Doubts On Yahoo's Human Rights Code of Conduct 100
Ian Lamont writes "The US Senate has been pushing American technology companies to work with rights groups to develop a human rights code of conduct, which would help to guide their overseas activities. Yahoo now claims that it has established the 'core components' of a global code of conduct, and a more complete version will be ready this fall. However, the Industry Standard notes that there's a fundamental flaw with such efforts: US law is not world law. Following the local laws is a requirement of doing business in any country, and conflicts between corporate ethics and the law of the land in which these corporations do business are inevitable. The US Senate's push for such a code was prompted by a number of incidents, including Yahoo's complicity in the arrest of Chinese dissidents and a Chinese journalist."
Re:Silver Lining (Score:4, Funny)
That is a good darn question. Executives in the US face penalties for compliance, and executives in China face penalties for non-compliance. Damned if you do, Damned if you don't.
The most intelligent thing to do in my opinion is to treat them as two separate entities. If the U.S has a serious problem with the way China acts and treats it's citizens or U.S citizens then it sounds like an embargo is required.