Divestment of the Stock Portfolio of the Society

On October 25, 1986, the Executive Council of the American Society of International Law decided to divest the Society’s investment portfolio of stocks in all corporations “with direct investments in South Africa.” This action, which was taken by the Council after considerable debate, superseded the...

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Veröffentlicht in:The American journal of international law 1987-07, Vol.81 (3), p.744-747
1. Verfasser: Richardson, Henry J.
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container_title The American journal of international law
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creator Richardson, Henry J.
description On October 25, 1986, the Executive Council of the American Society of International Law decided to divest the Society’s investment portfolio of stocks in all corporations “with direct investments in South Africa.” This action, which was taken by the Council after considerable debate, superseded the Society’s former policy of investing only in corporations with a high ranking under the “Sullivan principles.” The Council’s action is worthy of note in light of recent divestment-related actions, but especially because the resolution of economic considerations was informed by wider issues of law, moral policy making and human rights.
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source HeinOnline Law Journal Library; Periodicals Index Online; JSTOR Archive Collection A-Z Listing
subjects Apartheid
Business risks
Corporations
Current Developments
Divestment
Financial portfolios
International law
Learned societies
Nonprofit organizations
Repression
Subsidiary companies
title Divestment of the Stock Portfolio of the Society
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