Word: divested
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...highly reasoned argument against the divestiture of Harvard's investments in companies doing business in South Africa. His critics charge that he allows himself to get overwhelmed by detail and procedure, and that he has been afraid to directly address moral issues--for instance, by his steadfast refusal to divest from companies operating in South Africa...
...best example of this is probably his steadfast refusal to divest, a position which infuriates opponents but which he arrived at after long and careful deliberation...
...Harvard Law Review has decided to divest of approximately $113,000 in investments in American companies that do business in South Africa, in protest of that country's apartheid policy of racial separation...
...that the South African government release 21 people arrested for violating a state security law; that the Reagan Administration abort its policy of "constructive engagement"--behind-the-scenes diplomacy--instead of public ostracism to pressure the white minority government in South Africa to implement reform, and that organizations divest themselves of stock holdings in companies that do business in South Africa...
Last spring, for the first time ever, a plurality of the ACSR--which is made up of four students, four faculty and four alumni voted to call on Harvard to divest its stock in companies which to business in South Africa. However President Bok and the four members of the governing Corporation's Committee on Sharcholder Responsibility prepared reports this fall attacking divestiture and defending Harvard's position of "constructive engagement." According to that theory, the best way to fight against the racist apartheid system is through pushing American companies--through proxies and "intensive dialogue"--to improve opportunities for Blacks...