Word: acsr
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Dates: during 1980-1989
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...some people around campus. Backbone or not, these stocks, like other kinds of Harvard investments before them, have aroused some degree of controversy in recent months. And in fact, the Corporation's watchdog on moral and social issues involved with the stock portfolio, the Advisory Committee on Shareholder Responsibility (ACSR), will be holding an unusual open meeting next week on this very subject...
...would be safe to say that the open meeting and the ACSR's coming evaluation of nuclear-related companies in the endowment reflect the country's growing concern over the rapid nuclear arms buildup. In the past, both the Corporation and the student-faculty-alumni ACSR voted against largely symbolic shareholder resolutions asking companies to curb their nuclear weapons work. They argued that nuclear arms policy was the province of the government, not the private sector. Last year, however, the ACSR approved several similar resolutions concerning GE, Du Pont, and AT&T, and the Corporation, not wanting to abruptly renege...
Trying to establish a coherent policy on how Harvard should vote on such resolutions is first on the ACSR's agenda this year, and it will not be easy, or, possibly, even attainable. The path to unanimity is strewn with uncertainty on this fractious 12-member body, and this path is cluttered now by the enormous complexity of the nuclear issue. This complexity dwarfs such heated topics South Africa investments...
...other new ACSR members are the Rev. F. Washington Jarvis '61, Roxbury Latin High School's headmaster; William H. Claflin '65, a Boston businessman; and Divinity School student Thomas Mackall...
Jacobson and several other new members joined current members at the first full ACSR meeting Wednesday morning. At the gathering, the committee continued to plan its October 21 open meeting for the University community on Harvard investments in companies that manufacture nuclear arms...