Effect of Financial Management Strategies on Governance Efficiency at Gilgil Paramilitary Academy, National Youth Service, Kenya
Year: 2025
Type: article
Study design: Observational Study
Abstract: Statement of the Problem: Governance inefficiencies at Gilgil Paramilitary Academy, National Youth Service (NYS), are linked to weak financial management strategies, leading to accountability gaps, irregular audits, and budget misallocation. These shortcomings have undermined resource utilization and institutional trust. Purpose of the Study: The study aimed to determine the effect of financial management strategies on governance efficiency at Gilgil Paramilitary Academy, National Youth Service, Kenya. Research Methodology: A correlational research design was adopted with a sample of 84 respondents drawn from management, technicians, and instructors. Data was collected through structured questionnaires and analyzed using descriptive and inferential statistics, including correlation and regression analysis. Findings: The study established a strong positive relationship between financial management strategies and governance efficiency, explaining 57.5% of the variance in governance outcomes. Budget control and accountability were identified as key weaknesses. Recommendations: The study recommends structured budgeting tools, regular audits, transparent digital reporting systems, and capacity-building initiatives to enhance accountability, compliance, and effective resource utilization. Keywords: Financial Management Strategies, Governance Efficiency, Budget Control, Internal Audits, Gilgil Paramilitary Academy.
DOI: 10.36713/epra24020
Language: English
Subfield: Management Information Systems
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4414498489
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