Wednesday, June 13, 2007

Keeping public institutions invested in tobacco

This paper uses tobacco industry documents to show how Philip Morris sought to restore its credibility as an inverstment vehicle, by commissioning a report from Wilshire Associates.


http://dx.doi.org/10.1007/s10551-006-9188-0

Comments: While the tobacco industry defends itself, the tobacco stock divestment movement moves on!! Recently, University of Toronto became the first Canadian university to sell off its tobacco stocks. Will other institutions follow suit??