Financial decision making: teacher involvement and the need for trust

Suggests that a desire on the part of teachers to be more involved in the corporate affairs of the school may stem from a lack of trust in the decision makers and the decision‐making processes. To assist those involved in the management of schools, presents a theoretical framework for research and a financial decision‐making model, based on the establishment of a management philosophy built on trust. Demonstrates how this model helps to differentiate management and classroom or technical decisional issues. Identifies the roles and responsibilities of those involved in the processes. Outlines procedures for effective financial decision making at the school site.