In this report published in August 2008, Dr. Carl Horowitz analyzes ICCR’s increasingly effective tactics, and the lack of will by shortsighted executives who submit to the demands of anti-business activists. Click here or on the cover to the right to download a 32-page pdf.
ICCR is a nonprofit coalition with a claimed membership of about 275 institutional investors, most of them of a religious nature, with a combined stock portfolio of more than $110 billion. The group operates on the belief that the best way to revolutionize a publicly-traded company is to become part of it. Investor affiliates introduce proxy resolutions at shareholder meetings, as part of campaigns to alter corporate behavior on a variety of issues, especially health care.