Word: ccsr
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...annual report on Harvard's investments, the Corporation Committee on Shareholder Responsibility (CCSR) this week formally announced two divestments of stock in South Africa-related companies which did not meet the University's standards for companies with operations in that country...
...CCSR, a subcommittee of the seven-man Corporation, Harvard's top governing body, also announced in Thursday's report...
President Derek C. Bok previewed the CCSR's announcement of the two divestments last week in an open letter to the Harvard community...
...CCSR's report, its most comprehensive detailing of the University's investment responsibility efforts in recent years, comes during a period of increasing racial unrest in South Africa. In the most active protest issue on campus since the Vietnam War, students at Harvard have demanded for 15 years that the University sever its economic ties with companies operating in the apartheid state. Harvard owns $406 million in South Africa-linked stock...
Divinity School students yesterday presented a petition with 184 signatures to President Bok and the Committee on Shareholder Responsibility (CCSR) calling for Harvard to divest of its holdings from companies doing business in South Africa...