Analysis of the Impact of the Personal Finances of the Promoter on the Cash Flow of His High School: Case of Mali

Abstract

The main objective of this study is to analyze the impact of the personal finances of the promoter of a high school on the cash-flow of his establishment. A multiple linear regression model was used to analyze data collected from 53 randomly selected private high schools at the right bank academy in Bamako.Our results show that on the one hand, the promoter’s personal expenses and investments have a negative impact on the high school’s cash flow, personnel costs and running costs ; on the other hand, the budgetary management, the incomes and the relationship with the promoter’s personal bank have a positive impact on them.The results of this study could help high school promoters to find a balance between managing their high school’s cash-flow and their personal finances. They could also contribute to the scientific literature on the subject.

Keywords: Private high school, Treasury, Personal finance, Promoter

DOI: 10.7176/EJBM/15-10-01

Publication date:May 31^st 2023