Protest Divestment
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 inThe 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 |
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