Financial Resources Research Articles

Systematic Review of the Effect of Financial Management Practices on Service Delivery in Secondary Schools

In this systematic review analysis design, we explore the available peer-reviewed literature on the effect of financial management practices on service delivery in African secondary schools. Specifically, we reviewed the effect of budgeting, auditing and financial internal control on the service delivery in secondary schools. Study findings reveal that budgeting ensures effective implementation of education programs. In addition, the activities in the secondary school system are adequately planned and allocate resources apportioned to ensure effective execution and implementation. Besides, audits of school accounts result in good financial management and effective control mechanism that ensures overall operational efficiency. From the results of this review, we hereby suggest that Head teachers need to manage financial resources more responsively for effective performance and fulfilling of institutional needs, those of the teachers, students and other stakeholders of respective secondary schools. It is very crucial for school administrators and support staff in charge of finances and resource mobilization to regularly attend professional development course in order to acquire relevant financial skills and competencies required for effective management of resources in the school so as to tremendously improve on the quality of secondary schools’ service delivery.

ЗАБЕЗПЕЧЕННЯ ЖИТТЄЗДАТНОСТІ ТЕРИТОРІАЛЬНИХ ГРОМАД УКРАЇНИ В УМОВАХ ПОДОЛАННЯ ФІНАНСОВИХ ТА ІННОВАЦІЙНИХ ВИКЛИКІВ

Decentralization of power in Ukraine is one of the priority reforms of the modern state system, which has caused serious changes in the financial and innovation policy of territorial communities, and also acts as an institutional basis for the economic progress of territories, which requires an in-depth analysis of the financial capacity of territorial units and their innovative activity to identify potential and threats on the way to sustainable development. The purpose of the research is theoretical substantiation and development of management approaches to eliminate financial and innovative challenges of territorial units in conditions of decentralization of power, in particular in Transcarpathian region, as well as providing practical recommendations on strengthening local budgets and promoting innovative progress. The object of the research is the financial self-sufficiency and innovative activity of the territorial units of Ukraine, in particular the Transcarpathian region. The methods of the research used in the research are general scientific methods, in particular, historical, dialectical, comparative, phenomenological, systemic analysis and the method of generalization. The hypothesis of the research is that effective management of financial resources and purposeful development of innovative activity in territorial communities will contribute to stable economic growth in conditions of decentralization. The statement of basic materials. The decentralization of power in Ukraine has led to significant changes in the financial and innovation policy of territorial communities, providing greater autonomy in the management of local budgets and increasing responsibility for their effective use. In Transcarpathian region, the reform process took place more slowly due to the uneven distribution of resources and economic assets, which limited the even development of communities. Despite these difficulties, decentralization has created conditions for strengthening financial independence and stimulating innovation at the local level. During 2021-2022, a general increase in revenues to the budgets of territorial communities was observed, in particular due to the contributions of six districts of Transcarpathia, which confirms the positive impact of the reform on economic development. However, the war in Ukraine negatively affected the financial capacity of communities, creating new challenges that require innovative solutions and adaptation to ensure sustainable economic growth. The originality and practical significance of the research lies in the development of management mechanisms for overcoming financial and innovative challenges of territorial communities, in particular in the Transcarpathian region. Conclusions and perspectives of further research. Decentralization of power is a positive change for the financial and innovative development of territorial communities, as it has managed to significantly increase their self-sufficiency. Further scientific research should focus on a more detailed thorough analysis of the impact of decentralization on the financial capacity of territorial communities of the Transcarpathian region, as well as an assessment of the effectiveness of existing and potential innovative strategies at the local level.

Barriers to implement energy efficiency strategies to heating, ventilation, air conditioning of airside system in commercial buildings in Sri Lanka

At present, debates on climate change, fossil fuel depletion, and energy saving highlight the need for a sustainable built environment to reduce energy consumption and emission trends. The Heating, Ventilation, and Air Conditioning (HVAC) system is a priority due to its significant share of a building’s electricity consumption. While energy efficiency strategies for central air conditioning systems focus on both waterside and airside components, implementing airside efficiency strategies is notably lacking in Sri Lanka. This is a concern because airside inefficiencies lead to excessive energy use, higher operational costs, and compromised indoor air quality. Thus, the study aims to address this gap by identifying the barriers to implementing energy efficiency strategies for HVAC airside systems in Sri Lankan commercial buildings. To explore these barriers, a qualitative research approach was employed, involving interviews with 17 industry experts. The study identified 27 barriers, with key barriers being a lack of technical expertise, rapid technological advancements, misalignment with organisational objectives, limited financial resources, inadequate training and technical knowledge, and insufficient regulatory support. The insights gained from this study can assist industry professionals in enhancing HVAC energy performance and encourage further academic research on this sub-branch of HVAC systems in the Sri Lankan context.

