Privacy Pressure through Shareholder Resolutions
Wednesday, January 28th, 2009 by Harry Lewis
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A group called the Open Media and Information Companies Initiative is advocating free speech and information privacy through a novel strategy: they are trying to get shareholder resolutions endorsing such principles, and disclosing corporate practices in these areas, put on the docket for shareholder meetings of major communication and media companies. It’s far from clear that this approach will be particularly effective, but it can create public relations pressure for companies to be more open about what they are doing. I wish them luck!