NEW YORK, N.Y.--Investment officials from Columbia University are demanding explanations from firms in the university portfolio that have not endorsed or have not fully complied with the Sullivan Principles, a code of conduct for firms operating in South Africa.
Under a policy adopted last March, Columbia will divest from firms that do not comply with the Sullivan Principles or an "equivalent program."
University President William McGill said last week the trustees may divest certain holdings, depending on the responses from the corporations. However, Anthony Knerr, vice president for finance and treasurer, said he doubted there will be any divestiture.
Read more in News
Student Mugged Near Austin HallRecommended Articles
-
Kristol, Sullivan Debate Conservatism, virtue at KSGConservative writers Andrew Sullivan and William Kristol '73 debated the nature of conservatism and its relation to virtue in a
-
Ed School Dean Named To South Africa CouncilThe Rev. Leon H. Sullivan, author of a set of guidelines for the activities of United States corporations in South
-
Reforming From Within?E VERY SPRING at Harvard for the past decade, a number of Harvard students--the exact number depends on the year--has
-
Carnation Defends S. Africa PracticesA high official of the Carnation Co yesterday defended his firm's employment practices in South Africa and said that the
-
An Example Worth FollowingG OVERNOR EDWARD J KING suffered a number of political setbacks during his controversial term but it wasn't until two
-
The SullivanT he Rev Leon Sullivan, a Black civil rights activist and leader of one of Philadelphia's large Black churches, was