Word: bok
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Bok was reluctant to yield to student and Faculty pressure. He wrote two letters addressing divestment from South Africa in which he explained his support for University policy...
...open letter in March, Bok wrote that the purpose of a university is not “to reform society in specific ways,” but to transmit knowledge and protect its financial stability. In his second letter in April, Bok doubted the effectiveness of divestment in promoting the end of apartheid, and supported the Corporation’s position that the best way for Harvard to influence corporate behavior was “to vote as a shareholder...
According to Morton Keller, co-author of Making Harvard Modern, Bok was well aware of the moral implications of Harvard’s investments, but he also felt it his duty to protect the financial stability of the University...
...Derek Bok was very much double-minded about it,” Keller says. “Part of him responded favorably to the idea that there should be a moral dimension [to Harvard’s investment policy...
...don’t think it is correct to say that the Corporation changed its mind,” Bok, who led the Corporation in the late 1970s, writes in an e-mail. “We were asked to sell all of the stock of all the scores of companies which did any business in South Africa. We never agreed to that demand. We did decide to sell a few stocks, amounting, I would guess, to only half a dozen companies...