Monday, October 6, 2008

Protest Divestment

What Does it Mean?
The intentional selling of stock or other assets on a large scale to create financial pressure on a corporation or government to force social change. Protest divestment is a form of shareholder activism.

Investopedia Says...
For example, in the late 1980s, students at many American universities lobbied their schools' endowment funds to stop investing in South Africa

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