Sunday, February 19, 2006

IT Company Collusion with Chinese Authorities to Repress Free Expression Shorts Shareowner Value


Boston Common Asset Management submits testimony to congressional hearings asserting that protecting shareholder value and respecting human rights are not mutually exclusive mandates.

The issue of Internet freedoms dominated headlines this week. On Tuesday, the US State Department launched a new Global Internet Freedom Task Force to focus on foreign policy considerations, such as the use of technology to restrict access to political content or track and repress dissidents. The next day, the House Subcommittee on Africa, Global Human Rights, and International Operations held hearings for US technology companies Microsoft (ticker: MSFT), Yahoo (YHOO), Google (GOOG), and Cisco (CSCO) to respond to allegations of aiding such actions in China. Representative Chris Smith (R-NJ), chair of the subcommittee, circulated draft copies of the Global Online Freedom Act of 2006 he intends to introduce on the House floor this session.

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