Word: acsr
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Harvard will not issue a statement or initiate shareholder resolutions on its nuclear-related investments, President Bok said yesterday. Instead, Bok said, the Corporation's Advisory Committee on Shareholder Responsibility (ACSR) would review the resolutions of other shareholders if they arise in the upcoming proxy season...
...Corporation will probably not ask the ACSR to review the safety of nuclear power and the morality of nuclear-related investments because such a review would demand an inordinate amount of time, Bok said...
...Harvard probably won't be able to dodge a stand on the nuclear question forever. Lawrence F. Stevens '65, secretary of the Advisory Committee on Shareholder Responsibility (ACSR), will face quite a few shareholder resolutions this spring from investors alarmed by the mishap at Three Mile Island...
...letter is in response to the Undergraduate Committee on Harvard Shareholder Responsibility's (UCHSR) request last spring that the President ensure that ACSR members be democratically selected, respresentative of all areas of the University and rotated on a fixed schedule. President Bok rejected the first two proposed reforms...
UCHSR also demanded last spring that the ACSR open its meeting to the public and publish an agenda prior to each meeting. It also decided not to send an undergraduate representative to the committee until the reforms are implemented...