Word: divestments
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Dates: during 2000-2009
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Coca-Cola wants to maintain its reputation with young people and keep them customers for life. University-wide contracts are crucial to this loyalty. A boycott that successfully forced a university’s administration to terminate its contracts and divest in Coca-Cola (which has happened at colleges such as Smith in Amherst, Massachusetts) is a real way for students to do something about the company’s business practices...
...Corporation promised to divest but didn’t do it, so they lied...
Because Harvard owns the PetroChina and Sinopec shares through index funds, the University can only divest from the companies by selling off its entire stake in each of the two iShares entities...
...Ivies have made some move to divest from Sudan-related stocks following Harvard’s 2005 announcement that it would sever ties to PetroChina...
...Harvard Darfur Action Group, Rebecca Hamilton, said yesterday that she is “hopeful that the Corporation will move quickly to ensure the University’s good reputation on this issue is not called into question by indirect investments in companies it has already decided to divest from directly...