In practice, how would this work? A requirement that they only use index funds? But then wouldn't that bias them to support the companies that are the major movers in that index? Indexes are often heavily weighted to a small subset after all.
TBH, it seems like an idea that sounds good on the surface but has practical issues in implementation that would make it irrelevant
TBH, it seems like an idea that sounds good on the surface but has practical issues in implementation that would make it irrelevant