Sprott researchers receive SSHRC Engage funding

Sprott researchers Isaac Otchere and Sana Mohsni have received SSHRC Engage funding in partnership with the Insurance Bureau of Canada.

The one-year project will explore the effects of Directors & Officers (D&O) insurance on corporate risk taking, the quality of corporate governance, and the value effects of D&O in Canada. Otchere and Mohsni take advantage of the mandatory disclosure requirement of D&O insurance policies in Canada to examine the effects of D&O insurance on corporate risk taking, governance and performance of Canadian publicly traded firms.

Through a collaboration with the Insurance Bureau of Canada (IBC), the national industry association representing Canada’s private home, auto and business insurers, they will explore questions at the intersection of D&O liability insurance, risk taking, returns and governance, and through this research, will be able to better understand the implications of D&O insurance in Canada. The knowledge gained by exploring these research questions will be of great interest to the IBC as it will influence evidence-based policy making and the pricing of D&O insurance premium.