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Disney Adds Board Membership Qualification; Faces Down Labor Protestors

by on August 19, 2005
 
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Stung by recent accusations of corporate malfeasance, the board of directors of the Walt Disney Company has adopted a new provision which will compel any board member to resign if a majority of shareholders withhold their votes during his or her re-election. The announcement comes as Disney is fending off accusations of poor working conditions in their factories in China.

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