Kenneth E. Scott is a senior research fellow and the Ralph M. Parsons Professor of Law and Business Emeritus, Stanford University Law School.

He is an expert in public regulation of banking institutions, corporation law, and securities law. His current research focuses on legislative and policy developments related to bank regulation and deposit insurance reform. He is also exploring the application of new economic perspectives to corporate law and governance issues.

Scott's major work has been in the fields of law and regulation of corporations, securities and banking, and the fast-changing area of financial services.

He is a member of the state bar in New York, California, and the District of Columbia.

Scott is the author of three books: (co edited with George P Shultz and John Taylor) Ending Government Bailouts as We Know Them (Hoover Institution Press 2010); (with R. Posner) Economics of Corporation Law and Securities Regulation (Little, Brown and Company, 1980) and (with W. Baxter & P. Cootner) Retail Banking in the Electronic Age: The Law and Economics of Electronic Funds Transfer (Allanheld, Osmun & Co., 1977).

He has been a member of the editorial board of Financier since 1994 and was a member of the editorial board of the Journal of Financial Services Research from 1992 to 2001. He is a prolific author of articles for legal and financial journals.

His recent writings include "Taking Shareholder Protection Seriously? Corporate Governance in the US and Germany", 53 American Journal of Comparative Law (with T. Baums)(2005); "What is Systemic Risk, and Do Bank Regulators Retard or Contribute to It?", 7 The Independent Review 371 (2003); "What Role Is There for Independent Directors of Mutual Funds?" 2 Villanova Journal of Law and Investment Management 1 (2000); "Comments on Regulating Mutual Fund Investor Knowledge" in Restructuring Regulation and Financial Institutions, ed. J. Barth, D. Brumbaugh, and G. Yago (2000); "Institutions of Corporate Governance: Implications for Korea" in An Agenda for Economic Reform in Korea: International Perspectives, ed. K. Judd & Y. Lee (2000); and "What Are the Lessons from History?" 156 Journal of Institutional and Theoretical Economics 207 (2000).

From 1963 to 1968, he served as general counsel of the Federal Home Loan Bank Board in Washington, D.C. In 1961, he was chief deputy savings and loan commissioner and head of the Los Angeles office of the state savings and loan agency. Before those appointments, Scott was in private practice with the firms of Sullivan and Cromwell in New York and Musick, Peeler and Garrett in Los Angeles. Scott is currently a member of the board of directors of American Century Mutual Funds.

He earned an A.B. in economics in 1949 from the College of William and Mary, where he was class valedictorian and a member of Phi Beta Kappa. He attended Princeton University as a Woodrow Wilson fellow, receiving an M.A. in political science in 1953. He graduated from the Stanford University Law School in 1956 with an LLB.