Common ground across the divide: financial management policies of schools in contrasting public education systems

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Abstract

Australian governments have granted differing levels of financial management authority and responsibility to their schools'exemplified in the largely decentralised Victorian and the largely centralised New South Wales (NSW) systems. To date insufficient consideration has been given to assessing the capacity of schools to actually manage their own finances and whether such capacity differs between centralised and decentralised systems. This paper reports on the financial management policies of two large regional high schools, one in Victoria and the other in NSW. Although these schools had been granted differing levels of financial management autonomy their financial management policies were found to be substantively similar. A potential explanation for this was subsequently found in the theory of institutions. Hypotheses from this theory are outlined and found to be supported by the research findings.
Original languageEnglish
Title of host publicationAFAANZ Conference 2005
EditorsJenny Stewart, David Hay
Place of PublicationMelbourne, Australia
PublisherAFAANZ
Pages1-32
Number of pages32
Publication statusPublished - 2007
EventAccounting and Finance Association of Australia and New Zealand (AFAANZ) Annual Conference - Gold Coast, Queensland, Australia, Australia
Duration: 01 Jul 200703 Jul 2007

Conference

ConferenceAccounting and Finance Association of Australia and New Zealand (AFAANZ) Annual Conference
Country/TerritoryAustralia
Period01/07/0703/07/07

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