ACADEMIC JOURNAL OF EDUCATIONAL RESEARCH AND MANAGEMENT (AJERM)
Transformational Leadership Practices for Sound Financial Management in Public Secondary Schools in Kenya
E-ISSN: 2390-4383
P-ISSN: 1330-3473
DOI: https://iigdpublishers.com/article/1620
The purpose of this study was to determine the relationship between transformational leadership practices and financial management in public secondary schools in Nairobi, Kenya. Leadership Practices Inventory (LPI) “Self” was used to collect information on transformational leadership practices of secondary school principals. Information on financial management was based on school principals’ ability to segregate the school funds into specific vote heads, allocate the funds to specific vote heads and account for the allocated funds. Pearson correlations were used to establish if there was a relationship between transformational leadership practices and financial management in secondary schools. Results indicated a positive correlation between transformational leadership and financial management. This relationship was however modest (R=0.4387) but significant at p˂0.05. This could mean that there are other variables other than leadership practices likely to affect financial management such as accounting officers and the government. Based on these findings, it is recommended that secondary school principals must be well equipped to be able to exhibit strong leadership skills as measured by the leadership Inventory in order to succeed in managing the finances in their schools. The teachers’ service commission must carefully screen the teachers who are recruited to become principals.
Anne Ndiritu PhD, Charles Omwanza PhD & Ms Caroline Njoki
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