Word: pepsico
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...response to the pleas of Hla-Tint and activist groups may have more than economic clout with PepsiCo...
According to Simon Billinguess, a senior research analyst at Franklin Research, Inc., Harvard's decision may be used by PepsiCo shareholders to show that Burma is having an effect on the company's ability to strike business deals...
Though the monetary value of Harvard's account is not large in comparison to PepsiCo's net earnings, Berry says he believes that "Harvard has a little bit of bully pulpit and we might be able to use that to get Pepsi to pull out of Burma...
...despite continued negotiations with HDS, PepsiCo has made no move to concede any part of its involvement with Burma...
Shareholders of PepsiCo, upset by the company's involvement in Burma, drafted a resolution to be voted on at a May shareholder's meeting...