Word: divested
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...vote for divestiture from companies that do not abide by the Sullivan Principles, a minimal code of ethics for firms doing business in South Africa. According to ACSR representative Claude Convisser '84, the vote was 12-0, not 10-2 as reported in the Gazette. Still, Harvard did not divest from companies that have not signed the cosmetic Sullivan Principles, so that even if the ACSR were to gain agreement on the more significant issue of total divestiture it is unlikely that this would work to make the Corporation divest. In fact, Bok repeated at South House recently that Harvard...
...going to divest," Bok said flatly as he neared the end of his answer and moved to field an innocuous query about how and whether Harvard should encourage religion in the College community...
Regardless of what happens, however, nobody can realistically anticipate that Harvard will divest. Bok and other administrators have made it clear that they won't. It might make students feel good to protest, and give money to a bank account which will, no doubt, sit accumulating interest for 25 years until it gets turned over to a charity, as the bylaws of the Endowment for Divestiture dictate. But nobody's kidding himself into thinking that the protests are actually being heard, because Harvard is being honest: they aren't being heard. And a movement faced with that intransigence--albeit thought...
...article "The Immorality of Divestment" (11/23/83). Robert Conway suggests that Harvard establish a South Africa center which would function, in part, as a source of information about South Africa for the Harvard community. While it is true that such a center is sorely needed, it should not be established with the intention proposed by Mr. Conway--as a "new alternative" to the "immoral" demands made by many students and faculty that Harvard divest its resources from corporations and banks that do business in South Africa Indeed, his stand against divestiture is a weak position which he supports with a concatenation...
...Conway's major objection to demands that Harvard divest stems from the claim that by doing so the University would merely "dissociate itself from the South Africa question" and "walk away from the problem" By investing, he argues, "Harvard University can play an important role in influencing change." However, moral and factual considerations prove this argument unacceptable...