Word: acsr
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...Advisory Committee on Shareholder Responsibility (ACSR) came through with few surprises and no major controversies this spring. It merely continued on its moderately liberal way on most proxy issues, guided by a consistent majority of the committee...
...President Bok in the aftermath of a Mass Hall takeover in 1972 over the University's ownership of stock in Gulf Oil--which had extensive holdings in the then-Portuguese colony of Angola--the ACSR had one opportunity this year to give a general opinion on corporate responsibility: its April response to a Securities and Exchange Commission ruling soliciting investors' opinions on amending present corporate disclosure regulations...
Members of the ACSR have said previously that the committee recommended disclosure only on issue which have been the focus of "major national legislation," such as equal employment hiring, political contributions and environmental protection...
...memo containing the proposals for reform, the ACSR stressed that rules requiring more disclosure would aid in "investor knowledge," and did not address the possibility that required disclosure of information might force corporations to change policy...
Members of the ACSR have said that the SEC is only legally able to implement disclosure reforms because of improved investor information, and that the ACSR memo emphasized this virtue of its proposed reforms...