Word: acsr
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President Bok's establishment of the Advisory Committee on Shareholder Responsibility (ACSR) this Fall brought a potentially explosive issue under the Harvard umbrella. Last Spring, a group of black undergraduates, frustrated by Harvard's refusal to divest its portfolio of Gulf Oil stock, took over Harvard's "Wall Street"--Massachusetts Hall--in protest...
...urge the full ACSR and the Corporation subcommittee on shareholder responsibility to follow the undergraduates' lead on the Namibian question in particular and in opposing racism and imperialism in general...
...committee's decision involves just two votes on the 15 member ACSR, but discussion in that group has tended in the same direction, John J. Hogan '73, one of the two undergraduate representatives, said Thursday...
...committee--a group of elected undergraduates who advise the full ACSR and make binding recommendations to its undergraduate members--voted overwhelmingly in favor of resolutions to end the companies' operations in Namibia, which South Africa rules in defiance of the United Nations...
...final decision will come from the four-man Corporation sub-committee on shareholder responsibility which President Bok established along with the ACSR in October...