Abstract:
ABSTRACT
Free senior high school policy has been one of the educational interventions in
Ghana which has been of great benefits to parents, students and other
educational stakeholders. However, senior high schools in Ghana have been
faced with issues related to working capital management. This study was
conducted to assess the determinants of working capital management practices
in senior high schools in an era of free senior high school policy in the Central
Region of Ghana.The study employed the explanatory design. In all, 162
administrative staff directly involved in working capital management from 41
senior high schools in 8 districts were selected using the proportionate random
sampling techniques. Questionnaire was used for data collection. The data
collected were analysed using frequency, percentage, mean, standard
deviation, correlation, regression techniques, and independent sample t-test.
Findings revealed that competency levels had a significant positive effect on
working capital management. Experience of practitioners was reported to have
a significant positive effect on working capital management practices.
Competency levels were also shown to have a positive moderation effect on
the relationship between experience of practitioners and working capital
management practices. It was recommended that the Free Senior High School
Secretariat institute programmes to build administrative staff’s capacities to
enable them manage working capital effectively.
