Neither Index funds nor ETF's are likely to do the research & oversight stuff themselves, true. But that is quite different that saying that the Indexes & ETF'

Neither Index funds nor ETF's are likely to do the research & oversight stuff themselves, true. But that is quite different that saying that the Indexes & ETF's would for-sure sit on the sidelines if some more-active large shareholders were pushing a credible plan to force better behavior down the throats of a major corporation's C-suite. And the Indexes & EFT's backing such a measure - which effectively costs them 0.00000% to do - would likely prove the critical thumb sign from the Imperial Box.