Shaomin Li (Ph.D., Princeton University) is Eminent Scholar and Professor at Old Dominion University. He studies the global environment of business and institutional change. His research on rule-based versus relation-based governance has been featured by The Economist twice. His recent book is on “Bribery and Corruption in Weak Institutional Environments” (Cambridge University Press). In 2008, the Governor of Virginia presented him the Outstanding Faculty Award.