Marc Steinberg expertly traces the century-long history of the effort to create a federal corporation law. Rebuffed in its full form from the Progressive Era on, its newly salient corporate-governance elements now have been implanted within the federal statutory framework. The author describes this journey in the context of federalism, persuasively criticizes remaining systemic and substantive shortcomings, and suggests necessary and politically feasible reforms to
remedy them.
Marc I. Steinberg is the Rupert and Lillian Radford Professor of Law at the Southern Methodist University (SMU) Dedman School of Law. He has served as a Professor or Fellow at several other outstanding universities, including the University of Cambridge, University of London, Heidelberg University, Stockholm University, Bar Ilan University, University of Sydney, University of Hong Kong, and University of Pennsylvania. Professor Steinberg was an
attorney for the U.S. Securities and Exchange Commission in the SEC's Enforcement Division and its Office of General Counsel. He also has been retained as an expert witness in several high profile cases. Professor Steinberg has authored more than 150 law review articles as well as 36 books. He is editor-in-chief of The
International Lawyer and The Securities Regulation Law Journal. Professor Steinberg is a member of the American Law Institute.