Advanced Personal Budget Analytics: Combining Optical Character Recognition and Natural Language Processing for Automated Budget Categorization and Insight Extraction

A budget tracking system is a tool designed to help users monitor their financial resources, categorize expenses and control their financial resources. An Intelligent Personal Budget Analysis System is designed to redefine personal finance management. IntelliFinance is a user- friendly app designed for seamless and efficient daily expense management removing the necessity for conventional paper documentation. This project inculcates the concepts of Computer Vision, Machine Learning and Data Analytics, aims to surpass traditional budget tracking by incorporating innovative features such as receipt scanning and analysis. The project is implemented using Android Studio and Firebase, incorporating advanced features such as Optical Character Recognition (OCR) to capture receipt images, extract text, and process it for further analysis. Firebase ML Kit is utilized for scanning and text recognition, while Natural Language Processing (NLP) is applied for categorizing the extracted text. The system provides a personal budget analysis that enhances the accuracy of financial tracking by offering users a comprehensive overview of their spending habits, complemented by detailed reports and visualizations. Ultimately, this project serves as a financial companion, empowering users to take control of their finances, make informed decisions, and achieve their financial goals.

The evolution of transnational municipal knowledge networks

AbstractThe recent growth of transnational municipal networks requires a better understanding of their evolution. For some actors, this growth has resulted in arbitrary or top‐down decisions on network membership followed by low commitment and inefficient use of time and financial resources. By reinterpreting secondary data through an evolutionary approach, this paper argues that the overall systemic nature of the networks is shaped not only by their institutional settings and the composition of actors but also by a set of specific qualities (coherence, boundedness and unified function) that may change over time. Based on the network perspective and system approach, the paper advances our understanding of transnational knowledge networks and the maximising of their effectiveness. Using exemplars, it suggests a conceptual framework for the evolution of transnational municipal knowledge networks.

MONITORING ACTIVITY IN THE RISK-ORIENTED INTERNAL AUDIT: A MODEL PROPOSAL

The purpose of this article is to make a proposal for process development for monitoring activities in a way that includes experiences gained from audits conducted in order to achieve the goal of risk-oriented internal audit function in institutions and to contribute a guiding study on the subject to the literature. In this study, first of all, the risk-oriented internal audit approach and monitoring process are explained with the document analysis method, and then a model for the monitoring process is presented and conclusions and recommendations are made. By using the document analysis method and the features of the risk-oriented internal audit approach, an original application process was compiled to test the risk and control processes for the internal audit activities required for an effectively functioning monitoring system. It is suggested that risk- oriented internal audit will be an important tool in increasing the added value for institutions with the monitoring system designed for risk- oriented internal audit activity, which examines the processes and offers suggestions for areas of development in order to ensure that all financial and non-financial resources are used effectively, economically and efficiently and to add value to the work of the organization.

“I had no idea”: At-Risk College Student Knowledge of Financial Aid and Resources

“I had no idea”: At-Risk College Student Knowledge of Financial Aid and Resources

The Impact of Artificial Intelligence on Project Management

Over the past decade, artificial intelligence (AI) has emerged as a transformative technology, particularly in project management. This study examines its impact in Latin America, with a focus on Ecuador. There is significant interest in AI adoption in Ecuador, driven by favorable policies, economic conditions, and technological advancements. Most respondents are educators, scientific researchers, and department heads, highlighting the relevance of AI in educational and scientific fields (Fernández & Fernández, 2019; Hassan, Khairudin, & Nasir, 2019). Large organizations, with more than 200 employees, are better positioned to adopt AI due to their greater financial and technical resources (Chui, Henke, & Miremadi, 2020). However, significant barriers persist, such as technological limitations, budgetary constraints, and a lack of managerial support, which complicate its implementation (Smith & Lazarus, 2021). Despite these barriers, most respondents anticipate a significant increase in AI adoption over the next five years, although doubts and challenges remain that must be addressed to ensure successful and sustained implementation (Jones, Patel, & Smith, 2019). This analysis underscores both the opportunities and challenges that AI faces in project management in Ecuador, emphasizing the need for a comprehensive approach to maximize its benefits.

Insights From Community Organizations Collaborating With Government and Academia to Foster Health Literacy.

