Variables

Parameter Test (T Test)

Non-Parameter-Test (Mann-Whitney U Test)

Mean

T Value

P value

Median of State-Controlled Enterprises

Median of Non-State-Controlled Enterprises

Z Value

P value

MAN_SR_t

0.115^**

23.825

0

0

0.051

19.885^**

0

LnTTE_P_t

−0.167^**

−4.913

0

14.045

13.83

−5.460^**

0

RD_TA_t

0.005^*

2.356

0.017

0.01

0.017

5.010^**

0