Sunday, September 18, 2005

Chinese Internet vs. free speech / Hard choices for U.S. tech giants

Chinese Internet vs. free speech / Hard choices for U.S. tech giants: "Two asset management firms that concentrate on socially responsible investing have penned a shareholder resolution for Cisco Systems, which will come up for a vote at the company's next annual meeting. The resolution urges the company to draft and implement a human rights policy. It was submitted by Boston Common Asset Management, which holds 104,200 shares of Cisco common stock, and Domini Social Investments.

Cisco unsuccessfully challenged the resolution with the Securities and Exchange Commission. The company said it has already done what the proposal suggests."

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