dc.description.abstract | The study aimed at investigating factors influencing Board of Management
members‟ effectiveness in financial management in public secondary schools in
Koibatek District. The study was guided by the following objectives; to establish
the influence of Board of Management members‟ level of education,
administrative experience, quality of training in seminars and gender on the
effectiveness in financial management. This study was based on Contingency
theory by Fielder (1967) in Okumbe (1998). The study used descriptive survey
design. The target population of this study comprised 30 secondary schools, 450
BOM members, 151 male teachers, 116 female teachers and the DEO in Koibatek
District, Kenya. The teachers and BOM members and DEO were involved
because they understood the factors that influence financial performance in public
secondary schools. The sample size included 45 BOM members, 80 teachers and
the District Education Officer which resulted to 126 respondents. The study used
stratified sampled for BOM members to involve 8 male and 7 female members
from each school. Purposeful sampling was used to select different BOM
members; chairman, secretary, treasurer and BOM members in the sampled
school to participate in the interview. Questionnaires and interview schedules
were used for data collection. Reliability analysis was done through test-retest
method. Reliability coefficient of 0.6 was calculated using the Pearson Product
Moment Correlation Coefficient that deemed the questionnaire reliable. Validity
was ensured through discussion with the experts including supervisors and
colleagues. Primary data was collected and analyzed using quantitative and
qualitative techniques and presented in tables and graphs. Secondary data was
obtained from journals. Data collected was analyzed using SPSS (Statistical
Package for Social Sciences). Descriptive statistics that included frequency tables
and thematic analysis were used. The findings showed that graduate BOM
members were more effective in financial management than non-graduate board
members. The BoM members‟ with a higher administrative experience handled
their duties in financial management effective than those with less administrative
experience. BoM members‟ with a better quality of training in seminars were
more effective in financial management than the ones who attended poor quality
of training in seminars. The findings indicated that the male board members were
more effective in financial management than the female. The male were effective
in accountability and offering proper leadership in terms of financial
management. The BoM members should therefore be given enough relevant
experience to better their managerial skills in financial management. The courses
offered in the seminars leads to BoM members acquiring financial management
skills. The BoM members‟ should be sensitized on the importance of higher level
of education on financial management. Every school should be mandated to have
BoM members appointed after gaining the required professional qualification in
financial management in secondary schools. The BoM members‟ should be
motivated to attend of seminars/workshops. There should be further research on
the effect of financial management on academic performance. | en_US |