Word: acsr
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...paying taxes to the white regime there. The demonstrators vacated the building a week later after the University threatened to file criminal charges. While President Bok refused to bow to the students demands, he did offer them one concession the creation of the Advisory Committee on Shareholder Responsibility (ACSR) a body composed of students, faculty, and alumni which would give the Corporation non binding recommendations on ethical issues it faces in managing Harvard's endowment...
...Southern Africa Solidarity Committee (SASC), founded in November of that year. SASC managed to organize a tenuous coalition of disparate minority and political groups into the United Front, and led them through a series of mass rallies and demonstrations that culminated just before reading period SASC called on the ACSR to recommend to the Corporation that it sell stocks in banks making loans to the South African government, support shareholder resolutions calling for complete corporate withdrawal, and issue a clear, public statement on its investment policies...
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...
Added Dental School ACSR representative Jack Dunlevy, "Revolution is inevitable there anyway...