The Rutgers School of Management and Labor Relations today announced the recipients of 14 academic research fellowships to advance the study of broad-based employee stock ownership, equity compensation, gain sharing, profit sharing, and worker cooperatives. The fellows will be introduced next week in La Jolla, California during the annual Beyster Symposium, which brings together the world’s leading experts on capital shares for the middle class.
“Incomes have declined or stagnated for most middle class families since the 1970s, but research shows that workers who own a piece of their company can build significant wealth,” said Joseph Blasi, the J. Robert Beyster Distinguished Professor and director of the fellowship program. “By studying the mechanisms of capital shares, we hope to inform public policy on an issue that could help millions of American workers.”
Documentary filmmaker Mary Ann Beyster and her father, the late scientist and entrepreneur J. Robert Beyster, established the fellowship program and endowed professorship in 2008. With continued support from the Beyster family and their Foundation for Enterprise Development, as well as the Employee Ownership Foundation and other donors, the research fellowship program has grown to become one of the largest at Rutgers University. The network now includes more than 120 fellows and faculty mentors at colleges, universities, and research centers worldwide.