The Beyster Foundation for Enterprise Development is pleased to announce the annual award program for promising research by early career scholars 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 societal needs for employee empowerment, participative workforces, and wealth creation through broad-based equity and profit-sharing mechanisms.
Human Resource Management 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):
- Human Resource Management research of workplaces where employees/workers are also owners for the workplace, including broad-based financial participation (e.g., employee equity ownership, profit sharing, stock options, restricted stock programs, employee stock ownership plans (ESOP), Employee Stock Purchase Plans (ESPPs) 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 of various forms of financial and decision-making participation, and the individual and group behaviors that link participation to performance on firm performance (e.g., productivity, profitability, investment, and employment) and individual performance.
- The effects of various forms of financial and decision-making participation on worker outcomes (e.g., pay, job security, training, turnover, stress, satisfaction, loyalty, relations with management).
- 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.
- Policy and/or work practice implications of research in this area for emerging fields associated with the future of work, or rapidly developing or evolving industries (e.g. digital-based “gig” business).
- Up to two individual awards will be available and named as, “The Early Career Award in Employee Participation and Ownership” with sponsorship by The Beyster Foundation for Enterprise Development.
The recipient(s) of the award each receive a plaque, a $1500 award from the Beyster Foundation for Enterprise Development, and recognition at the Academy of Management’s annual meeting during the HR Division’s breakfast ceremony.
In support of the HR Division's goal of increasing member involvement and its international reach, we strongly encourage nominations that reflect the rich diversity, backgrounds, and perspectives of our membership.
- 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.
- Their institution must be a regionally accredited college or university.
- Students worldwide are welcome to apply, but all materials must be submitted in English.
- Doctoral student applicants must be enrolled full-time or working on their dissertation research for an equivalent of full-time enrollment.
- Doctoral student applicants 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 or untenured Associate Professors must submit a summary of an unpublished paper.
- Applicants must have no current existing financial relationship with the Beyster Foundation for Enterprise Development.
- 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).
- Relevance and importance, in relation to the purpose of the award
- Scholarly contribution
- Clarity of application materials
- 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 Beyster Foundation for Enterprise Development.
Nominations should adhere to the following procedures:
- 2-3 page abbreviated CV.
- 1-2 page cover letter discussing your research interests and experience, and career plans
- 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 8-10 page summary of an unpublished paper, including a brief overview of preliminary or final results . A reference should be made to the relevance of your unpublished research to the purpose of this award as outlined above.
- One letter of recommendation from a professor familiar with your research plans
Please combine all required materials (nomination letter, etc.) into a single PDF document (less than 100 MB) and use the “nominate” button to complete an official nomination for this award. The nomination deadline is February 1, 2021.