They would woudn't they.
Onésimo Alvarez-Moro
See article:
Volkswagen defended its corporate governance on Friday amid mounting ire by minority shareholders in Europe's biggest carmaker over the role of Chairman Ferdinand Piech.
U.S. fund manager Tweedy Browne, one of VW's top six shareholders, is so concerned by potential conflicts of interest at VW that it may scrap investments in Germany, the Financial Times reported, citing managing director William Browne.
The paper said the activist fund manager was talking to other Volkswagen shareholders in a bid to force out Piech, whose dual role as head of VW's supervisory board and co-owner of German carmaker Porsche has fuelled a controversy.
Chances of toppling Piech seem slim. By German law, a motion to remove a supervisory board chairman at an annual general meeting requires 75 percent of the votes present.
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