Word: acsr
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While Lawrence F. Stevens '65, secretary of the Advisory Committee on Shareholder Responsibility (ACSR), agreed that the transaction was "purely financial in nature," some campus groups have claimed the sale was at least partially politically motivated...
...last two meetings, the ACSR, which is charged with investigating the social implications of Harvard's investment policy, discussed the general issue of investing in banks operating in South Africa...
...ACSR had tentatively decided "to take action" against such banks...
...Wednesday, Citibank's executive vice president for international affairs defended that bank's South African operation before the ACSR. But the stocks still went up for sale...
George. J. Vojta, executive vice president of Citibank for international affairs, defended his bank's South African loan policies before the ACSR...