Word: acsr
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...Harvard Corporation and its Advisory Committee on Shareholder Responsibility (ACSR) will consider changing Harvard's investment policy to allow deposits in banks that loan money to the South African government for humanitarian and medical purposes...
Putnam added that the present policy is now "under review," but that the Corporation would not alter it before consulting with ACSR, which is independently reviewing Harvard's investment policy...
Milton Katz, Stimson Professor of Law and Chairman of the ACSR, said yesterday the ACSR's independent review is proceeding without the Corporation's intervention. "We have not asked their views, and they have not offered them," Katz added...
...rule has been applied only once before, when Morgan Guaranty Trust refused to say where its loans were going. But when Lawrence F. Stevens '65, secretary to the Advisory Committee on Shareholder Responsibility (ACSR), came across news reports of the Citibank loan in late September, he says he knew he had little choice but to inovke the rule once again...
...were exactly what demonstrating students demanded in the spring of 1978, some of those activists said, after they heard of the transaction, that they were unhappy it had been done in secret. "The whole point of these things is to do them publicly," Pat Flaherty, a member of the ACSR said, explaining that public sale would focus attention on the apartheid South African regime and help persuade other banks to avoid the country...