Business performance and sustainable development in the Spanish private education sector

Purpose This research aims to highlight how systemic sustainability in education, from a holistic approach, requires economically strengthening the private sector to improve the quality of training. Analyzing its business performance contributes to sustainable development, aligning with Goal 4 of the 2030 Agenda: ensuring inclusive, equitable, quality education and lifelong learning opportunities for all. Design/methodology/approach The study employs principal component analysis, correlation analysis and descriptive analysis on data from 179 private education companies between 2014 and 2021. Financial ratios (ROA, ROE, current ratio, debt ratio, net worth ratio, years in business) are used to examine business performance, both at the national level and by segments. Findings A strong positive correlation was found between the current ratio and net worth ratio and an inverse correlation between the debt ratio and net worth ratio. Companies in Madrid and Catalonia demonstrate lower financial risk, and there are differences in liquidity and equity management compared to other regions. PCA, explaining 70.85% of the variance, illustrates how financial solidity, operational efficiency and the importance of business maturity influence outcomes. Originality/value The findings provide a solid basis for strategic decision-making in the private educational sector that promotes economic and environmental sustainability through SDG 4 on quality education. The analysis encourages stability and growth.

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Publication Details

Journal
International Journal of Organization Theory and Behavior
Published
2026-07-17
DOI
https://doi.org/10.1108/ijotb-07-2025-0198
Primary Topic
Sustainability in Higher Education
Type
article
Field-Weighted Citation Impact
0.00

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article

Business performance and sustainable development in the Spanish private education sector

Juan Milán García, Álvaro Bueno-Ferrer, Jaime De Pablo Valenciano
International Journal of Organization Theory and Behavior
Sustainability in Higher Education
article

Business performance and sustainable development in the Spanish private education sector

Juan Milán García, Álvaro Bueno-Ferrer, Jaime De Pablo Valenciano
article en

Abstract

Purpose This research aims to highlight how systemic sustainability in education, from a holistic approach, requires economically strengthening the private sector to improve the quality of training. Analyzing its business performance contributes to sustainable development, aligning with Goal 4 of the 2030 Agenda: ensuring inclusive, equitable, quality education and lifelong learning opportunities for all. Design/methodology/approach The study employs principal component analysis, correlation analysis and descriptive analysis on data from 179 private education companies between 2014 and 2021. Financial ratios (ROA, ROE, current ratio, debt ratio, net worth ratio, years in business) are used to examine business performance, both at the national level and by segments. Findings A strong positive correlation was found between the current ratio and net worth ratio and an inverse correlation between the debt ratio and net worth ratio. Companies in Madrid and Catalonia demonstrate lower financial risk, and there are differences in liquidity and equity management compared to other regions. PCA, explaining 70.85% of the variance, illustrates how financial solidity, operational efficiency and the importance of business maturity influence outcomes. Originality/value The findings provide a solid basis for strategic decision-making in the private educational sector that promotes economic and environmental sustainability through SDG 4 on quality education. The analysis encourages stability and growth.

International Journal of Organization Theory and Behavior
University of Almería (ES)
Universidad de Almería
Quality Education
Openalex Percentile: Top 2%
Sustainability in Higher Education
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Business performance and sustainable development in the Spanish private education sector — Juan Milán García, Álvaro Bueno-Ferrer, et al. · International Journal of Organization Theory and Behavior (2026) | TGRS Research Map | TGRS