The COVID-19 pandemic disproportionately impacted ethnic minority and other underserved communities, prompting the federal government to fund community-led health literacy initiatives. This evaluation shares challenges and lessons learned, and identifies best practices from community-based organizations (CBOs) partnering with academia and local government to support health literacy programming. In 2023, 20 representatives from 12 CBOs in Southern California responded to an interviewer-administered survey, including open-ended questions about lessons learned. We analyze text data to identify key themes. CBOs expressed a need for additional financial resources and technical assistance, including grantsmanship training, access to in-language resources, support to build and use in-house evaluation systems, and greater university oversight for student collaborators. Respondents highlighted the importance of community engagement efforts to build trust and enhance the uptake of programming. They also stressed the need for specialized training of community health workers engaged in health programs and the utilization of population sub-group data to inform policy and funding development to better serve communities' needs. CBOs are eager to partner with government and academia and acknowledge the need for targeted support and resources that can be facilitated through multisectoral partnerships. We offer recommendations and actionable strategies for funders and academia to create and improve equitable partnerships with CBOs. Partnerships that address the needs and systemic barriers experienced by ethnic minority communities will support local public health goals while fostering resilience and health equity.

Research on factors affecting green financial development in Vietnam

This study was conducted to examine the factors affecting the development of green finance in Vietnam.Using quantitative research methods, based on a survey of 152 employees and managers of 7 financial institutions and 7 large enterprises in Vietnam. The research results show that there are 5 factors that have a similar and direct impact in descending order on the development of green finance in Vietnam, specifically as follows: The level of awareness and demand for green investment; Legal environment; Economic environment; Institutional capacity; and International finance. These findings underscore the importance of raising awareness, attracting green investment, and leveraging international financial resources. Based on the results of the study, a number of incentives are offered to stakeholders to promote green finance, including strengthening the regulatory environment, improving institutional capacity, raising awareness and demand for green investment, leveraging international finance, and maintaining a favorable economic environment. This study contributes to a better understanding of the factors affecting the development of green finance in Vietnam, thereby providing important insights to develop effective policies and strategies to promote this sector in developing countries

Instrument of the Legal Mechanism of Tax Revenues to the State Budget

The article presents the economic essence of the state budget of the country as an instrument of the legal mechanism of tax revenues, which allows the state to influence consumption, investment and export, as well as redistribute budget funds in favor of the neediest sectors of the economy. The authors define the instruments of public administration as an integral part of economic regulation of the socio-economic development of the Kyrgyz Republic, as well as the main areas of use of public financial resources, financing methods and the main sources of replenishment of the treasury. The source of the study was the works of scientists considering issues of the state budget. A set of research methods with an emphasis on theoretical and practical methods was used.

Impression management strategies, entrepreneurial reputation, and financial resource acquisition: an empirical study in entrepreneurship

Impression management strategies, entrepreneurial reputation, and financial resource acquisition: an empirical study in entrepreneurship

Participatory management and its impact on local development in the canton of La Libertad, Santa Elena province

The objective of this article is to evaluate the impact of participatory management on local development in the canton of La Libertad, Santa Elena province. Several techniques and tools were used to address the challenges identified and ensure the active and equitable participation of all sectors of the community in the decision-making process and project implementation. The study employed descriptive research based on qualitative data collection and analysis, including interviews with key local stakeholders, document review and participant observation. The results reveal that participatory management has had a positive impact on several aspects of local development. First, there has been a strengthening of the social fabric, with greater collaboration and solidarity among local inhabitants. This active participation has generated a sense of belonging and shared identity, fundamental for addressing common challenges and promoting more integrated and sustainable development. The need was identified to strengthen the technical and organizational capacities of local stakeholders, as well as to ensure adequate financial resources and maintain an ongoing commitment to citizen participation.

