Effect of Budgetary Control on Performance of Public Universities in South – West, Nigeria
- Post by: airjournals
- April 19, 2023
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ABSTRACT
The focus of this study is the effect of budgetary control on performance of public universities in south – west, Nigeria. The study used primary data which were collected by means of questionnaires. The data were analyzed using statistical instruments such as normality test, multicollinearity test, descriptive statistics, bootstrapping test and multiple regression analysis. Two hundred and fifty-one questionnaires were administered and distributed among the staff of bursary department, physical planning unit and internal audit unit. However, two hundred and ten respondents, representing 83.7%, returned their completed questionnaires. The bootstrapping test shows that the independent and mediating variables at 95% confidence interval has the difference between upper limit and lower limit to be less than 1. This is an indication that the findings of the two hypotheses are valid. Consequently, the study revealed that there is effect of budgetary control on the performance of public universities in south – west, Nigeria. More so, it was found out that there is influence of human factors on budgetary control and thus affect the performance of public universities in south – west, Nigeria. Based on the findings, the study recommended that the government should improve the percentage of allocation to educational budget and adhere strictly on the implementation of this budget provision. The study contributed to the existing model specification in terms of projecting proven reliable proxies for the independent, mediating and dependent variables.
Keywords: Budgetary Control; Performance of Public Universities; South-West
Authored by
Prof. Babatunde R. Yusuf 1 and Misbahudeen Olabode Adebayo 2
FULL PDF DOI: 10.5281/zenodo.7842469