs, there are over 8 million blogs out there and more are being created each day. We have a few favorites but we wanted to know what you’re reading. Let us know. Drop us a comment with a link to your favorite blogs. A few on our reading list: The Wall Street Journal’s Independent Street - http://blogs.wsj.com/independentstreet/ Community-Wealth.org - http://www.community-wealth.org/blog/index.php One-Stop...
The following release was sent out by The ESOP Association this morning. For Immediate Release: April 15, 2009 For More Information: Amy Gwiazdowski, 202/293-2971, amy@esopassociation.org The ESOP Association Announces 2009 Silver ESOP Award Winners April 15, 2009 (Washington, DC) – The ESOP Association has presented 12 corporate members of the Association with a Silver ESOP Award to recognize their work in sustaining their ESOP (employee stock ownership...
While the AACE (Annual Awards for Communications Excellence) Awards are primarily an ESOP Association program, we did want to take a minute to congratulate this year’s winners on a job well done. Category 1-A, Total Communications Program, 100 or fewer employees Winner: Nobis Engineering Inc. www.nobisengineering.com Runner Up: The Onyx Group www.onyxgroup.com Category 1-B, Total Communications Program, 101 - 500 employees Winner:...
The following comments were shared with us by T. Keith Robertson, Information Systems Manager at ComSonics, Inc., located in Harrisonburg, VA. Mr. Robertson made the following presentation about sustainability at ComSonics’s Annual Participants Meeting held in late January 2009. The Annual Meeting is open to all participants of ComSonics, even those that have left or retired but are still awaiting their distributions. We are running the information below with Mr. Robertson’s...
This President’s Page column by ESOP Association President J. Michael Keeling originally ran in the March 2009 issue of the ESOP Report, the newsletter of The ESOP Association. We are reprinting the column on the blog. As I travel north and south, east and west, there is an attitude among nearly all I speak to that can make our ugly economic situation even uglier. What am I talking about? I am talking about people saying, “It is Wall Street people’s...
The Shared Capitalism through Employee Ownership Award, a new annual award for promising dissertation research, has been officially launched. The purpose of the award is to identify innovative research in business or business-related disciplines concerned with the impact or effectiveness of shared capitalism and/or broad-based ownership strategies in combination with participative workplace practices. The recipient(s) will receive recognition at an awards ceremony hosted by the Aspen...
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