The Harvard Committee on Shareholder Responsibility (CCSR) released yesterday its annual explanation of its proxy votes on more than 100 proposals involving companies in which the University holds shares.

The 54-page report explains the non-binding recommendations of the Advisory Committee on Shareholder Responsibility (ACSR)--that contains student members--and the CCSR's final decisions on the issues of social responsibility.

The CCSR is composed of two Corporation members--Chair Robert G. Stone, Jr. '45 and D. Ronald Daniel, University treasurer. They make the final decisions based in part on the recommendations of the ACSR.

Elizabeth A. Gray, secretary to CCSR, said the committees' decisions and report are important not only as actual votes, but also for the impact they have on a wider level. "The thinking that goes on in our meetings--as reflected in the report--is useful for people trying to make these decisions in similar circumstances," she said.

"The fact that Harvard is voting one way or another influences people," said Ben D. Tolchin '01, the only undergraduate on the ACSR. "The name is important." In addition to Tolchin, the ACSR is composed of three graduate students, four professors and four alumni.

The CCSR voted on 108 proposals, 24 of which dealt with environmental issues.

The report divided the issues that the ACSR and CCSR dealt with into 19 categories such as "Environment," "Tobacco-related Issues," "International Workplace Practices," "Equal Employment," "Board Diversity" and "Executive Compensation."