Brown University has rejected demands from pro-Palestinian students to divest from companies doing business with Israel, the university announced Wednesday.
In a letter announcing the decision, Brown President Christina Paxson and Chancellor Brian Moynihan said that “Brown’s mission doesn’t encompass resolving or adjudicating global conflict,” adding, “Brown University will not divest from the 10 companies described in a student-led divestment proposal as facilitating the Israeli occupation of Palestinian Territory.”
Paxson and Moynihan said the decision by the Corporation of Brown University, which is comprised of a volunteer Board of Fellows and Board of Trustees, was based on its “distinct fiduciary duty” as well as considerations of legal, reputational and academic consequences. They said the vote was held by secret ballot so that “no members felt pressure to conform to a majority view.”
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