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Definition of 'Protest Divestment'
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.
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Investopedia explains 'Protest Divestment'
For example, in the late 1980s, students at many American universities lobbied their schools' endowment funds to stop investing in South Africa. Their end goal was to force South Africa's government to end apartheid. The attention this raised forced many corporations to follow suit, and by 1990 more than 200 U.S. companies had cut ties with the country, resulting in the direct loss of $1 billion of investment.
The attention the protest garnered put the issue of apartheid in the national spotlight and Congress passed a series of economic sanctions as a result. This economic pressure created social change as South Africa's government was forced to end racial segregation and give non-whites the right to vote.
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Search results for 'Protest Divestment'
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http://www.investopedia.com/articles/economics/08/protest-divestment-south-africa.asp
Protest Divestment And The End Of Apartheid. August ... And one of the reasons
apartheid ended was because of protest divestment. Protest ...
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http://www.investopedia.com/university/ethical-investing/ethical-investing7.asp
... (To learn more, read Protest Divestment And The End Of Apartheid.) Next, we'll learn
about the choices ethical investors face when deciding where to put their ...
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http://financialedge.investopedia.com/financial-edge/0211/Protesting-With-Your-Money-Does-It-Work.aspx
... These people use their buying power and money rather than holding a physical protest.
(For a related reading, see Protest Divestment And The End Of Apartheid.). ...
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