What CHRIE FutureFund™ Means to Me—Part 1
Robert Bosselman, Chair of the CHRIE FutureFund™ Committee; Professor, Iowa State University
As I transition away from my role as chair of Future Fund over the next year, I thought a few columns where I share my thoughts on Future Fund would be appropriate. First, I must thank the group of ICHRIE members who created Future Fund back in the late 1990’s. A group of long-time ICHRIE members had been discussing the need for our association to have an emergency fund as well as a source of income that would provide for member projects in the future. Initially we thought a principal sum of $500,000 would be needed to spin off a respectable level of income. After several years, we all realized that getting to $500,000 was perhaps a well-intentioned, but somewhat unrealistic goal. We soon recognized that once we got to $100,000, we could consider small expenditures without depleting our principal, and thus maintaining the long-term goal. Today your Future Fund has slightly more than $140,000, thanks to the generosity of many ICHRIE members.
One of the ways Future Fund invests in the members of ICHRIE is by supporting the Graduate Student Research Conference every January. Just this past week, several hundred graduate students and faculty gathered in Fort Worth, Texas to share their scholarship. This year’s conference, co-hosted by Texas Tech University and Iowa State University, built on the solid foundation of previous years’ conferences. Future Fund provides a complimentary Annual ICHRIE Conference registration to the winners of the Best Paper Awards at the conference. Future Fund does this because supporting graduate students is an essential component of building the future of our field. The graduate students of today are the faculty of tomorrow. Having been part of the Graduate Conference since its inception, and having mentored over a hundred graduate students myself, to me there is no greater satisfaction than seeing one of my students do well. So we congratulate the four Best Paper Winners from this year, as well as their co-authors and faculty advisors, for this excellence in scholarship.
Please join me in congratulating the Best Paper Awardees, and we look forward to seeing them in Palm Springs in July.
Sujin Song (and co-authors Sungbeen Park & Seoki Lee of Penn State; and Kyung-A Sun, Temple University) - CEO stock option pay and risk taking investments: Moderating effects of situational factors.
Heyao Yu (and co-authors Sujata Sirsat, Jay Neal, Alberto Benza, and Juan Madera of University of Houston) – Three-level longitudinal analysis on the antecedents of distributive food safety training.
Hyunghwa Oh (and co-author Jichul Jang of Kansas State University) – Service improvisation as a double-edged sword.
Eunhye Park (and co-authors Bongsug Chae and Junehee Kwon of Kansas State University) – Applying machine learning and traditional statistics to explore the topical structure of the hospitality and tourism literature.