These competitive fellowships identify the most distinguished young scholars around the country and support their scholarly work. SMLR has developed the leading interdisciplinary research program in the world on issues of shared capitalism and the role of the corporation in society.
THE 2012-2013 BEYSTER FELLOWS
Michael Bikard, a J. Robert Beyster Fellow, is studying under which conditions do organizations translate —or fail to translate— scientific discoveries into new technologies using simultaneous discoveries in science to study the impact of shared capitalism on subsequent technological innovation. He is a Ph.D. candidate at the MIT Sloan School of Management in the Technological Innovation, Entrepreneurship and Strategy Program.
Danny Yagan, a J. Robert Beyster Fellow, is considering how to design retirement accounts that foster diversification and thus reduce the risk to profit sharing and employee stock ownership. He is a postdoctoral scholar at the University of California at Berkeley with a doctorate in economics from Harvard University.
William Gerken, a J. Robert Beyster Fellow, is focusing on institutional investment firms to explore what factors determine the allocation of employee ownership to specific investment managers within a firm and why the concentration of managerial ownership varies across competing firms. He is an assistant professor of finance at Auburn University through this summer of 2012 and will join the University of Kentucky as an assistant professor of finance starting August 1st, 2012. He has a PhD. in finance from Michigan State University.
Tony Fang, a J. Robert Beyster Fellow, plans to learn about firm performance, worker earnings, and firm stability from the largest longitudinal dataset on employee ownership in North America. He is a Visiting Associate Professor at the University of Pennsylvania Wharton School of Business during the 2011-2012 academic year and an Associate Professor at York University in Industrial Relations and Human Resource Management with a PhD. in industrial relations and human resource management from the University of Toronto.
THE 2011-2012 BEYSTER FELLOWS
Ilona Babenko, a J. Robert Beyster Fellow and Beyster Visiting Assistant Professor, is researching if there are corporate benefits associated with broad-based employee stock option programs and employee stock purchase plans (ESPPs). She is an assistant professor of finance at the Arizona State University Carey School of Business with a doctorate in economics from the University of California at Berkeley.
Daphne Berry, a J. Robert Beyster Fellow, is looking at quality of care, participatory decision-making, and worker ownership in the home health-aide industry. She is a PhD. candidate in management and organization studies at the University of Massachusetts at Amherst.
Jed DeVaro, a J. Robert Beyster Fellow, is exploring incentive compensation, worker participation, and the delegation of worker authority. He is the Wang Family Professor in management and economics at the California State University at East Bay College of Business and Economics. He has a doctorate in economics from Stanford University.
Yael Hochberg, a J. Robert Beyster Fellow, is researching whether stock options granted to the rank and file have an incentive effect for those workers. She is an assistant professor of finance at the Northwestern University Kellog School of Management with a doctorate in finance from Stanford University.
Laura Lindsey, a J. Robert Beyster Fellow, is researching how firms that grant options broadly to non-executive employees might contribute to firm value. She is an associate professor of finance at the Arizona State University Carey School of Business with a doctorate in economics from Stanford University.
David Madland, a J. Robert Beyster Fellow, is conducting a review of state and federal policies on broad-based employee ownership and profit sharing. He is Director of the American Worker Project at the Center for American Progress with a doctorate in government from Georgetown University.
Lily Song, a J. Robert Beyster Fellow, is examining democratic wealth generation in emerging green sectors such as worker cooperatives and other formats that may provide access to tangible gains for working-poor families and other marginalized populations. She is a doctoral candidate in urban studies and planning at MIT.