Word: acsr
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
After two months of student protest and heated debate, the Advisory Committee on Shareholder Responsibility (ACSR) last night unanimously voted to recommend that Harvard maintain its automatic ban on investing in banks that make loans to South Africa...
...they defy this vote---they [the Corporation members] are really going to isolate themselves," Frederick T. Smith, the law school representative to the ACSR said after the meeting. "I don't think there is much question" that the Corporation will have to maintain the present ban, he added...
...statement the ACSR approved last night said in part. "While the ACSR appreciates the ethical dilemma in which the current automatic divestiture policy could conceivably place the Corporation, the ACSR reaffirms the policy it recommended in 1978 to divest automatically the debt securities of banks which make loans to the South African government...
...seven Corporation members will gather Monday for a regular meeting, but will probably not discuss the ACSR recommendation because their agenda is set at least a week in advance, said Candace R. Corvey, secretary to the ACSR...
Although it is not certain that the ACSR will vote on the bank issue at the meeting tonight, it is important that members be reminded of student concern about lifting the blanket ban, Anderson said...