Word: seven-man
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...ADVISORY Committee on Shareholder Responsibility (ACSR), established in 1972 as an advisory body to Harvard's seven-man governing Corporation, essentially helps to divert the ever-present and ever-increasing criticism of the Corporation's investment policy. It was not formed, as is believed, to represent the concerns of the Harvard community. That fact became painfully obvious at the end of last week, when the ACSR abandoned any pretense of democratic practice...
Gerrity said the roughly $140 million budget, which requires final approval from the seven-man governing Corporation, is expected to post a $60,000 surplus Geoffrey H. Simon contributed to the reporting of this article...
...seven-man governing Corporation, which includes President Bok, Treasurer Roderick M. MacDougall '51, and the five "Fellows" of the College, has the final say over how the endowment is invested, and also over how Harvard votes on proxies...
...group composed in equal parts of alumni, students and faculty. The ACSR's recommendations are advisory to a subcommittee of the Corporation itself, the four-member Corporation Committee on Shareholder Responsibility (CCSR). The body makes a final review of all proxy votes and makes recommended as to the full seven-man governing body...
...Stone is more humble about his highly-touted panhandling skills, which he has been honing since he became co-class agent for the Harvard College fund in 1953. "I guess I was just the sucker who got tapped," says Stone, the resident fundraising whiz of the seven-man governing Corporation. "I'm the only [Corporation member] with a really strong business background, and that's why I'm interested in the money matters like the campaign and the endowment...