In today’s knowledge economy the importance of education has been worldwide recognized. All developed countries are spending a major part of their budget on education. Within education system of any country, teachers have vital position, as the success of educational institutions is mostly...

While the relationship between state ownership and firm performance has been widely researched, the empirical evidence has provided mixed results. This study applies panel data regression techniques to 10,639 firm-year observations of non-financial Chinese listed firms during 2003-2010 to...