FINANCIAL LITERACY, ACCESS TO FINANCE AND THE PROVISION OF SCHOOL RESOURCES AMONG PRIVATE SCHOOLS IN NIGERIA
This study provides empirical data to expose the role of school owners' financial literacy in the relationship between access to finance and the provision of school resources among private schools in south west Nigeria. A multistage sampling technique was adopted to determine the partici...
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| Format: | Article |
| Language: | English |
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“Victor Slăvescu” Centre for Financial and Monetary Research
2024-12-01
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| Series: | Financial Studies |
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| Online Access: | http://fs.icfm.ro/Paper01.FS4.2024.pdf |
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| author | Tunji S. ONAKOYA Onoriode C. POTOKRI |
| author_facet | Tunji S. ONAKOYA Onoriode C. POTOKRI |
| author_sort | Tunji S. ONAKOYA |
| collection | DOAJ |
| description | This study provides empirical data to expose the role of school
owners' financial literacy in the relationship between access to finance
and the provision of school resources among private schools in south
west Nigeria. A multistage sampling technique was adopted to
determine the participants who participated as respondents in the
study. Three research instruments were adopted for the study. The
instruments used were the private school access to finance
questionnaire, a financial literacy questionnaire, and a school
resources checklist. Data collected were analysed using inferential
statistics of multiple regression and mediation analysis. The findings
show that access to finance significantly influences the provision of
school resources among private schools. The study also found that
school owners' financial literacy mediates the relationship between
access to finance and the provision of school finance among private
schools in south-west Nigeria. The study recommends that financial
literacy courses be included in the university's curriculum for
undergraduates and postgraduate students in the departments and
faculties of education of various universities in Nigeria. |
| format | Article |
| id | doaj-art-b96b93dd43e349b6bc02704196986972 |
| institution | Kabale University |
| issn | 2066-6071 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | “Victor Slăvescu” Centre for Financial and Monetary Research |
| record_format | Article |
| series | Financial Studies |
| spelling | doaj-art-b96b93dd43e349b6bc027041969869722025-02-10T10:55:26Zeng“Victor Slăvescu” Centre for Financial and Monetary ResearchFinancial Studies2066-60712024-12-01284628FINANCIAL LITERACY, ACCESS TO FINANCE AND THE PROVISION OF SCHOOL RESOURCES AMONG PRIVATE SCHOOLS IN NIGERIATunji S. ONAKOYA0Onoriode C. POTOKRI1Faculty of Education, University of Johannesburg, Johannesburg, Republic of South AfricaFaculty of Education, University of the Free State, Republic of South AfricaThis study provides empirical data to expose the role of school owners' financial literacy in the relationship between access to finance and the provision of school resources among private schools in south west Nigeria. A multistage sampling technique was adopted to determine the participants who participated as respondents in the study. Three research instruments were adopted for the study. The instruments used were the private school access to finance questionnaire, a financial literacy questionnaire, and a school resources checklist. Data collected were analysed using inferential statistics of multiple regression and mediation analysis. The findings show that access to finance significantly influences the provision of school resources among private schools. The study also found that school owners' financial literacy mediates the relationship between access to finance and the provision of school finance among private schools in south-west Nigeria. The study recommends that financial literacy courses be included in the university's curriculum for undergraduates and postgraduate students in the departments and faculties of education of various universities in Nigeria.http://fs.icfm.ro/Paper01.FS4.2024.pdfaccess to financefinancial literacyprivate schoolsschool resources |
| spellingShingle | Tunji S. ONAKOYA Onoriode C. POTOKRI FINANCIAL LITERACY, ACCESS TO FINANCE AND THE PROVISION OF SCHOOL RESOURCES AMONG PRIVATE SCHOOLS IN NIGERIA Financial Studies access to finance financial literacy private schools school resources |
| title | FINANCIAL LITERACY, ACCESS TO FINANCE AND THE PROVISION OF SCHOOL RESOURCES AMONG PRIVATE SCHOOLS IN NIGERIA |
| title_full | FINANCIAL LITERACY, ACCESS TO FINANCE AND THE PROVISION OF SCHOOL RESOURCES AMONG PRIVATE SCHOOLS IN NIGERIA |
| title_fullStr | FINANCIAL LITERACY, ACCESS TO FINANCE AND THE PROVISION OF SCHOOL RESOURCES AMONG PRIVATE SCHOOLS IN NIGERIA |
| title_full_unstemmed | FINANCIAL LITERACY, ACCESS TO FINANCE AND THE PROVISION OF SCHOOL RESOURCES AMONG PRIVATE SCHOOLS IN NIGERIA |
| title_short | FINANCIAL LITERACY, ACCESS TO FINANCE AND THE PROVISION OF SCHOOL RESOURCES AMONG PRIVATE SCHOOLS IN NIGERIA |
| title_sort | financial literacy access to finance and the provision of school resources among private schools in nigeria |
| topic | access to finance financial literacy private schools school resources |
| url | http://fs.icfm.ro/Paper01.FS4.2024.pdf |
| work_keys_str_mv | AT tunjisonakoya financialliteracyaccesstofinanceandtheprovisionofschoolresourcesamongprivateschoolsinnigeria AT onoriodecpotokri financialliteracyaccesstofinanceandtheprovisionofschoolresourcesamongprivateschoolsinnigeria |