State-owned enterprises' operating efficiencies does percentage of private share matter?

What kind of influence does percentage of private share have on state-owned enterprises’ operating efficiencies? The thesis studies on the correlation between percentage of private share and SOEs’ operating efficiency in China. By analyzing both input and output side of SOEs’ performance (i) theoretically, based on previous studies, and (ii) empirically, through data bivariate analyses and variables returns. Due to the limitation on time and data, the thesis focuses on the dataset of Chinese SOEs in National Bureau Statistics investment climate survey in the year 2004. This study aim to dig into the dynamics that how private share percentage in SOE affect its operating efficiency. Then give a discussion about should the central government continue to keep the largest and most important SOEs under control or should we go on with increasing SOEs’ private share percentage