Among other helpful information, Vanguard’s recently released stewardship piece: “Investment Stewardship - About our Program” includes examples of the types of questions Vanguard asks company management and directors during its engagements around its four pillars of good governance: board composition and effectiveness; board oversight of strategy and risk: executive pay; and shareholder rights. The “what we do” and “what we don’t do” panel on page 15 and accompanying narrative affirm its long-term financial materiality- and facts and circumstances-based approach to proxy voting.