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...companies' continued adherence to the Sullivan Principles can be explained in large part by their desire to defuse pressures for U.S. corporations' withdrawal from South Africa. Nevertheless, the agreement itself has some affect. Since their introduction in 1977, the principles have been amplified three times and rating criteria have also been made tougher. Many of the companies pledged to the effort have opposed both these moves, but only one company has elected to remove its name from the list of firms included in the agreement...

Author: By Wendy L. Wall, | Title: The Implications of Pulling Out | 6/9/1983 | See Source »

...briefing on Corporation policy. The discussion, as always, was extremely civil. The ACSR, through Professor Salmon, expressed its dissatisfaction with the Corporation's current policy. Hugh Calkins '45, the chairman of the CCSR, reiterated the Corporation's stance, and indicated that the Corporation wanted to avoid using ethical criteria in making investment decisions. Only after the Corporation had purchased shares in a company would it begin to take ethical issues into account...

Author: By Jonathan G. Cedarbaum, | Title: The View From the Outside... ...And the Inside | 6/9/1983 | See Source »

...shares of companies whose business is predominantly carried on in South Africa. In the case of proposed purchases of shares of companies predominantly carrying on business elsewhere we are advised by the Harvard Management Company that the quality of management of the company is one of the most important criteria which influence a purchase decision. In appraising the quality of corporate management, its sensitivity to issues of social and ethical importance, and the skill and energy with which it shapes the policies of the company to respond to those issues are among the factors taken into account," (emphasis supplied...

Author: NO WRITER ATTRIBUTED | Title: Out of Context | 6/8/1983 | See Source »

...time, Stutman regarded his letter as a routine move, but some Vermonters thought otherwise. Said White River Junction Realtor Chas Baker: "Just about anybody who walks through my doors fits at least one of the profile's criteria." An editorial in the Rutland, Vt, Herald sharply criticized the DEA request, using the headline REALTORS AS NARCS. Some residents even complained to the Vermont chapter of the American Civil Liberties Union, whose executive director, Scott Skinner, found that the DEA profile "smacks of Big Brotherism...

Author: /time Magazine | Title: High Profile | 5/30/1983 | See Source »

Last week a GAO report declared that the admiral's numbers were essentially on target. Not even the contractors seriously disputed his statistics. The GAO's only quibble was that it could not flatly call the profits "excessive" because "there are no generally accepted criteria as to what constitutes excess profits." The four in stances cited by Rickover and verified...

Author: /time Magazine | Title: On the Money | 5/23/1983 | See Source »

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