What are the Consequences of Financial Mismanagement?
The consequences of financial mismanagement can be severe and far-reaching:
Public Health Impact: Mismanaged funds can lead to inadequate response to public health emergencies, resulting in higher morbidity and mortality rates. Loss of Trust: Financial mismanagement can erode trust among stakeholders, including funding agencies, policymakers, and the public. Reduced Funding: Funding bodies may reduce or withdraw financial support if mismanagement is detected, affecting future research and intervention programs.