Bridging the gap: financing health promotion and disease prevention in Indonesia

BackgroundSpending on preventive care in low- and middle-income countries (LMICs), including Indonesia, is much lower than spending on curative care. There has been a pressing need to develop a clear pathway to increase spending on preventive care. This study aimed to assess the current financing landscape for health promotion and disease prevention in Indonesia and, subsequently, to develop a framework and recommendations for future health promotion financing in the country.MethodsWe adopted a mixed-method approach to gather information from all relevant stakeholders from December 2022 to June 2023. For the qualitative approach, we conducted (a) in-depth interviews (IDIs) and (b) focus group discussions (FGDs) with government officials at national and district levels, academics, professional organizations, healthcare workers in primary healthcare centres (PHCs), community health volunteers, non governmental organizations and private companies. For the quantitative approach, we applied a national online survey to healthcare workers involved in health promotion in PHCs. IDIs and FGDs were conducted with purposefully selected resource persons at the national level, five selected districts across Indonesia, and within 15 primary health offices and their communities. All qualitative data were recorded, transcribed, coded, interpreted, and then triangulated with national survey findings to develop the financing framework.ResultsWe identified gaps between the theory and practice of health promotion and disease prevention. These included the limited scope of health promotion initiatives, lack of direction and coordination between ministries, agencies and government levels, limited availability and capacity of health promoters, various yet uncoordinated funding resources and inflexibility in using the funds. To bridge the gap, the framework we developed suggests strengthening the legal and regulatory basis, strategically prioritizing financing arrangements, promoting evidence-based health promotion activities, developing the capacity of health promoters, enhancing the health financing information system and improving monitoring and evaluation.ConclusionsIdentified gaps and challenges in health promotion and disease prevention initiatives inform the development of our framework for future health promotion financing. This framework assists the national government in organizing national health promotion financing strategies and potentially serves as a valuable model for other LMICs.

Development and Validation of a Pediatric Celiac Disease-Specific Quality of Life Measure.

Quality of life (QOL) is critical in screening and management of chronic medical conditions, including celiac disease (CD). This project aimed to develop a CD-specific pediatric QOL measure ("CDLIFE") with parallel self- and parent-report forms by generating items through concept elicitation interviews, iterative refinement using cognitive debriefing interviews, and evaluating its psychometric properties and validity. Concept elicitation interviews were conducted to develop items (nine youth ages 8-19 with CD; 10 parents of youth with CD), followed by cognitive interviews with additional stakeholders (three youth with CD, three parents, and eight clinicians), and item administration (parent/youth reports: n=103/102). Analyses included response frequencies, internal consistency reliability, exploratory factor analyses, and correlations with related measures (PROMIS, PEDSQL, and GFD-VAS). From concept elicitation interviews, 42 youth and 45 parent items were developed. Cognitive debriefing interviews yielded 36 refined items. Psychometric analyses identified 15 items to remove due to ceiling/floor effects, poor item-to-test correlations; youth-parent mismatch or conceptual mismatch. Total score internal consistency was high (alphas=0.89-0.90). A four-factor model solution had the best fit (Social Impact, External Support, Adaptive Vigilance, Eating Behaviors/Adjustment) with a fifth single-item domain (Financial Resources). The final CDLIFE (21 items) total scores correlated with most related measures in expected directions for parent and youth forms. The CDLIFE may facilitate insight into CD-specific QOL for youth ages 2-18 years, capturing important dimensions of physical and socioemotional health. Administering the CDLIFE will help identify and track families needing support.

The roles of employment status and income in the mental health of informal caregivers in Germany

BackgroundInformal caregivers often experience multiple negative consequences as a result of the informal care they provide. Among other factors, employment status, financial resources, and mental health are related to informal caregiving. This analysis examined the association between informal caregivers’ employment status and their mental health, as well as the moderating effect of net household income on this relationship.MethodsThe research question was addressed with data from the German Socio-Economic Panel (SOEP) survey, comprising 3,053 informal caregivers (1,007 male; 2,046 female). Data were obtained through self-reports, and mental health was measured with the Summary Scale Mental Score. Stepwise adjusted multiple linear regression models were used to examine the association between employment status and mental health. The moderating effects were tested with interaction terms. All analyses were also stratified for gender.ResultsInformal caregivers with full-time jobs reported better mental health than unemployed or marginally employed caregivers (β = 0.077, p < 0.001). The significant interaction term for full-time (β=-0.066, p = 0.001) and part-time workers (β=-0.066, p = 0.003) indicated a moderating effect of net household income on the association between employment status and mental health. This finding was especially evident in women.ConclusionsEmployment appears to be a relevant protective factor for informal caregivers’ mental health. However, if informal caregivers are not employed, a low net household income might additionally restrict their mental health. Therefore, welfare policy structures must be created to reduce the negative financial consequences for informal caregivers and enable them to achieve work-life-care balance.

