Word: divested
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...Harvard Corporation engages in "intensive dialogue" with companies and will divest only if they refuse to adopt the Sullivan Principles, if persistent efforts to persuade them to adopt the principles fail, and if there is no hope for improvement in work place conditions...
...Radcliffe guidelines also require the College to divest from companies which fail to meet the new investment requirements, generally one year after Radcliffe first questions the companies about their treatment of South African Blacks, said Elizabeth Heffernan, chair of the Advisory Committee on Investor Responsibility...
Since 1969 the Corporation has been visible only on scarce issues of concern to the University community: academic-industrial relations and the question of whether Harvard should divest its holdings from companies doing business in South Africa. Both issues have received a great deal of attention, but Corporation members say they were not the most difficult of the last decade. Instead they point to something very routine and very much a part of their everyday agenda: how to manage the University's budgets and endowment during the recession of the middle 1970s...
...issue on which the Corporation has been most visible during Bok's tenure as president has been shareholder responsibility. It first surfaced in 1972 when a group of Black students occupied Mass Hall, demanding that Harvard divest from companies doing business in Angola. The University refused and has also resisted persistent pressure to divest from firms with operations in South Africa. Except perhaps for the Mass Hall takeover, which ended peacefully after a week, there has never been a crisis and the Corporation has been able to study the issue in excruciating detail. Treasurer George Putnam Jr. '49 went...
Later, attention turned to racism on a different front University holdings it, firms that do business in the apartheid state of South Africa. Students began to rally around calls for the University to divest from such companies. Beginning in the early 1970s, protests-welled in 1978 and 1979. A candelight march for divestiture in 1978 drew more than...