It is widely known that leading Chinese universities are actively seeking ‘world-class' status, and that numerous policies have been put in place as a means to achieve this goal. Two such policies have been identified as central, however; recruiting faculty who have been trained overseas, and...

The last three decades have witnessed great social, political and economic change in China since the market reforms in the late 1970s. A market economy was adopted as a replacement to the planned economy in order to allocate resources more efficiently. Consequently, higher education in China has...

Following calls for further research in education inequality beyond input and output measures, especially with a qualitative approach, and building on the implications of capability deprivation on equality (Unterhalter, 2003a; 2003b), we extend the findings of Sen's (1979; 1990; 1992; 2000) capability approach...

The popularity of international league tables has intensified the competition in the global higher education market. Countries across the world have been actively participated in the global ranking exercises, aiming to enhance competitiveness and reputation of their higher education systems...

Quality education, or su zhi education in Chinese, has been adopted in schools in China to correct the overemphasis on test scores and to promote whole person development. Although su zhi reform is not based on a capability approach, using such an approach helps to reveal the internal...

This paper examines the prevalence of educational inequality in Post-Mao China with reference to three different models for social exclusion. The primary contribution made by this article is the development of a comprehensive framework for education inequality which maps out the entire process...

This paper shows that politicians' pressure to climb the career ladder increases bank risk exposure in their region. Chinese local politicians are set growth targets in their region that are relative to each other. Growth is stimulated by debt-financed programs which are mainly financed via bank...

Contribution rate evaluation plays a key role in new weapon or equipment development project demonstration, since the priority of potentially developed weapon depends on the contribution of weapons and equipment to the effectiveness of the Combat System of Systems (CSoS). However, previous...

The paper estimates banks' total factor efficiency (TFE) as well as TFE of each production factor by incorporating banks' overall risk endogenously into bank's production process as undesirable by-product in a Global-SMB Model. Our results show that, compared with a model incorporated with...

We use retail Structured Equity Product (SEP) issuances to construct a new sentiment measure for individual stocks. The SEP sentiment measure predicts negative abnormal returns on the SEPs' reference stocks based on a variety of benchmarks including behavioral factor models and factors based on...