Word: acsr
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...Harvard has also made it clear that divestiture simply won't happen--ever. And so-the issue seems to have died, not just at Cabot House, but across the campus. Certainly there is bound to be some marching and chanting this spring--when the ACSR meets and the weather gets warm--and the Endowment for Divestiture will likely get another $10,000 or $15,000 this spring...
These contradictions parallel those of the Harvard administration. President Bok responded to protests last year by reissuing a statement of five years earlier. He has refused invitations to defend the University position in public. And the establishment of the Advisory Committee on Shareholder Responsibility (ACSR) in the early 1970s can only be viewed as a tool of the administration, making it appear to be initiating change. The ACSR now makes non-binding suggestions which the Corporation seldom follows...
...principal job is to advice corporations on how to vote on proxy proposals," Stewart added. Each spring, the ACSR recommends how the Corporation should vote on individual shareholder resolutions sent out by companies the University has stock...
...committee and the first alumni to participate in the program, yesterday said that "I am looking ford ward to receiving some background materials so I can make some intelligent decisions," adding that as a business woman, she will help contribute to the diversity of the people serving on the ACSR...
...other alumni members are Ernest Monard '51, and Theodore Chase '34, Chase, who has been serving on an ad hoe committee established last fall to review the ACSR's performance, refused to comment on his role in the ACSR...