China's fuzzy corporate governance rules (whether hard or soft) do not help company managers, government officials and others coordinate and cooperate - the raison d’etre for corporate governance rules. In a corporate system dominated by personal relationships and rules, clarity and...

China's fuzzy corporate governance rules (whether hard or soft) do not help company managers, government officials and others coordinate and cooperate – the raison d'etre for corporate governance rules. In a corporate system dominated by personal relationships and rules, clarity and...