Word: acsr
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...Advisory Committee on Shareholder Responsibility (ACSR) voted last night to support a resolution asking the Atlantic Richfield Company (ARCO) not to expand its investments in Chile until the Pinochet regime there restores complete civil and political rights...
...Five ACSR members voted for the proposal, while two voted against it. Four committee members recommended that the Corporation abstain on the resolution...
...another action, the ACSR decided in a nearly unanimous vote not to ask the Eastman Kodak Company to abandon its operations in South Africa. Committee members thought the company's presence might benefit both Black and white factory workers, Richard Valeely, Graduate School of Arts and Sciences representative to the ACSR, said yesterday...
...ARCO resolution resembles the pattern of shareholder resolutions meant to bring public attention to corporate activities in South Africa, Lawrence F. Stevens '65, secretary of the ACSR, said yesterday. He added, however, that he could not speculate why activist shareholders singled out South Africa and Chile as targets for their proposals when many other developing countries have poor human rights records...
Waldman said the ACSR will present a lengthy report in the fall on Harvard's policy towards South Africa. He added that "It'll be a tragedy if at that time they don't go along with our more activist position...