Browsing by Author "Karunarathne, W. V. A. D."

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    FORMATIVE AND SUMMATIVE ASSESSMENT AND ITS IMPACT ON COURSE UNIT PERFORMANCE: EVIDENCE FROM MANAGEMENT UNDERGRADUATES OF UNIVERSITY
    (The Library, University of Kelaniya, Sri Lanka., 2024) Weligamage, S. S.; Karunarathne, W. V. A. D.; Karunarathne, R. A. I. C.
    Assessment plays a fundamental role in education. The primary purpose of this study is to examine the effect of formative and summative assessment on students’ performance in the course units. To achieve this objective, we designed this study as a multi-stage study, and this paper presented the data collected in stage one of the study. First, we examined the existing practices of formative and summative assessment in evaluating students’ performance; then, we examined the relationship between formative and summative assessment and the students’ performance of different course units. Furthermore, we examined the impact of formative and summative assessments on the performance of different course units. We collected secondary data from two selected departments of the Faculty of Commerce and Management Studies, University of Kelaniya, which aimed to see the effect of changing the composition of each assessment method on the final evaluation. We choose the course units which represent the main course units offered by the faculty. This study's findings revealed that the student's final performance of the course unit is highly related to the summative assessment, and the formative assessment score varies according to the type of assessment, i.e., individual vs group. Individual assessments have a more impact on final course unit performance. The outcomes of this study, theoretically as well as practically is very vital and important for policy design in higher education.
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    The Mediating Effect of Knowledge Management on Intellectual Capital and Value Creation: Evidence from Sri Lanka
    (Faculty of Commerce and Management Studies, University of Kelaniya., 2023) Karunarathne, W. V. A. D.; Weligamage, S. S.; Wanigasekara, W. A. D. K. J.
    This paper aims to investigate the impact of Intellectual Capital on Value Creation mediated through Knowledge Management in Sri Lankan companies. The ‘static’ and the ‘dynamic’ aspect of knowledge and the theoretical models, which are based on the relationship between Intellectual Capital and Knowledge Management forced the authors to address this research problem. The study was based on the top corporate personnel’s views collected through a self-administered questionnaire. Out of 297 Public Listed Companies listed on Colombo Stock Exchange and 517 private companies registered in Ceylon Chamber of Commerce, 263 companies were selected as the sample. Value creation was measured through both non-financial value drivers and financial value drivers, which was an innovative feature of this study. The data was analyzed using multivariate analysis through Partial Least Square Structural Equation Modeling. The findings confirmed a partial mediation of knowledge management. Further, findings revealed a significant and positive impact of intellectual capital on value creation and a significant positive impact of intellectual capital on knowledge management. The impact of knowledge management on value creation was also a significant positive one.