Word: acsr
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...resolutions supported by the Advisory Committee on Shareholder Responsibility (ACSR) included setting up a review committee to forbid Caterpillar Tractor from selling its products to South African military police--a resolution ACSR turned down last year. The Corporation Committee on Shareholder Responsibility (CCSR), which lets ACSR do its research for it, abstained on the resolution because it said the situation in South Africa had not changed enough in the past year to warrant a new policy...
Protests against the University's South African investments policy revived from winter dormancy last week after the Corporation Committee on Shareholder Resolutions (CCSR) recently abstained on two resolutions supported by the Advisory Committee on Shareholder Responsibility (ACSR...
...letter also observed that the ACSR had rejected the same resolution on Caterpillar Tractor last year, and until the CCSR had further information on their changed position, the CCSR would register a no comment...
...ACSR member Jorge I. Dominguez, professor of Government, praised the Corporation's efforts to air publicly its reasonings on the resolutions...
Vagts, who was one of the ACSR who recommended abstention on the ARCO resolution, said he does not think "corporations have the skills, the knowledge, or the mandate to conduct foreign policy." He cited an earlier ACSR voted against a proposal to ban IBM's trade with communist countries as an instance when the committee decided against asking a corporation to participate in international politics