Word: namibia
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...Harvard gets its way, American businesses will have to withdraw from Namibia...
...Corporation's decision this week to vote its $2 million in Phillips Petroleum stock for a resolution to get the company out of Namibia may be important chiefly because it is the first time Harvard has ever opposed a company's management's wishes on a substantive proxy fight...
Bennett said American companies in southern Africa are "exemplary" in their treatment of black workers, and that American Oil companies' exploration in Namibia--and Angola, the Portuguese colony where Exxon is planning to start operations soon--help the United States, despite the U.S. government's opposition...
Furthermore, because the Corporation already established a policy favoring disclosures, the vote for the Caterpiller disclosure represented no radical shift. Should the Corporation vote April 23 for Phillips's withdrawal from Namibia, it would set the first precedent for Harvard's voting against management in matters of policy...
...intermediate student, Jane Baird and Peter Shane analyze the newly-formed Advisory Committee on Shareholder Responsibility, with special attention to the South African "province" Namibia...