Call for Proposal

2011 IAN R. CAMPBELL RESEARCH INITIATIVE

Sponsored by
CICBV RESEARCH INSTITUTE
Supporting research in business valuation

 
Founded in 1971, the CICBV is a fast growing and vibrant not-for-profit association of Canadian business valuation professionals, recognized around the world for its high standards and best practices.  The CICBV educates and accredits financial professionals in the highly specialized discipline of business and intangible asset valuation.  With the world moving to International Financial Reporting Standards, Chartered Business Valuators are leading the way towards International Valuation Standards in this constantly evolving and dynamic financial discipline.

The Ian R. Campbell Research Initiative, named for a CBV who was instrumental in the early development and codification of best practices and theoretical underpinnings of business valuation, was started by the CICBV in 2004 to foster original and ground breaking research in business and intangible asset valuation.  Since its inception, the Initiative has annually awarded substantial amounts to academics, students and practitioners to further its research goals. 

Previously a competition involving completed research papers, in 2010 the Initiative has moved to a Request for Proposal format, wherein a leading research proposal is  eligible for compensation of up to $10,000 for completion of the selected research project. For the current competition Canadian academics, students and valuation practitioners are encouraged to submit their proposal by the deadline of January 31, 2011.   

• Description of research topic
• Explanation of how the research topic will further the CICBV’s objective above.
• A research plan outlining probable sub topics within the scope of the research.
• A listing of preliminary research sources and methodologies to be employed.
• Identification of any and all existing and potential conflicts of interest.
• Disclosure of funding from other sources for the proposed research paper.

• A Panel of CBVs selected by the CICBV (the “CICBV Panel”) will review the proposals submitted based on the criteria stated above and make its selection by March 15, 2011.
• Any topic related to Business Valuation will be considered.  Please see list of priority research topics by clicking here. Case studies or discussion papers on practical approaches will also be considered.
• The CICBV Panel may select one or more research proposals. The maximum total compensation for the 2011 Initiative is $10,000. Compensation offered for any individual research paper may be less than $10,000 depending on the numbers of awards, the topic and perceived interest of the paper to the membership. The CICBV and the successful Respondent(s) will be required to enter into an agreement for rights and responsibilities in connection with the awarded Proposal and completed research paper.
• The CICBV Panel is not obligated to award the entire $10,000 compensation under the 2011 Initiative.

• The successful Respondent(s) will issue an original draft research paper to the CICBV Panel on or before July 31, 2011. The draft report shall be 100% complete, subject to review and comments by the CICBV Panel.

• After review by the CICBV Panel and consideration of the comments by the CICBV Panel, the Respondent shall submit a final version of the research paper by September 30, 2011 for consideration by the CICBV Panel.
• A practitioner friendly Summary of the paper summarizing key findings of the research and highlighting the application, implication, and relevance to the practicing CBV professional will be required for publication by the CICBV no later than September 30, 2011.

• The CICBV shall be entitled, in its sole discretion, to publish the final version of the research paper(s) on the CICBV website, in the CICBV’s Journal of Business Valuation, or in any other CICBV publication and distribute the research paper(s) in any format including, but not limited to on-line format. No additional compensation will be paid to the author of the research paper.

• On merit, the CICBV may pay compensation of up to $10,000 to the author; the amount for each individual proposal will depend on the topic and the number of proposals accepted.
• The compensation to be paid to an awarded author will be 25% upon proposal selection and signing of the rights agreement, 50% upon submission of a draft and 25% following receipt of the final version and the summary, in accordance with the process outlined above.

• The research topic(s) must meet the stated objective of this RFP.
• The research papers must be original work without any restrictions on publication by the CICBV.
• Proposals, research papers and summaries must be submitted electronically.
• It is preferred that the research papers do not exceed 10,000 words in length, exclusive of exhibits and footnotes.
• The research paper must maintain an appropriate quality standard as assessed by the CICBV.
• Each stage of the research paper and summary must be completed within the stated deadlines.

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