Word: acsr
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support apartheid, but added that he expects the Corporation to accept the ACSR's view in "a year...
Three weeks ago the Corporation voted to abstain on an ACSR-recommended shareholder resolution requiring the Caterpillar Tractor Corporation to review its South Africa operations...
...ACSR had rejected exactly the same resolution last year, Vagts said, and the Corporation noted this discrepancy in its decision. But Vagts added, "We're determined to escalate the pressures on South Africa...
Michael L. Waldman '82, a member of the ACSR, said yesterday he was "disappointed" with the Caterpillar abstention, adding that the Corporation "should definitely go farther in being an activist shareholder...
...resolutions ACSR will consider in April call for the Standard Oil Company of Indiana and the Philip Morris Industrial Paper group to disclose information on its hirings of minorities to the entire body of stockholders and to the general public...