This study aimed to determine the institutional profile and managers' assessment of risks and business performance of private higher educational institutions in China. Using the survey-correlational research design, 205 managers from 30 higher education institutions in China were surveyed for the profile, financial risks, non-financial risks, and performance of their institutions. The collected data was processed using SPSS and statistical tools such as frequency count, percentages, mean, independent samples t, One-Way ANOVA, Pearson’s r, and ETA at .05 level of significance. Results revealed that the financial risks and non-financial risks of higher education institutions is moderate, while performance vary from poor to good. There are significant differences in the financial and non-financial risks of the higher education institutions when classified according to type of institution, number of degrees offered, and government recognition/accreditation. In addition, financial risks also vary with years in operation and enrolment size; while their performance differed significantly when classified according to type of institution, years in operation, number of degree programs offered, and government recognition/accreditation. Moreover, financial performance significantly differed when grouped according to enrolment size. Type of institution, government recognition/accreditation, years in operation, and number of degree programs offered, financial risks and non-financial risks are associated with performance.

Financial risks;Non-financial risks;Performance;Higher education institutions

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DOI： https://doi.org/10.62639/sspjiess21.20250203

Published： 2025