In 1974, Phillips-Van Heusen’s pension fund sold its shares in International Telephone and Telegraph at a heavy loss in protest at the US conglomerate’s political donations. It was, the Financial Times reported, the first known example of a company’s “anti-social” actions triggering such a
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
