Word: acsr
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...Corporation is expected to give its response to the ACSR's proposals later this fall...
Last spring, the ACSR tied on a recommendation advising the Corporation to divest itself from stock in all South African related companies. This vote was the first time in the committee's 11-year history that such a recommendation had ever been considered...
...Advisory Committee on Shareholder Responsibility (ACSR) will convene for the first time this year later this month, joined by eight new members, two of whom will be the first women ever to serve on the committee...
Richard B. Stewart, a new appointee who will chair the committee, yesterday said that ACSR will have to take last year's recommendations and other alternatives into account before making any new recommendations about divestiture...
...Corporation's record of accepting the ACSR's recommendations on specific investment issues has only been spotty at best. It now seems possible that it may overrule the ACSR's most personal recommendation of all; that it be permitted to continue to make broad policy recommendations...