Word: impactful
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Dates: during 1980-1989
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Emboldened by their success, student activists asked for another open meeting of the ACSR this spring, at which they asked it to recommend to the Corporation to sell the stock of any companies in its portfolio with ties to South Africa. Their pleas apparently had some impact on the advisory body. For the first time even, the ACSR voted on a resolution recommending complete divestiture, and narrowly defeated it by a vote of 6 to 5, with one abstention. The abstaining member then changed his vote, bringing it to an even 6 to 6 split. The resolution did not pass...
...levels of activity on campus this spring as a result of the grants process." Pratap says, pointing to the government's distribution of more than $30,000 to dozens of groups. He adds that the council's mediocre ratings among students might stem from the lack of "direct impact" made by even the government's most outstanding accomplishments...
...Sullivan Principles may also have a small but significant impact on internal corporate debate. In discussions with managers of American firms in both the United States and South Africa. IRRC found several who said the principles gave them leverage within their own companies when arguing for more progressive labor practices. The argument that "we have to do it to get a good Sullivan rating." while by no means totally persuasive, tipped the decision making scales at times...
...Investor Responsibility Research Center (IRRC), a Washington D.C.-based think tank, studied the history and development of the debate in the U.S., examining, among other things its impact on corporate bahavior. During the course of the study, IRRC interviewed representatives of nearly every major activist group several banks, a number of companies active in the Sullivan Principles effort and many state and national officials involved in the debate. The report, entitled Two Decades of Debate: The Controversy Over U.S. Companies in South Africa, was released earlier this year. Following is a summary of its conclusions on this issue...
...core of the divestiture debate lies a fundamental question: What is the impact of U.S. corporate involvement in South Africa and what would be the effects of withdrawal...