Chang Xiaobing, the chairman of the telco China Telecommunications Corp (China Telecom), came under investigation last December under suspicion of serious disciplinary violations, which in the local legal lingo usually means corruption-related crimes. Mr Chang is the highest-ranking official from the country’s telecom industry to date being investigated for corruption.
Growing media concentration continues to be a troubling global trend. Worldwide, the top 10 global media players, dominated by U.S. companies, control ever-larger swaths of the media landscape. This situation causes media scholars and activists to raise concerns about the impact on democracy when an ever-growing share of the global communications environment is controlled by fewer people.
Though it seems like one, the ultimate goal is to actually improve companies. Rebecca MacKinnon, the director of the Corporate Accountability Index, an initiative supported by a dozen of funders and several research centers, says that the main goal of this initiative and the kind of impact the index is craving is to force companies to improve their policies, because that will ultimately have positive repercussions on consumers.