Homeland social media as a field of negotiation: Creative strategies of China’s Wanghong in Japan

This article investigates how China’s Wanghong (a Chinese term referring to online influencers’) in Japan engage in cultural and economic practices through transnational homeland social media. Particular attention is given to the characteristics of how they utilise Chinese social media and the ways in which pressures emanating from the homeland-media environment have moulded their distinctive approaches to participating in media practices. Combining qualitative and quantitative methodologies, the data on which this research is based consists of China’s statistical data concerning Wanghong, empirical data generated from interviews with nine China’s Wanghong in Japan, and online participant observations of their media practices. The results of this study reveal that Wanghong must contend with the deep-rooted Sino-Japanese hostilities in the patriotic context of homeland media, as they are largely dependent on Chinese advertisers for their financial resources. Consequently, homeland media becomes a field of negotiation where Wanghong cope with environmental pressures and negotiate their identities and actions, with identity performance and placemaking serving as the creative-compromise strategies they adopt.

Optimizing sheep growth curves using a meta-heuristic algorithm.

Sheep were among the first animals domesticated by humans, and to this day, small ruminants are primarily raised for their meat, milk, and wool. This study evaluated the goodness of fit for growth curve models using observed age and weight data from crossbred lambs of various breeds based on the mean values between paired breeds. We employed a hybrid metaheuristic algorithm, combining a simulated annealing (SA) algorithm and a genetic algorithm (GA) called SAGAC, to determine the optimal parameter values for growth models, ensuring the best alignment between simulated and observed curves. The goodness of fit and model accuracy was assessed using the coefficient of determination (R2), Mean Absolute Error (MAE), Root Mean Square Error (RMSE), and Mean Absolute Percentage Error (MAPE). Errors were measured by comparing the criteria differences between simulated and observed data. Thirty crossbreed combinations were simulated, considering the average weight. Analysis of the observed and simulated growth curves indicated that specific crossbreeding scenarios produced promising results. This simulation approach is believed to assist geneticists in predicting potential crossbreeding outcomes, thereby saving time and financial resources in field research.

Visa policy and international student migration: evidence from Canada

Abstract This article examines how visa policy affects international student migration. Using administrative data on community colleges in Canada, we evaluate a reform that introduced a new visa stream—the Student Partners Program (SPP)—with shorter processing times and higher approval rates for student visa applicants able to demonstrate that they have the financial resources and language skills to succeed academically. Using a triple difference estimator, we find that SPP increased student migration from treated countries by 34% relative to what would have occurred without the reform, and that this effect materialized only among students from origin countries suffering from low approval rates. Moreover, we show that higher enrollment was driven in roughly equal proportions by an increase in visa approval rates and the volume of visa applications, suggesting that the policy helped reduce statistical discrimination and increased the attractiveness of treated institutions. We also leverage the SPP reform to investigate potential crowding-out effects. While inflows of international students did not reduce the number of domestic students enrolled at Canadian community colleges, the reform helped foreign enrollment outpace domestic enrollment by crowding-in international students from countries that were not eligible to SPP.

Firm-Level Digitalization for Sustainability Performance: Evidence from Ningbo City of China

Climate change is a significant and urgent threat, gaining traction in the scientific community around the globe and requiring immediate action across many sectors. In this context, the digital economy could provide a mutually beneficial solution by utilizing innovation and technical breakthroughs to establish a sustainable future that addresses environmental deterioration, promotes economic growth, and encourages energy conservation. Against this background, this study examined the diffusion of innovation modeling-based factors affecting small and medium-sized firms’ (SMFs) adoption of the Internet of Things (IoT) technology and its impact on SMFs’ sustainability performance related to environmental, economic, innovation, and energy conservation perspectives. The key findings revealed that (i) the relative advantage, trialability, and observability drive IoT adoption. However, compatibility and complexity hinder IoT adoption. (ii) When prioritizing the adoption factors, the relative benefit is the strongest driver, and compatibility is the most significant barrier to IoT adoption. (iii) IoT technology adopter SMFs spent less on natural resources and more on renewable energy and environmental monitoring systems than non-adopter firms, boosting their environmental sustainability. (iv) IoT technology adopter firms had greater revenue, profits, and credit access than non-adopters and lower input costs, improving their economic sustainability. (v) IoT adopter firms spent more on innovative products than non-adopter enterprises, demonstrating innovation performance. (vi) Compared to non-adopter firms, IoT technology adopter SMFs had lower utility expenses and spent more on energy-efficient technologies. (vii) To realize the full potential of the IoT for a more sustainable and inventive future, authorities may pursue a variety of policy actions involving the strengthening and implementation of IoT technology standards and regulations, securing the incentivization of financial resources to SMFs, diverting the allocation of resources to research and development avenues, prioritizing the capacity development and environmental awareness, and focusing on IoT infrastructure development.