Word: divested
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Last spring, the ACSR tied on a recommendation advising the Corporation to divest itself from stock in all South African related companies. This vote was the first time in the committee's 11-year history that such a recommendation had ever been considered...
...white South Africans gave strikingly different answers to the question "Should Harvard Divest?" before close to 30 members of the Harvard community last night...
While Carstens urged Harvard to divest, Conway recommended that the University create a scholarly center on South Africa as well as offer more scholarships to South Africans of all colors. Harvard should also establish its own investment guidelines rather than simply using the classifications of the Sullivan Principles, Conway added...
Watt's resignation Sunday is not likely to change the Reagan Administration's policies--"unproductive" parkland will continue to be sold for strip mines and leased for oil drilling, and the government will continue to divest itself of the country's remaining wilderness areas. No, the Administration will probably stay committed to the despoiling of the continent's coral reefs, forests, and wildlife sanctuaries...
...Sullivan Principles as the bare minimum requirement for investing in a company, and that it sell its stock in any company that fails to meet these minimum standards. This term's actions culminated with the unprecedented six to six vote on a recommendation asking the Corporation to divest from all companies doing business in South Africa, whether or not they subscribe to the Sullivan Principles...