Typically, a management team runs a company and a board of directors monitors that team. Directors need to act in the best interest of shareholders, even if their decisions go against the management team. In this episode of Inspiring Minds, Jacob Bank VSB talks with Tina Yang, PhD, Associate Professor, Finance about the impact of Directors and Officers Insurance on the effectiveness of board governance. Dr. Yang says insurance companies can also serve as extra monitors on a company, based on investigations during the underwriting process.