Word: acsr
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What I had indicated was that both the CCSR and the Advisory Committee on Shareholder Responsibility (ACSR), as they voted shareholder proposals related to South Africa this spring, would pay close attention to these events, including, among other things, the progress of talks at Codesa (Convention for a Democratic South Africa) and Nelson Mandela's call for renewed U.S. investment in South Africa once an interim government is in place...
...Corporation has always lagged years behind its more liberal counterpart, the ACSR. In 1984, the ACSR recommended complete divestment from South Africa by a vote of six to five. But the Corporation stood its ground on selective divestment...
...Whereas in previous years the ACSR has always seemed to be more liberal than the CCSR," says ACSR member Anton N. Quist '92, "The views about the sanctions issue are turning over so rapidly that you can't say which of the two is the more liberal...
Quite conceivably, the ACSR could reverse its majority position, as there will be at least six new members this year...
...CCSR, it is unclear whether events in South Africa will compel them to close the gap witht the ACSR...