Word: acsr
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Dates: during 1980-1989
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...shareholder--held a highly successful open meeting on the proposed lifting of Harvard's ban on investing in banks that loan to South Africa More than 300 people jammed Emerson Hall to hear numerous impassioned and reasoned speeches against the change. Thanks largely to the session, both the ACSR and the Corporation rejected lifting the ban shortly thereafter...
...find it hard to believe that if seven members of the ACSR could find the time to make it to an unofficial open meeting, the full committee could not have found adequate time for an official date. It doesn't take much--just a hall, some ACSR members, some students and a topic...
...ACSR is, among its other functions, a forum through which students can let their feelings be known on topics related to the ethical management of Harvard's immense portfolio. Open meetings are the most direct and forceful way for students to do this...
...first proxy votes against the management of a company in its portfolio. Much to the dismay of Bennet, the Corporation voted to back proposals asking both GM and Ford to disclose information about their business practices. And in the fall, Bok created the Advisory Committee on Shareholder Responsibility (ACSR) and the Corporation Committee on Shareholder Responsibility (CCSR), which have guided the the University's ethical investment policy ever since...
...ACSR--originally a 15 member panel of students, faculty and alumni but later reduced to 12--was similar to committees established at other universities to examine ethical questions of shareholder responsibility. The ACSR has no actual power, it can only consider the dozens of resolutions facing the university each year and make recommendations to the CCSR which has total responsibility for casting Harvard's proxy votes...