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3.25.08
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Google Stockholder Proposal Number 4

Written by: Rick Pollack

 

PROPOSAL NUMBER 4 - STOCKHOLDER PROPOSAL

The Office of the Comptroller of New York City and St. Scholastica Monastery have advised us that they intend to submit the proposal set forth below for consideration at our Annual Meeting. The Office of the Comptroller of New York City is the custodian and trustee of the New York City Employees’ Retirement System, the New York City Teachers’ Retirement System, the New York City Police Pension Fund, and the New York City Fire Department Pension Fund, and custodian of the New York City Board of Education Retirement System.

Internet Censorship

Whereas, freedom of speech and freedom of the press are fundamental human rights, and free use of the Internet is protected in Article 19 of the Universal Declaration of Human Rights, which guarantees freedom to “receive and impart information and ideas through any media regardless of frontiers”, and

Whereas, the rapid provision of full and uncensored information through the Internet has become a major industry in the United States, and one of its major exports, and

Whereas, political censorship of the Internet degrades the quality of that service and ultimately threatens the integrity and viability of the industry itself, both in the United States and abroad, and

Whereas, some authoritarian foreign governments such as the Governments of Belarus, Burma, China, Cuba, Egypt, Iran, North Korea, Saudi Arabia, Syria, Tunisia, Turkmenistan, Uzbekistan, and Vietnam block, restrict, and monitor the information their citizens attempt to obtain, and

Whereas, technology companies in the United States such as Google, that operate in countries controlled by authoritarian governments have an obligation to comply with the principles of the United Nations Declaration of Human Rights, and

Whereas, technology companies in the United States have failed to develop adequate standards by which they can conduct business with authoritarian governments while protecting human rights to freedom of speech and freedom of expression,

Therefore, be it resolved, that shareholders request that management institute policies to help protect freedom of access to the Internet which would include the following minimum standards:

1)       Data that can identify individual users should not be hosted in Internet restricting countries, where political speech can be treated as a crime by the legal system.

2)       The company will not engage in pro-active censorship.

3)       The company will use all legal means to resist demands for censorship. The company will only comply with such demands if required to do so through legally binding procedures.

4)       Users will be clearly informed when the company has acceded to legally binding government requests to filter or otherwise censor content that the user is trying to access.

5)       Users should be informed about the company’s data retention practices, and the ways in which their data is shared with third parties.

6)       The company will document all cases where legally-binding censorship requests have been complied with, and that information will be publicly available.

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 (the google board) recommends a vote AGAINST the stockholder proposal.

2 Comments

  1. Cleveland BFD CommenterJ. Murray:  

    Thanks, Rick. Interesting post. I see a couple of intriguing things here: 1. Evolution through shareholder action (evolution is not always successful the first time); 2. A recognition that Google (like any company) is subject to the law of the countries in which it operates; 3. Google’s shareholders are foolishly asking the company to reveal its proprietary business methods, which are the basis for the company’s phenomenal success.

    Rate this comment:  Add karma Subtract karma  +0 | March 25, 2008 @ 8:35 pm

  2. Cleveland BFD CommenterTimFerris:  

    There are a lot of deal-killers here, interspersed with some good and noble initiatives. To expect Google to saddle itself with onerous requirements runs entirely counter to the corporate culture. This is a case of the shareholders, who happen to be old-order institutions, trying to rein in and bog down a new-order company.

    Rate this comment:  Add karma Subtract karma  +0 | March 26, 2008 @ 7:25 am



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