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Exploring Financial Management Challenges of Secondary School Heads in Region III: A Mixed-Methods Basis for Enhanced Financial Management Plan

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  • Lyda V. Bantugan

    (Bataan Peninsula State University, Balanga City, Bataan)

Abstract

The main objective of this study is to explore the financial management challenges of secondary school heads in Region III. The study used mixed or triangulation method to describe the general findings of the study in the form of questionnaire made up of combination of Likert scale and open-ended questions to collect information from the school heads of Region III. The purposive population of this research is composed of 30 participants-school heads. For the quantitative part of the study, most of the school heads are mid-career professionals aged 41–50, predominantly male, holding Principal II positions, and are highly educated with most having Master’s or Doctorate degrees. Most have over 10 years of service and have primarily undergone national-level financial management training. On the challenges in financial management skills of school heads, the school heads demonstrated very high proficiency in financial management, with Procurement ranking first (M=3.86), followed by Budgeting (M=3.85), Accounting (M=3.72), and Asset Management (M=3.69), all indicating highly efficient performance across these areas. On the challenges in financial management of school heads, the overall challenges in financial management were rated as “Somehow Challenging†(M=1.60), with the greatest difficulty in fund utilization (M=1.87) and internal control (M=1.66), while process flow (M=1.46) and policy adherence (M=1.42) were generally not considered problematic. On the significant relationship between financial management of school heads and their assessment, the significant inverse relationship between financial management and assessment of school heads (r = -0.698, p

Suggested Citation

  • Lyda V. Bantugan, 2025. "Exploring Financial Management Challenges of Secondary School Heads in Region III: A Mixed-Methods Basis for Enhanced Financial Management Plan," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(3s), pages 5050-5065, July.
    • Handle: RePEc:bcp:journl:v:9:y:2025:i:3s:p:5050-5065
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    References listed on IDEAS

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    1. Millie Rose Gaspar & Jocelyn P. Gabriel & Manuel B. Manuel & Divina S. Ladrillo & Evangeline R. Gabriel & Arneil G. Gabriel, 2022. "Transparency and Accountability of Managing School Financial Resources," Journal of Public Administration and Governance, Macrothink Institute, vol. 12(2), pages 102115-1021, December.
    2. Barbara Bruns & Deon Filmer & Harry Anthony Patrinos, 2011. "Making Schools Work : New Evidence on Accountability Reforms," World Bank Publications - Books, The World Bank Group, number 2270, April.
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