Activision Asks Shareholders to Vote to Stay in the Dark [May 03, 2022, 11:08 am ET] – Share – Viewing Comments
Axios reports that Activision Blizzard is advising shareholders to vote
against a proposal by New York State that Activision Blizzard issue an annual
report on workplace abuse, harassment, and discrimination. The company has faced
multiple lawsuits over such issues, and clearly would prefer to move on. In
another effort to avoid increased accountability, Activision is also urging a
no-vote on a proposal to allow employees to add a member of the AFL-CIO to its
board of directors. Here's the outline of New York's proposal:
Why it matters: The proposal, first made in February, is a push for transparency about the wrongs at a scandal-racked company.
- Such proposals often fail, but last year Microsoft shareholders voted for such a report over the objections of that company’s board.
New York's proposed report would include:
- The “total number of pending sexual abuse, harassment or discrimination complaints the company is seeking to resolve.”
- The amount of money Activision spent settling misconduct claims in the past three years.
- The number of pending misconduct complaints facing the company.
From a purely business sense I can see why Activision, as well as any company, would want to vote this down. Having said that, every company
, and probably Activision next, cannot see that if you ever want to put something like this behind you, this is an important first step. Wrong or right, most of the world will take this as an indication that they have learned nothing and nothing has changed.
, and probably Activision next, cannot see that if you ever want to put something like this behind you, this is an important first step. Wrong or right, most of the world will take this as an indication that they have learned nothing and nothing has changed.
"We live on a placid island of ignorance in the midst of black seas of infinity, and it was not meant that we should voyage far."
"Universal compassion is the only guarantee of morality."
"Universal compassion is the only guarantee of morality."
Date
Subject
Author
1.
May 3, 2022May 3 2022
11.
May 3, 2022May 3 2022
17.
May 3, 2022May 3 2022
Copyright © 1996-2025 Stephen Heaslip. All rights reserved.
All trademarks are properties of their respective owners.
Privacy Policy. Manage Cookie Settings.
News CGI copyright © 1999-2025 James "furn" Furness & Blue's News. All rights reserved.
Chatbear v1.5.0/blue++: Page generated 16 June 2025, 18:34.