Influence of Strategic Financial Initiatives on Academic Performance in Public Secondary Schools in Kisii County, Kenya

Abstract: Strategic financial initiatives in schools can bring about change in students’ academic performance. The dismal performance in Kisii County has raised concern from all stakeholders in the education sector. The purpose of this study was to establish the influence of strategic financial initiatives on students’ academic performance in public secondary schools in Kisii County, Kenya. The study’s objective was to determine the influence of financial strategic initiatives on academic performance in Kisii County public secondary schools; a theory of Education Production Function that relates inputs in education to output was applied. The study employed a descriptive survey design. A population target of 353 principals and 4354 teachers was considered from 353 public secondary schools in Kisii County. Slovin’s formula with a margin error of 0.05 was used to sample 28 principals and 341 teachers as respondents. Stratified random sampling was used to get school categories: 2 schools in the national category, 24 schools at the county level, 37 county schools, and 166 secondary schools the for sub-county category. Instruments for this research include ed: the observation schedule used by the researcher, questionnaire for teachers, and interview schedule for principals. School of Education Kisii University’s supervisors ascertained the validity of the research instruments. Questionnaires were considered reliable since Cronbach’s Coefficient Alpha 0 .998 obtained was higher than the critical Cronbach alpha of 0.7 on a scale of -1 to +1. Test re-test method was done through a pilot study of 27 public secondary schools from Nyamira County with similar characteristics as the area of study. Data were analyzed both qualitatively and quantitatively. Qualitative data and interview schedules were organized based on the themes of study and research objectives. Percentages means and frequency distribution tables were used to present data for easier interpretation. Analysis of Variance (ANOVA) was used to analyze quantitative data from Likert scales. Regression analysis was used to show the influence of the financial initiatives(independent variable) on the dependent variable; academic performance. This study’s findings were: strategic financial initiatives influence academic performance greatly in Extra County and national schools than in county(average/good) and subsequently in sub-county secondary schools Keywords: Strategic Financial Initiatives, Academic Performance, Public secondary schools, Kisii County, Kenya. Title: Influence of Strategic Financial Initiatives on Academic Performance in Public Secondary Schools in Kisii County, Kenya Author: Mr. Oyaro Evans Omwando., Dr. Getange Kennedy, Dr. Obuba Enock International Journal of Novel Research in Education and Learning ISSN 2394-9686 Vol. 9, Issue 4, July 2022 - August 2022 Page No: 1-9 Novelty Journals Website: www.noveltyjournals.com Published Date: 01-July-2022 DOI: https://doi.org/10.5281/zenodo.6788281 Paper Download Link (Source) https://www.noveltyjournals.com/upload/paper/Influence%20of%20Strategic%20Financial-01072022-7.pdfInternational Journal of Novel Research in Education and Learning, SSN 2394-9686, Novelty Journals, Website: www.noveltyjournals.co