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Financial decision making: teacher involvement and the need for trust

Geoffrey Newcombe (Business Manager, Kambala Girls’ School, Rose Bay, Australia)
John McCormick (Lecturer, School of Education Studies, University of New South Wales, Sydney, Australia)
Fenton Sharpe (Professor of Educational Administration, School of Education Studies, University of New South Wales, Sydney, Australia)

International Journal of Educational Management

ISSN: 0951-354X

Article publication date: 1 June 1997

1627

Abstract

Suggests that a desire on the part of teachers to be more involved in the corporate affairs of the school may stem from a lack of trust in the decision makers and the decision‐making processes. To assist those involved in the management of schools, presents a theoretical framework for research and a financial decision‐making model, based on the establishment of a management philosophy built on trust. Demonstrates how this model helps to differentiate management and classroom or technical decisional issues. Identifies the roles and responsibilities of those involved in the processes. Outlines procedures for effective financial decision making at the school site.

Keywords

Citation

Newcombe, G., McCormick, J. and Sharpe, F. (1997), "Financial decision making: teacher involvement and the need for trust", International Journal of Educational Management, Vol. 11 No. 3, pp. 94-101. https://doi.org/10.1108/09513549710163989

Publisher

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MCB UP Ltd

Copyright © 1997, MCB UP Limited

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