Friday, March 27, 2009

Sustainability – What it really means for an ESOP company

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...

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Posted by ESOP at 11:47:46 AM in Members (27) | Comments (0)

Tuesday, March 24, 2009

Too Much Us Versus Them Going On

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...

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Posted by ESOP at 12:02:36 PM in ESOP Message (39) | Comments (0)

Wednesday, March 11, 2009

Shared Capitalism Through Employee Ownership Award

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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Posted by ESOP at 1:08:28 PM in Foundation (24) | Comments (0)

Thursday, March 05, 2009

Wall Street Journal Story, Page 1 of Style & Homes Section, Blasts Company Stock

Before we get started, this is the link to the story if you would like to read it–   The Wall Street Journal March 5, 2009 Despite Risks, Workers Guzzle Company Stock Participants in 401(k) Plans See Safety in Employer Shares; No Other Options for a Match http://online.wsj.com/article/SB123621372710035183.html#articleTabs%3Darticle   First and foremost, the story is basically a huge diatribe against company stock but they are only looking at public companies in this...

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Posted by ESOP at 12:29:46 PM in News Link (17) | Comments (0)

Wednesday, March 04, 2009

‘World’s First’ Professorship in Employee Ownership Endowed at Rutgers

It has always been a dream of the employee ownership community to have an employee ownership endowed chair at a university. Thanks to Dr. J. Robert Beyster and the Foundation for Enterprise Development (FED) one has been established at Rutgers University. See the press release below for more information.   ‘World’s First’ Professorship in Employee Ownership Endowed at Rutgers   March 03, 2009   NEW BRUNSWICK, N.J. – The Foundation for Enterprise...

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Posted by ESOP at 10:29:09 AM in Foundation (24) | Comments (0)