Financial Management Practices and Financial Well-Being of Higher Education Institution Employees: the Moderating Role of Financial Literacy Original Research Article Country Philippines
The study aimed to investigate how financial literacy moderates the financial management and well-being of higher education institution employees. Data was gathered from 300 respondents working in higher education institutions using a non-experimental descriptive-correlational method. The researcher surveyed the respondents using a standardized instrument. Statistical tools such as Mean, Standard Deviation, Pearson r, Multiple Regression Stepwise, and Hierarchical Regression were utilized. The results indicated a high level financial management practices and financial literacy, with financial well-being at a moderate level. A significant relationship between financial management practices and financial well-being was established. The study demonstrated that financial management practices and well-being significantly impact employees’ financial literacy in higher education institutions. In contrast, financial literacy itself does not moderate financial management practices and well-being. The research findings provide valuable insights for administrators, H.R. managers, and policymakers, aiding in personal financial improvement, adoption of sound financial practices, and safeguarding financial well-being. The study's positive influence on achieving sustainable development goal 4.4 is evident through improved financial resources, responsible decision-making, and enhanced financial stability, contributing to overall economic stability. Keywords: financial management practices, financial well-being, financial literacy, moderating study, sustainable development goal 4.4, multiple regression stepwise
Leadership Communication and Audit Quality in County Governments in Kenya Original Research Article Country Kenya
Effective leadership communication is significant in ensuring there is quality audit within devolved governments in Kenya, an element fundamental in improving stakeholder trust, as well as transparency and accountability. This study investigates the influence of leadership communication on audit quality, focusing on how strategic leadership communication impacts the relevance and reliability of audit reports in decentralized governments. The study is anchored on transformational leadership theory which explores how inclusive, consistent and open communication practices strengths audit processes. 151 staff members from ten counties in the Mount Kenya region were considered as the target population drawn from Accountants, Auditors chief officers and County Executive Committee Members. Through a mixed-method approach, the study collected quantitative data from audit performance metrics and qualitative data via interviews with county executives. The findings revealed that counties where leaders prioritized on clear communication channels demonstrate higher audit quality characterized by fewer audit queries, increased public confidence and higher compliance with laid down accounting standards. Conversely, counties which had bottlenecks in the leadership communication struggled with accountability gaps and audit abnormalities. The study concluded that leadership communication acts as a conduit between policy intents and actionable plans which are indispensable elements in strengthening trust in public finance management. The study recommends that county officials should undergo mandatory training in leadership communication and embrace skills that promote transparency and accountability to enhance audit outcomes.
Analysis Quality Control of Milk Pie at Cv. Dhian Mandiri Company Original Research Article Country indonesia
Pages 26-34
I Gusti Ayu Cintya Rahayu || Cokorda Anom Bayu Sadyasmara || Dewa Ayu Anom Yuarini
CV. Dhian Mandiri is a company engaged in the souvenir industry, especially the production of milk pies. In its production activities, the company often experiences problems related to product defects. The purpose of this research was to determine the factors that cause damage to milk pie products at CV. Dhian Mandiri along with proposed improvements. The method used in this research is Statistical Process Control (SPC). The data used is data on the number of defective products in milk pie production for the July 2024 period. Data analysis using flow diagrams, histograms, pareto diagrams, control charts (p-charts), and fishbone diagrams. After conducting research, the product defects experienced in the company's production process were, defects in the deffect category, defects in the burnt category, and defects in the diameter category that did not match. In the Pareto diagram, it was found that the largest defect rate was defects in the deffect category of 48.78% and defects in the burnt category of 39.02%. In the p-chart there is no out of control data or defective product data is still under control. Fishbone diagram shows the causes of production defects due to factors of less careful labor, factors of oven machines that do not have temperature and time settings, kneading machines that do not have time settings, material factors that do not standards yet, and method factors that do not have written standard operating procedures. The results of the research are expected to be positive feedback for the company to be able to reduce product defects.
Pdf