Palo Alto, CA (PRWEB) April 24, 2012
Douglas Y. Park, Principal of DYP Advisors and a corporate governance authority in Palo Alto, California, has been named to the Program Evaluation Committee of the BlackRock and National Association of Corporate Directors (NACD) challenge on innovation in corporate governance and responsible investment.
BlackRock and NACD invite undergraduate and graduate students, PhD researchers and university faculty to participate in a global challenge to apply the latest in academic theory to develop innovative corporate governance practices. The contest encourages thought leadership and facilitates the development of the next generation of corporate leaders.
Papers should promote the practical application of academic research and theory regarding the relationship between shareholders and boards of directors on issues facing these constituencies. Leading practitioners and academics will choose the winners based on how effectively the ideas can be implemented to enhance corporate governance and responsible investment business practices.
Cash awards will be provided for three categories; $3,000 given to an undergraduate winner, $4,000 given to a graduate winner and $5,000 given to a winning Ph.D. or faculty submission. In addition to cash awards, winners will be recognized at NACD’s 2013 Spring Forum where they will have an opportunity to present their winning ideas to corporate directors and other business leaders. BlackRock and the NACD will commit to implement the winning ideas into practice.
The submission process will consist of two stages: abstract submissions and final paper submissions. Abstracts are due by June 1, 2012 to corporategovernance(at)blackrock(dot)com. Those selected to submit a full paper will be notified by July 1, 2012, and final paper submissions are due by September 30, 2012.
“The call for papers gives students and faculty a rare opportunity to directly reach corporate leaders in developing innovative business practices and shaping the future of corporate governance,” said Myron T. Steele, Chief Justice of the Delaware Supreme Court, who is chairing the evaluation committee.
Mr. Park explained his involvement on the evaluation committee: “I am honored to serve with esteemed colleagues who care about improving corporate governance. I have a deep interest in helping companies and investors use corporate governance to create value through competitive strategy, to establish more effective risk oversight, and to achieve better performance over time.”
BlackRock is one of the world’s largest independent investment managers, with over $3.5 trillion of assets under management. The firm has a team of over twenty professionals dedicated to corporate governance and responsible investing issues.
NACD, with over 11,000 members, is the preeminent organization for company directors in the United States. NACD’s mission is to advance exemplary leadership by members of boards of directors.
Additional details are contained in the attached call for papers. Questions regarding the contest may be directed to corporategovernance(at)blackrock(dot)com.
About DYP Advisors:
Douglas Y. Park, Principal of DYP Advisors located in Palo Alto, California, has nearly twenty years of experience helping companies, board members, and investors achieve their strategic goals. He specializes in solving problems in corporate governance, corporate and securities law, and strategy. Mr. Park has been quoted in Time.com, Corporate Secretary, Agenda, a Financial Times service for corporate directors, Reuters, and other leading publications. Prior to becoming an attorney, Mr. Park taught at the School of Business and Management, Hong Kong University of Science and Technology in strategy, entrepreneurship, and organizational behavior. He received an AB magna cum laude with highest honors in Sociology from Harvard College, a PhD in Strategy and Organization from Stanford Graduate School of Business, and a JD from University of Michigan Law School. For more information, please visit http://www.dypadvisors.com.