Word: liebman
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...That's the issue that will be the big issue over the next couple of years," says Professor of Law Lance M. Liebman, who heads the Advisory Committee on Shareholder Responsibility (ACSR...
Within the ACSR, Liebman says there are twofactions. "One side views all relationships withSouth Africa as bad," he says, while the othersees the apartheid nation as an "evolvingcountry...
...attention is shifting from divestment to'cut all ties' resolutions...because some[divested companies] still have a regularrelationship," says Liebman...
These resolutions, however, have polarized theACSR, a group that many characterize as an alreadydivided body. "Those questions have divided thecommittee down the middle," Liebman says...
...Liebman, though, identifies himself with thegroup urging selective divestment. "All contactwith South Africa is not evil," Liebman says,because Harvard, as a stockholder, can try toinfluence companies from within...