Word: acsr
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President Bok has countered these charges saying the ACSR is not primarily representative but rather serves an advisory function...
Council representatives last night said the council should maintain its ties to the ACSR because it was unreasonable to expect the the seven-man Corporation to adopt all the reforms the council spelled out last spring...
...move to maintain undergraduate membership on the Advisory Committee on Shareholder Responsibility (ACSR) came after months during which council members have said President Derek C. Bok has not done enough to curb his influence over the selection of committee members...
Last spring, the council voted to withdraw its representative to the ACSR after December 1 unless Bok acted to make the body's selection more democratic...
...ACSR became a subject of intense scrutiny two years ago when it recommended that Harvard divest of it $400 million investment in companies which do business in South Africa. When the recommendation went unheeded, many charged the University with using the ACSR to divert sentiment for divestment...