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Education Commons

Open Access. Powered by Scholars. Published by Universities.®

2018

Walden University

Theses/Dissertations

Engagement

Finance and Financial Management

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Full-Text Articles in Education

Incorporating Stakeholder Input Into Financial Decision Making In California School Districts, Leann R. Nowlin Jan 2018

Incorporating Stakeholder Input Into Financial Decision Making In California School Districts, Leann R. Nowlin

Walden Dissertations and Doctoral Studies

As of June 2013, all California public school districts are required to incorporate stakeholder input into their operational goals and expenditures to increase stakeholder trust. Trust is a belief by one party in a transaction that the other party in the transaction will act in a way that is fair and in the interest of both parties. The problem is that no guidance or direction relative to the methods or extent to which stakeholder input should be gathered and incorporated was provided within the new regulations. Lawmakers and stakeholders had no insight into the effectiveness or level of school district ...