Word: divesting
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Dates: during 1980-1989
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Under a policy adopted last March, Columbia will divest from firms that do not comply with the Sullivan Principles or an "equivalent program...
...preliminary search shows the city of Cambridge has no investments in companies linked to South Africa to divest, George O'Brian, assistant city manager for fiscal affairs, said yesterday...
City residents voted by a 2-1 margin last fall in favour of a referendum requiring the city to divest money invested in companies with South Africa connections...
...black South Africans and use either shareholder resolutions or divestiture to coerce corporations into aiding black South Africans politically, socially and economically. "If institutional investors find that corporations are hiding behind the principles, or that they are not doing anything beyond the principles to help blacks, they should selectively divest...
...increased social justice in South Africa. Harvard's relation to the principles, and to a humanistic concern for black South Africans, is one of endorsement but not one of commitment. If a company or investor is unwilling to make the commitment to this "nonviolent revolution," Sullivan says, it should divest, or withdraw from South Africa. It definitely should not attempt to couch its inaction and legitimize its self-interest through a hollow dedication to the Sullivan principles...