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Articles
Published: 2024-11-28

TEACHERS' VIEW OF THE SCHOOL HEADS’ FINANCIAL MANAGEMENT MECHANISMS: AN EXPLORATORY DESIGN

School head Exploratory Design Public School Teacher Financial Mechanism Thematic Analysis Exploratory Factor Analysis

Abstract

Teachers value a system that makes sure resources are dispersed and allocated fairly across teachers and students. If the school head's financial management system is applied effectively, ethically, and efficiently, teachers may eventually see it as a crucial component of a well-run school. This study determined the teachers’ view of the school heads financial management mechanism. The exploratory design was utilized that started with qualitative phase then followed by quantitative data collection and analysis. More specifically, it aimed to explore teachers’ view of the school heads financial management mechanism’ scale in a sample of teachers. In the qualitative phase, there were ten (10) teachers who participated in the in-depth interview and seven (7) teachers participated in the focus group discussion. Meanwhile, the data were analyzed using the thematic analysis and exploratory factor analysis (EFA). The results show that a total of five themes that emerge that put emphasis on the school heads financial management mechanism. The EFA results showed five underlying teachers’ view of the school heads financial management mechanism scale. To give the light of the study, the following conclusions are enumerated. Five emerging themes significantly emphasized on examining teachers’ view of the school heads financial management mechanism scale include financial reporting, proper planning, proper accounting, proper budgeting and transparency. Results revealed from the Exploratory Factor Analysis (EFA) four underlying dimensions occur from the school heads financial management mechanism scale such as proper planning, proper accounting, proper budgeting and financial reporting. The Exploratory Factor Analysis results revealed that there are 50 items of questionnaire sets that are suitable for factor loadings. This means that these items are appropriate for the study's measuring tools and pass the face validity test.