Governance matters: don't overlook board oversight – AllianceBernstein

Director elections can be a powerful tool for investors to weigh in on ineffective boards.

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... Most conversations around proxy voting focus on shareholder proposals and executive compensation. Meanwhile, the most significant votes tend to fly under the radar: director elections. Boards of directors play a vital role in representing shareholder interests by overseeing a company’s strategic direction, monitoring management and ensuring accountability for the creation of long-term value.

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