Formal Contracts and Institutional Norms in the Chinese Business Environment: An Empirical Investigation of the Manufacturing Sector
Inter-firm contractual arrangements characteristically form the back-bone of a business relationship, and are facilitated by a mix of informal and formal governance structures. In the lead-up to and post WTO accession, the Chinese government implemented wide-ranging reforms to its business environment. As a result, the use of inter-firm contracts as a business norm has been influenced by legislati
