What is an owner? And, what is an owner of a publicly traded corporation? It’s clear that they are not the same thing. We don’t own a corporation like we own a car or property. Even individual owners of corporate stock don’t really “own” the corporations. We have neither the rights nor responsibilities commonly associated with the term ownership.
As I read in the Crimson “Divest Harvard Plans Weeklong Blockade of Massachusetts Hall,” I had to ask myself: why I am not participating? Why not me?
This is an important and interesting addition to the responsible investing – divestment discussion. The Smith School issued a report on stranded assets, that is investments that “have suffered from unanticipated or premature write-downs, devaluations or conversion to liabilities.”