Tag Archives: Financial Resources

Differential Relationships Between the Adequacy of Different Types of Family Resources and Psychological Health and Well-Being: A Meta-Analysis (Published)

This paper includes analyses of the relationships between the adequacy of three different types of family resources (basic resources, financial resources, time availability) and the psychological health and well-being of parents and other primary caregivers of children and adolescents birth to 18 years of age at-risk for poor outcomes. Meta-analysis was used to determine (a) the effect sizes between each type of family resource and psychological health and well-being, (b) the relative importance of each type of resource in explaining variations in psychological functioning, and (c) if the number of items used to measure each type of family resource moderated the relationships between family resources and psychological functioning. The study included 14 studies (N = 2,980 study participants) conducted in the United States between 1986 and 2018. Nine different scales were used to measure the study participants’ psychological health and well-being. All three types of family resources were significantly related to the study participants’ psychological functioning. The size of effect between time availability and health and well-being was larger than the sizes of effect between basic and financial resources and psychological functioning. The larger the number of items used to measure financial resources, the poorer the study participants’ health and well-being. In contrast, the larger the number of items used to measure time availability, the better was the study participants’ psychological functioning. The overall pattern of results is consistent with both family stress theories and family systems theories in terms of the importance of family resources as a determinant of healthy psychological functioning. Additionally, the different sets of analysis provided converging evidence about the relative importance of time availability as a family

Keywords: Family resources, Financial Resources, Well-being, basic resources, meta-analysis, psychological health, time availability

Efficiency and Accountability of Public Sector Revenue and Expenditure in Nigeria (1970-2014) (Published)

Nigeria is the sixth largest producer of oil and gas in the world, but the average Nigerian on the street is poor and there is poor infrastructure like power supply, roads, hospitals etc. This study examines the efficiency and accountability of public sector revenue and expenditure in Nigeria (1970-2014). Data on total federal government revenue and expenditure, state governments’ revenue and expenditure were collected from Statistical bulletin from the Central Bank of Nigeria from 1970-2014. The results were analysed using relevant statistical tools. The findings reveals that the level of accountability is very poor in Nigeria because the attributes of accessibility, comprehensiveness, relevance, quality, reliability and timely disclosure of financial information, social and political information about government activities are completely non available or partially available for the citizens to assess the performance of public officers mostly the political office holders. Conclusively and evidently the study has revealed that there is significant relationship between efficiency of public sector expenditure, recurrent expenditure and capital expenditure in Nigeria from 1970-2014. On the basis of these, the paper recommends among others that for accountability to be successful in the management of public funds in Nigeria there must be a reduction in the level of corruption, improving public sector accounting and auditing standards, legislators as champions of accountability and restructure the public accounts committees and the value of money must be applied in the conduct of government business.

Keywords: Accountability, Financial Reporting, Financial Resources, Management, Nigeria, Public Finance, Public Sector Accounting