Abstract
The study investigated the relationship between financial resources and junior secondary school students’ academic performance in Cross River State, Nigeria. Four null hypotheses were formulated and tested. Ex-post facto design was used for the study. Subjects who participated in the study were 397 students from 277 public junior secondary schools in the study area but data was collected from only 386 representing 97.2 percent. Two instruments titled “Financial Resources Questionnaire (FRQ) and Junior Secondary School Students’ Academic Performance Scale (JSSSAPS)” were used for data collection. Data was analyzed using Population t-test and Multiple Regression analysis. The result indicated that junior secondary school students’ academic performance is significantly high. The result further revealed that financial resources in terms of: investment in school facilities, allocation of financial resources, structure of financial resources and amount of financial resources jointly predicts students’ academic performance. It was concluded that school business just like every other economic unit and business concerns alike, cannot thrive by mere availability of financial resources but by its utilization.
Highlights
Finance is concerned with the determination of economic value, acquisition, allocation, utilization and investment of resources to achieve the objectives of different economic units such as government, business firms, organizations and households (Campell, 2004 and Boma, 2018)
The results presented in table 4 revealed that, the four variables were statistically significant in influencing junior secondary school students’ academic performance in Cross River State
This result does not imply that the performance of junior secondary school students in the state was near perfection, it revealed that their academic performance was above average
Summary
Finance is concerned with the determination of economic value, acquisition, allocation, utilization and investment of resources to achieve the objectives of different economic units such as government, business firms, organizations and households (Campell, 2004 and Boma, 2018). Increasing school financial resources can contribute to such factors such as teacher quality, administrative capacity, students’ resources and facility investment which all have the potential to greatly affect student’s achievement. Ebenuwa cited in Nnamani et al (2014) avered that students’ academic performance affects the quality of human resources within the society It is true, because the manpower population of a country is a product of graduate output of various levels and types of educational institutions. It suggest that secondary school leavers output with low academic performance will bequeath to the society human resources without competence and capacity to drive the economy. This has become a major problem that requires urgent and serious solution
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
