Word: acsr
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...ACSR--The Advisory Committee on Shareholder Responsibility is a 12-member group of students, faculty and alumni, created in 1972 to advise the University on the ethical responsibilities of investing. It has no absolute control over Harvard investments, but it does make recommendations to the Corporation...
CCSR--The Corporation Committee on Shareholder Responsibility is a group made up of Treasurer D. Ronald Daniel, and Corporation members Charles P. Slichter '45 and Robert G. Stone, Jr. '45. It considers the recommendations of the ACSR and then sets the Corporation policy on the social and ethical issues involving most Harvard stock...
...South Africa is consistently one of the top ones," said Patrick, one of only four returning ACSR members. "Some time ago the resolutions all asked for withdrawal from South Africa. Now that many corporations which Harvard was involved in have already withdrawn, they have crossed that line and now it is getting out and cutting all ties...
...committee member Karim Lalji said there is a conflict in the ACSR as to how Harvard should respond to the changes in South Africa...
Although South Africa has been the major issue confronting the CCSR and ACSR sincethe conception of the two bodies, Patrick said theresolutions submitted change with the majorconcerns of the times. This year, for the firsttime, the ACSR will be facing several resolutionsdealing with environmental interests...