Word: acsr
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Dates: during 1980-1989
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...Like the ACSR, the Radcliffe committee votes on proxy resolutions for each of the companies it invests in, Heffernan says. But unlike the ACSR, the ACIR has never yet drafted a general policy statement toward companies manufacturing nuclear weapons, or conducting business in South Africa. So far, Heffernan says the ACIR has closely followed Harvard's lead on investment policy. An observer regularly sits in on all ACSR meetings and reports back to the ACIR, she adds. Radcliffe has "endorsed the spirit" of Bok's 1978 statement opposing divestiture, and its updated version released the spring. But Heffernan says that...
...College." While stating that their task is to manage Radcliffe's affairs "in a very thoughtful and responsible way," Defriez declined to elaborate on how committee members are selected, or what issues have been discussed at recent meetings of the ACIR. Meetings of the ACIR, like those of the ACSR, are closed to the public...
...anyone who has served on the Advisory Committee on Shareholder Responsibility (ACSR) what his emotional response to the experience was and you're likely to get one answer: frustration...
...course the frustration that plagues many of the ACSR's members is partly an unavoidable result of the Committee's normal business--moral debate. Put four students, four professors and four alumni together, ask them to discuss any controversial topic and you're bound to get a considerable number of inconclusive and wearying exchanges. But the major cause of the frustration felt by many members of the ACSR lies elsewhere...
...rests at 17'Quincy Street, headquarters of the Harvard Corporation. What makes serving on the ACSR not merely frustrating but nearly futile is the Corporation's shriveled moral sensibility. The Corporation treats issues of social responsibility not as pressing concerns to be vigorously pursued but as inconveniences to be disposed of with minimal effort. Thus whatever issue the ACSR considers, it knows beforehand that only a very narrow range of possible conclusions has any hope of gaining the Corporation's attention. The rest are almost certain to be rejected out of hand...