The Influencing Factors and Improvement Path of Listed Private Higher Education Group's Profitability
After the revision of Private Education Promotion Law,some private higher education groups took ad-vantage of the favorable policy opportunity to go public in Hong Kong.Listing financing is one of the effective ways for private higher education groups to raise funds for their subordinate universities.However,due to the particularity of higher education industry,private higher education groups are faced with the double pressure after being listed—maintaining the public welfare and realizing the profits.Whether they can improve the profitability of the group is the focus of stakeholders'attention.The profitability of listed private higher education groups is mainly affected by two factors—the market and the policy,and it is suggested to improve the profitability through two paths,that is,building the diversified performance growth points and forging the profit barrier.