Word: nike
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These are allegations against Nike, Occidental Petroleum and Columbia/HCA, respectively, as published by The New York Times and the Los Angeles Times...
...last June, Harvard owned 91,000 shares of Nike, 320,000 shares of Occidental Petroleum and 500,000 shares of Columbia/HCA...
...addition to Nike, Columbia/HCA and Occidental Petroleum, Harvard invests in Elf Aquitaine, TRW, Tyson Foods and American Electric Power, companies which the Multinational Monitor alleges are involved in improprieties including bribery, international coups or maintaining substandard working conditions...
...nobody put forward a proxy about Nike, Harvard will not take a stand, at least within the normal operation of these committees," says Joseph L. Badaracco, chair of the ACSR and Shad professor of business ethics at Harvard Business School...
PHIL KNIGHT Nike CEO will end child labor and improve factories abroad. Go, Phil--now hike that minimum wage...