Word: acsr
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Dates: during 1980-1989
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Professor of Education Noel F. McGinn, a member of the Advisory Committee on Shareholder Responsibility (ACSR), which advises the Corporation on investment ethics, charged yesterday that the University has not used its shareholder power. "If the University were actively working hard to overcome that evil [apartheid], no one would be making any complaints," he added...
...ACSR members criticized Bok's contentions that divestment would harm either the University or South Africa. "There is no evidence as to [divestment] affecting the University's financial position," McGinn said. He added that "many Blacks in South Africa have urged for U.S. companies...
Kossan added that the Corporation voted on 16 shareholder resolutions yesterday, and in three cases rejected the ACSR's recommendations...
...Corporation voted to abstain on a resolution that would prohibit Texaco from making sales to the South African military and police. The ACSR had recommended voting in favor of the resolution...
...Student ACSR member Jonathan G. Cedarbaum '83 said yesterday he was surprised by the Corporation's decision to abstain, adding that Harvard's support of direct sales to South Africa is "very extreme...