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http://ir.lib.seu.ac.lk/handle/123456789/7
2024-03-29T12:23:34ZWorking capital management and firm value in emerging markets: the case of Sri Lanka
http://ir.lib.seu.ac.lk/handle/123456789/5803
Title: Working capital management and firm value in emerging markets: the case of Sri Lanka
Authors: Puwanenthiren, Pratheepkanth
Abstract: Working capital management, which involves managing cash, inventory, and accounts
receivable, affects a firm’s short-term attainment. The purpose of this paper is to seek
to investigate the relationship between working capital management and firm value in
Sri Lankan firms. Data from 100 Sri Lankan firms a period of five years (2014-2018)
are used for this purpose and analysed using the regression technique. The results
indicate that there is a strong positive relation between the firm’s cash conversion
cycle, number of day’s account payable and firm size and its firm value. Although,
number of day’s account receivable and number of day’s inventory are found to be
significant with negative sign. Overall the results imply that the Sri Lankan firms need
to concentrate their limited resources on managing cash conversion cycle in order to
be improve firm value.2020-10-01T00:00:00ZDividend policy and stock return of the non-financial companies: empirical evidence from Colombo Stock Exchange
http://ir.lib.seu.ac.lk/handle/123456789/5800
Title: Dividend policy and stock return of the non-financial companies: empirical evidence from Colombo Stock Exchange
Authors: Zahir, Zaha; Rajeshwaran, Nadarajah
Abstract: Dividend policy is company’s policy of distributing income to shareholders from
earnings. Dividend policy is measured by dividend per share, dividend yield and
dividend payout. Linkages between dividend policy and stock return is still obscure,
notably in non-financial companies. The objective of the study is to analyze the impact
of dividend policy on stock return of the non-financial companies listed in Colombo
Stock Exchange. The Purposive Sample comprises of 36 non-financial companies from
six sectors of Colombo Stock Exchange covering a time span from year 2014 to 2018.
Non-financial sectors selected for this study include Beverage Food and Tobacco,
Manufacturing, Chemicals and Pharmaceuticals, Health care, Power and Energy and
Motors. Data have been collected from annual reports of companies. Statistical
Package Stata 15.0 has been used to analyze and evaluate panel data using descriptive
statistics, Fixed and Random Effect. Finally, Hausman test was used to select the
appropriate model to explore the impact of dividend policy on stock return. This study
follows the fixed effect model. In order to explore the impact of independent variables
on stock return, three hypotheses have been developed and tested. Results reveal that
a positive impact is found for dividend per share, while there is a negative relationship
between dividend yield and stock return. The impact of dividend payout is deemed to
be insignificant. In addition, it is shown that firm size, asset growth and long-term debts
explain changes to stock return. It is concluded that dividend policy is relevant with
stock return for the non-financial companies listed in Colombo Stock Exchange.
Findings provide new insights for investors, company management and policy makers
to enhance the performance in stock market.2020-01-01T00:00:00ZFactors affecting the work life balance: study among the teachers of a government school in Sri Lanka
http://ir.lib.seu.ac.lk/handle/123456789/5799
Title: Factors affecting the work life balance: study among the teachers of a government school in Sri Lanka
Authors: Sareena Umma, M. A. G; Fathima Zahana, M. M
Abstract: The work life balance concept attracted by various researches and scholars, it is a
trending topic to achieve the organization success today. Hence the organizations are
using quality human resource and their work life balance for this purpose. Therefore
work-life balance is important not only for employees’ also employers too. Because
work life imbalance leads to dissatisfaction in life as well as in workplace. The
objective of the study is to assess the factors affecting work life balance of school
teachers, for this purpose the study selected three important variables through
literature review suit to the study context. Accordingly, workload, social support,
childcare was selected as the factors of work life balance as independent variables and
work life balance was selected as dependent variable. The researchers used a
structured questionnaire to collect the primary data using population study technique.
It was possible to collect 82 responses and this data used to analyze the reliability,
descriptive statistic, correlation and regression analyses. The results of the analysis
found that a negative relationship between workload, childcare with work life balance,
also a strong positive relationship found between social support and work life balance.
The multiple regression analysis disclosed that 57% variation of work life balance
explain by these three variables together. The result of the research will be helpful for
the school administrators, to identify the importance of work life balance in order to
improve the outcome of their schools.2020-10-01T00:00:00ZRole of defence forces of Sri Lanka during the covid-19 outbreak for nations branding
http://ir.lib.seu.ac.lk/handle/123456789/5798
Title: Role of defence forces of Sri Lanka during the covid-19 outbreak for nations branding
Authors: Jayawardane, Thesara V. P.
Abstract: World Health Organization (WHO) confirmed of a novel coronavirus on the 12th
January 2020, as the cause of a respiratory illness in a cluster of people in Wuhan
City, China. Even though the fatality ratio for coronavirus disease 2019 (COVID-19)
is comparatively lower than SARS, the transmission is greater. Therefore, Sri Lankan
government requested the general public to practice proper hygiene methods and selfquarantine methods to safeguard from this disease. Quarantine Law in Sri Lanka is
governed by the Quarantine and Prevention of Disease Ordinance No 3 of 1897.
Defence Forces of Sri Lanka played many roles in the fight against COVID-19 and this
research is an overview of the contribution they have made towards battling the
COVID-19 successfully. The purpose of this research is to identify the effectiveness of
the measures taken by the Sri Lankan government and the tri forces to stop COVID-19
spreading, which will provide an example for other countries to follow on how to
prepare, detect, and respond to similar outbreaks, which in turn will contribute
towards Nations Branding. This research is a qualitative study mainly undertaken with
content analysis of the information extracted from secondary data such as publications
of the local and foreign governments, research reports from Centres for Disease
Control and Prevention (CDC) and World Health Organization (WHO), magazines,
newspapers, TV programmes and websites. A few face-to-face and telephone
conversations were also conducted with key personnel of the defence forces to obtain
an in depth understanding and to clarify the accuracy of the results. The key
contributions made by Sri Lanka Army (Army), Sri Lanka Navy (Navy) and Sri Lanka
Air Force (SLAF) were identified in terms of its implications for Nations Branding and,
recommendations are made which includes methods to adopt when dealing with
COVID 19 in the future.2020-10-01T00:00:00Z