Word: divest
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Dates: during 1970-1979
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...there is no such thing as shareholder responsibility, and given that the University is on record as saying that it abhors apartheid, what should the University do? Divest. Why? First, because black South African leaders have asked corporations to withdraw. The University points to the silence of a few black leaders on this issue as evidence of support for corporate presence in South Africa. This overlooks the fact that South Africa has made it a capital crime publicly to demand corporate withdrawal...
...task as yet incomplete) obliges us to act on the appeals of those black and white people in South Africa who are struggling to undo the injustices with which they live every day. What Harvard and all colleges and universities in this country can do to help is to divest from those corporations which operate in South Africa. Richard Valelly '80 Third-year graduate student in Government
...steering committee of the Southern Africa Solidarity Committee (SASC) said in a statement last night that the group has "been saying all year that shareholder resolutions calling for corporate withdrawal don't work. Now the ACSR has admitted that. Will the Corporation draw the logical conclusion and divest...
Nothing he'd ever have to divest...
...they will neither make nor renew loans to the South Africa government. The corporation should follow its plan issued in the May 1978 report. If the bank does not state that it will make no more loans to the present South African government or its agencies, then Harvard must divest. I must strongly disagree with the policy of changing the requirements if not all banks follow them. This problem bears many similarities to the inadequate responses of companies to the Harvard-IRRC questionnaire. If Harvard lets the banks and companies determine its policies, then nothing will be done by Harvard...