Google Shareholder Proposal to Resist Censorship
buxton2k writes "Slashdot has had plenty of stories about technology companies like Google kowtowing to repressive political regimes such as China's. I'm an (extremely) small shareholder in Google, and I looked at their proxy statement today. Most of the time, shareholders' meetings don't deal with anything other than rubber-stamping the board of directors, but Google's upcoming meeting has a interesting shareholder proposal dealing with free speech and censorship to be voted on at the May 10 meeting."
From p32: Recommendation Our board of directors recommends a vote AGAINST the stockholder proposal.
Capitalism == Situational Ethics....
This was raised by a shareholder, in particular:
The Funds' request was submitted by Patrick Doherty, The City of New York Office of the Comptroller, 1 Centre Street, New York, New York, 1007-2341
Didn't the directors suggest a no vote?
Required Vote
Approval of the stockholder proposal requires the affirmative "FOR" vote of a majority of the votes cast on the proposal. Unless marked to the contrary, proxies received will be voted "AGAINST" the stockholder proposal.
Recommendation
Our board of directors recommends a vote AGAINST the stockholder proposal.
Curiosity was framed; ignorance killed the cat. -- Author unknown