How do you try to win back investor confidence after your co-founder, chairman and CTO gets the axe following the board’s discovery of his engagement in undisclosed insider dealings?

If your name is autonomous truck driving firm TuSimple Holdings Inc. (TSP.US), the answer is that you fire the entire board that made such a “bad” decision. If that sounds confusing, it’s because this is another “made in China” story that exposes one of the bigger risks of investing in Chinese companies, namely the fact that such companies are frequently controlled by their founders.

That means that when minority shareholders and independent board members discover something amiss at the company, they are often powerless to do anything about it. Or in this case, if they try to do the responsible thing, they can be punished by the company’s controlling founders who were guilty of the questionable behavior.