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RELATIONSHIP BETWEEN FINANCIAL LITERACY AND FINANCIAL STABILITY: THE M...
1
Prince Amoako, Baffour Tutu Ky...
Presbyterian University, Ghana, School of Business, Department of Business Administration and Agribusiness. P.O. Box 59, Abetifi-Kwahu, Ghana
17-30
https://doi.org/10.5281/zenodo.19406922
Background: In many developing countries transitioning from agricultural to industrial-based
economies, financial literacy has emerged as an important determinant of overall household
economic stability. For the teachers in Ghana, however, financial challenges remain, including
the low and erratic nature of their salaries, few options to save and poor financial planning.
Although there are increasing numbers of two-income households, there is little research into
how household income structures mediate the relationship between financial literacy and
stability, specifically within the context of educators working in rural areas.
Objective: This study examined whether or not dual-income families act as mediators of the
relationship between teachers' financial literacy and their financial stability in the Kwahu East
District of Ghana.
Methods: The research methodology used was a quantitative cross-sectional survey based upon
a multi-stage sampling strategy, which selected 394 public basic school teachers.
Questionnaires, both structured and standardised, were completed by the participants, and data
were then analysed using descriptive statistics, Pearson correlations and mediation analysis
using PROCESS macros.
Results: Financial literacy had a significant positive effect on teachers' financial stability (β =
.355; p < .001), and dual-income families acted as a significant mediator in this relationship (β
= .449; p < .001). There was also a significant relationship between teachers' financial literacy
and dual-income family status (β = .596; p < .001). Teachers with greater levels of financial
literacy tended to engage in better savings practices, better manage debt, and have greater
financial confidence. Although financial literacy's influence on dual-income households was
statistically significant, its actual size of effect was smaller than it would have been if other
socio-economic variables had not intervened, such as the inconsistent payment of teacher
salaries and teachers' limited financial access.
Conclusion: Financial literacy is a strong determinant of teachers' financial stability, and dualincome family status is an important mediating factor. The findings expand our knowledge of
household financial dynamics in Sub-Saharan Africa and provide evidence of the necessity for
teachers' financial education programs to be designed and implemented in ways that take into
account the diverse needs of teachers from varying household structures.
HYBRID WORK SYSTEM AND ORGANIZATION RESILIENCE OF SELECTED CONSTRUCTIO...
This study investigates the impact of hybrid work systems on organizational
resilience in selected construction firms in Edo and Delta States, Nigeria. The study population
comprised employees from Setraco Construction Company (332 respondents), China Civil
Engineering Construction Corporation (25 respondents), Solid Construction Limited (7
respondents), and Alika Construction Company (6 respondents), totaling 387 participants. Data
were collected using a structured questionnaire and analyzed using descriptive statistics,
Pearson correlation, and regression analysis. Findings show that hybrid work systems are
positively associated with organizational resilience (r = 0.72, p < 0.05) and significantly
influence adaptability (B = 0.68, p < 0.05) and operational continuity (B = 0.65, p < 0.05).
Employees reported that hybrid work enhances flexibility (mean = 4.05) and communication
(mean = 3.80), while technology provision scored slightly lower (mean = 3.60). The study
concludes that hybrid work arrangements strengthen organizational resilience in construction
firms and recommends investment in technology, employee training, and formal hybrid work
policies.
HYBRID WORK PRACTICES AND CRISIS MANAGEMENT EFFICIENCY IN SELECTED CON...
This study examined the relationship between hybrid work practices and crisis
management efficiency in selected construction firms in Edo and Delta States, Nigeria.
Specifically, it investigated the effects of remote work flexibility, digital communication tools,
and coordination between on-site and remote teams on the ability of firms to anticipate, respond
to, and recover from crises. A descriptive survey research design was adopted, with data
collected from 223 employees across four construction firms using structured questionnaires.
The data were analyzed using descriptive statistics, Pearson’s correlation, and multiple
regression analysis. Findings revealed that all three components of hybrid work practices have a
significant positive impact on crisis management efficiency, collectively explaining 68.2% of
the variance in crisis response outcomes. The study concludes that hybrid work practices
enhance organizational resilience and operational continuity in construction firms and
recommends the adoption of clear remote work policies, investment in digital communication
tools, structured team coordination, and targeted employee training to maximize crisis
management effectiveness.
REFRAMING FAMILY WELL-BEING IN RAPID URBANIZATION: TOWARD A THEORY OF...
Rapid urbanization in the Global South has fundamentally transformed family
structures, intergenerational relations, and value systems. While governments increasingly
introduce policy frameworks to promote family well-being, such initiatives remain
predominantly technocratic, prioritizing measurable socioeconomic indicators while overlooking
the cultural and ethical dimensions that sustain relational life. This article develops a theoretical
framework of cultural governance of family well-being, arguing that sustainable family policy in
megacities must integrate institutional design, community mediation, and familial value
formation. Drawing on Aristotelian virtue ethics, interpretive cultural theory, and family
resilience scholarship, the study reconceptualizes family well-being as a culturally embedded
process of human flourishing rather than a purely administrative outcome. Using the context of
rapidly urbanizing Asian megacities as an analytical reference point, the article identifies key
urban value tensions—including economic instrumentalization, intergenerational divergence,
demographic aging, and digital individualization—that challenge normative continuity. In
response, it proposes a Family–Community–State triadic governance model grounded in ethical
alignment and participatory legitimacy. The article contributes to urban governance and family
policy scholarship by offering a culturally grounded framework applicable to developing
megacities seeking socially sustainable futures.