Word: ccsr
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...discussion of the University's actions regarding companies working in South Africa came in the lengthy Annual Report of the Corporation Committee on Shareholder Responsibility (CCSR), a subcommittee of Harvard's seven-man governing body. The report, released yesterday, provided the first public explanation of Harvard's attempts to influence--through a process of "intensive dialogue"--its portfolio companies on the South Africa issue...
...There is a good deal more disclosure, openess and candor (in this report) than there was before," said CCSR Secretary Michael Blumenfeld. The report, "is in large part a response to the ACSR report which said 'lets see the numbers," he added...
Hugh M. Calkins '45 is the elder statesman of the Corporation; appointed in 1968, he is the senior member and the head of the board's most watched subcommittee, the Corporation Committee on Shareholder Responsibility (CCSR). During debate over the University's investments in companies which do business in South Africa over the last six years, Calkins has been the Corporation's point-man on the issue...
...believe that Harvard's existing policies should be expanded to include and implement these policies, which have already been endorsed (in the contest of votes on shareholder proxy resolutions) by both the CCSR and ACSR...
...Management Company should annually report to the CCSR and the ACSR concerning its policies and practices with respect to the acquisition and evaluation of information concerning the South African operations and policies of companies which it is considering for investment...