Word: ccsr
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...response to protests over Harvard’s investments in Gulf Oil and involvement in Angola in 1972, Harvard established the Advisory Committee on Shareholder Responsibility (ASCR) and the Harvard Corporation Committee on Shareholder Responsibility (CCSR) to make proxy decisions for the University on shareholder responsibility...
...CCSR and ACSR members are each assigned several resolutions to research and present at the meetings, before the committee debates whether to support a resolution...
According to statistics published in the report, the ACSR and the CCSR were in agreement on 55 percent of the proposals. The majority of the remaining situations involved one committee issuing judgement while the other abstained...
Tolchin said that, in general, he thinks members of the ACSR find the CCSR's actions and attitudes reasonable. Personally, Tolchin said, he was moderately surprised by the some of the CCSR's final decisions. "The CCSR had a reasonably progressive stance on resolutions requiring board diversity," he said...
...general, however, Tolchin said he thought the CCSR was too conservative. "I was not blown away by CCSR's stances. They were reasonable, but tended to be too cautious," he said. "They tended to abstain from the majority of potentially important progressive causes...