Financial resource allocation and organizational effectiveness in colleges of legal and Islamic studies in Nigeria.
Abdulrahman, S. O.; Bamiduro, J.A.Abstract:
This study investigated the relationship between financial resource allocation and organisational effectiveness in Colleges of Legal and Islamic Studies in 12 colleges randomly selected from three geo-political zones of Northern Nigeria. The findings revealed that recurrent expenditure had high and positive correlation with the organizational effectiveness; a low and positive correlation between capital expenditure and organizational effectiveness; and a moderate and positive correlation on internally generated revenue and organizational effectiveness. The authors recommended that the management of the colleges should consider generating more revenue from among other; consultancy services, college farms, rents from organizing conferences and workshops, especially those organized for eachers of Arabic and Islamic Studies in primary and secondary schools, and Judges in Lower Area Courts in Nigeria. They also recommended that staff union should pursue the establishment of national regulatory body for Colleges of Legal and Islamic Studies in Nigeria to enhance the chances of increasing the annual capital grants from Education Tax Fund (ETF) through the Federal Government.
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| Document Title: | Financial resource allocation and organizational effectiveness in colleges of legal and Islamic studies in Nigeria. |
| Journal: | Journal of Sociology and Education in Africa. |
| Volume: | 7 |
| Issue: | 1 |
| No. of Pages: | 47-64 |
| Document Type: | Journal Article (Peer Reviewed) |
| Subject Area: | Finance and Physical Resources |
| Country: | Nigeria |
| Keywords: | Financing Higher Education, Finacial Management, Finances, Colleges, Tertiary Institutions, Nigeria |
| File Size: | 297 KB |
| Rights: | Permission granted by author |
| Date Added: | 18 June 2009 |