Whereas, if there have no valid company in science governance, no matter how effectively we design the inner controls, it will become formalistic and hardly receive the prospective result.

反之，若没有科学有效的公司治理，无论设计如何有效的内部控制制度也会流于形式而难以收到既定效果。

youdao

Valuation theory has become so formalistic and abstract that it has become almost completely divorced from reality.

FORBES: What Gold Sees, and Ben Bernanke Does Not