Word: ccsr
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...solution to the need for ethical stances on investment questions was to create a system of two committees on shareholder responsibility. The Advisory Committee on Shareholder Responsibility (ACSR), made up of faculty, students and alums, researches cases and then reports to the Corporation Committee on Shareholder Responsibility (CCSR...
...members of the CCSR make a final decision, subject to approval by the Corporation as a whole. The Corporation is Harvard's seven-member chief governing board, responsible for overseeing and approving the University's investments, academic appointments and budgets...
...ACSR and CCSR devote their time almost exclusively to proxy decisions, questions on which all of a firm's shareholders may vote. They are usually raised by outside interest groups that own shares, such as human rights or environmentalist activist organizations...
...percent of all cases considered by both committees, the CCSR followed the ACSR's recommendation. In 20 percent of all cases, one committee abstained while the other voted for or against a proposition and in 10 percent of all cases, the ACSR vote was split...
Traditionally, the ACSR has taken a more activist stance on social issues than the CCSR, and students on the ACSR committee in the past have been very active in urging the University to use its leverage to affect change...