Word: acsr
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...three-fold increase in annual proxy resolutions--shareholder initiatives designed to force companies to revise their policies--has thus far prevented the ACSR from discussing broader issues. This spring, issues including Harvard's investments in companies involved in space weapons and nuclear waste could be discussed, said Professor of Business Administration John J. Gabarro, the head of the student-faculty-alumni committee...
...member ACSR regularly advises the seven-man governing Corporation on how to vote on proxy resolutions. But in the past the group has spent the largest portion of its time suggesting changes in Harvard's investment policy for its $3.2 billion endowment, especially the $416 million invested in South Africa-related companies...
...South Africa issue among others demonstrates that Harvard student government is a waste of time for at least three reasons. First, some members of the Undergraduate Council question the validity of divestiture just like President Bok. Others on the council who support divestiture adopt an ACSR-like approach. It takes little to see that Bok could not be happier with the council's pace of action. Even if the council and the ACSR manage to correctly dot the "i"s of pro-divestiture resolutions year after year, this has little effect on political realities. The council's lack of effective...
...formal appointment of any member of the ACSR ought to lay outside the purview of the President and Fellows," states the lengthy report the council sent to President Bok last April...
...ACSR Secretary Jane B. Sherwin, could not be reached for comment...