Why Social Legitimacy is the Biggest Wrongful Money

<p style="color:#333333;font-weight:normal;font-size:16px;line-height:30px;font-family:Helvetica,Arial,sans-serif;hyphens:auto;text-align:justify;" data-flag="normal">In this episode of The Deep Dive, we uncover the staggering $160 million hidden costs plaguing Chinese firms expanding overseas—costs rooted not in market competition, but in failures to secure social legitimacy.&nbsp; We break down the three-layer risk framework every globalizing company needs—from legal compliance to value alignment—and reveal how cognitive shifts in risk perception could prevent nine-figure losses.</p>