Word: acsr
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...affiliated with to do harm,” said Ronc. “By increasing investments with Sinopec, the University is giving students a big slap in face.” Summers told The Crimson last April that Harvard’s CCSR and Advisory Committee on Shareholder Responsibility (ACSR) would consider divestment from other companies financially tied to the Sudanese government “in light of the criteria established in the CCSR’s statement.” The ACSR is a 12-person panel of students, faculty, and alumni that makes recommendations to the Harvard Corporation...
...voting docket, according to an annual report released today. Harvard’s two-member Corporation Committee on Shareholder Responsibility (CCSR) reviewed 126 proxy proposals, voting on 96 while abstaining on the other 30. After reviewing the proxy proposals, a 12-member Advisory Committee on Shareholder Responsibility (ACSR)—which is composed of students, faculty, and alumni—decides which proxies it will take a stance on. The ACSR then gives the CCSR non-binding recommendations on how to vote. The proxy proposals, a selection of which the ACSR considers, are themselves originally proposed by other shareholders...
...ambiguous relationship between the ACSR and the CCSR, resulting from the CCSR’s veto power, continued throughout the 1980s and through to today...
According to The Crimson, the ACSR recommended complete divestment in 1984, but the Corporation decided against following the recommendation...
This April, following the recommendation of the ACSR, the CCSR decided to divest from PetroChina, an oil company with ties to the Sudanese government...