|Private sector engagement in education is typically conceptualised as the
provision of education or education services by non-state private actors. It
is, however, broader than this and tends to occur in four main areas, that
is, the provision, financing, management and regulation of education, and
increasingly, of ancillary education services by non-state private actors.
They may work with varying degrees of independence from government/
public and/or other private/non-state actors. Non-state private actors in
global education may be said to operate along a continuum of three main
statuses. These include profit-oriented or commercially driven entities,
of which some may be publicly listed while others may be privately held
(Fielden & LaRocque, 2008). Others are oriented towards making a
positive social impact without profit (e.g., may be registered as trusts or
charities in their local contexts). Hybrid actors sit between the two, having
both a profit and social impact motive.