Large shareholders are finally making themselves heard. This will still take time to filter through to the Boardrooms, so they should not be discouraged.
They need to follow through on this and other issues.
Onésimo Alvarez-Moro
See article:Two leading shareholders in Volkswagen have publicly criticised the deal under which rival Porsche has taken a 19 per cent stake, arguing it exacerbates the carmaker's already poor corporate governance.
Tweedy Browne of the US, a top-10 investor, told the Financial Times that it was opposed to anyone on VW's supervisory board associated with Porsche - by implication Ferdinand Piëch, VW's non-executive chairman and a large Porsche shareholder - because the conflict of interest would be too great.
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