Financial policies and performance of line managers in Universities in Uganda
This study analysed the effect of financial policies on the performance of line managers in Ugandan Universities. The field research was carried out in private and public universities. Every university had a financial policies so their line managers were expected to perform their duties effectively. The objectives of the study were to: assess the relationship between financial policies and departmental budgets; analyse the effect of budgets on the performance of line managers; and evaluate the influence of financial policy on the performance of line managers. The influence of financial policies on budgeting was established at 31%; the relationship between the budget function and performance was established at 18 %; and the effect of financial policies on the performance of line managers was established at 48%. The total causal effect was 54%. Therefore, the study recommended adoption of financial policies enhancing the performance of line managers.
Keywords: Financial policy; Line managers, Performance management