Word: acsr
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...concordance with the recommendations of the Advisory Committee on Shareholder Responsibility (ACSR)—the panel of students, faculty, and alums that had been assigned the task of researching these issues—the CCSR report “concluded that no change in the University’s divestment policy with respect to indirect investment is called...
...ACSR stressed that ‘the University, as an academic rather than a political institution, must take great care to avoid leveraging its endowment or prestige in ways that could embroil the institution in political and social controversies not directly related to its academic pursuits,” the report read, “and thus compromise the core values and independence of the academic enterprise...
...Administrators and Corporation members have changed since the Class of 1982 first arrived at Harvard; the advisory group is no longer the Advisory Committee for Shareholder Responsibility (ACSR), but the Corporation Committee on Shareholder Responsibility; and apartheid-era South Africa is gone, bringing attention instead to the genocide in the Darfur region of Sudan...
...member ACSR rejected full divestment from companies operating within South Africa, instead arguing that a “case-by-case” evaluation would allow the Corporation to see how directly a company was supporting the apartheid system...
...Discontent grew larger when the ACSR seemed to renege on its one concession from 1978—that the Corporation would not invest in any banks making loans to the South African government directly—less than a year afterwards, when news emerged that the University had maintained its investments in Manufacturers Hanover trust...