Finalist
Book Title: Corporate Director and Officer Liability: "Discretionaries" Not Fiduciaries
Author:Marc Steinberg
Published:2025
How is your book helping others?
Corporate Director and Officer Liability: "Discretionaries" Not Fiduciaries offers a groundbreaking model for corporate accountability — one that accurately identifies directors and officers as discretionaries and advocates for liability standards grounded in factual practice. This shift allows for a more functional, predictable, and honest approach to governance and enforcement.
The book delves into why legal terminology and accountability standards must align. First, it highlights that legal principles should reflect reality — not perpetuate myths. Second, it underscores that investors and shareholders deserve transparency about the duties and protections afforded to those in control of corporate decisions. And third, it calls for clear, truthful legal definitions that support effective governance and credible enforcement.