ICARE 2018
Permanent URI for this collectionhttp://repository.kln.ac.lk/handle/123456789/19607
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Item The Impact of Intellectual Capital on Firm’s Market Value and Financial Performance(4th International Conference for Accounting Researchers and Educators, Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2018) Ganegoda, G.P.S.K.; Karunarathna, W.V.A.D.Intellectual capital has a huge impact on the firms’ value creation process and it will also generate competitive advantage to the organization with the development of knowledge based economy. The study aims to identify the impact of intellectual capital on firm’s market value and financial performance of the bank, finance and insurance sector and manufacturing sector in Sri Lanka. Return on asset and market to book value are separately used as dependent variables. The Value Added Intellectual Coefficient (VAIC) method introduced by Pulic (2000) is used to measure the intellectual capital of the firm. The study used secondary data of 15 bank, finance and insurance sector companies and 15 manufacturing sector companies covering the period of 2012 to 2017. Data were analyzed using linear regression model and used E-Views software to perform statistical tests. The results revealed that intellectual capital significantly impact to the firm’s financial performance in bank, finance and insurance sector. However, according to the results there was no significant impact of intellectual capital on firm’s financial performance in manufacturing sector. Furthermore, intellectual capital has no significant impact on firm’s market value in both sectorsItem The Impact of Sustainability Reporting on Organization Performance - Evidence from Listed Companies in Bank,Finance and Insurance Sector in Sri Lanka(4th International Conference for Accounting Researchers and Educators, Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2018) Athukorala, N.T.; Tilakasiri, K.K.Sustainability means meeting the present needs without compromising the needs of the future generation. Organizations are responsible for creating economic value not only to the organization but also to social and to environment. The objectives of the research are to examine the impact of sustainability reporting on organization financial performance and to determine the level of sustainability reporting of organization with a special focus on bank, finance & insurance sector in Sri Lanka. Level of sustainability reporting is the independent variable and it is measured via environment disclosure, social disclosure and economic disclosure. The financial performance is the dependent variable and it is identified by referring Return on Asset (ROA). Size of the organization used as the control variable of the developed model. Financial and non-financial data were collected from annual reports and stand-alone sustainability reports reporting under GRI G4 guidelines published on the company’s website during the period of 2012 to 2017. Sixty firms were used for the final analysis due to the unavailability of the data. Panel data regression was used to analyze data using E-Views Statistical package application. The results indicate that sustainability reporting has positively significant impact on organization financial performance at both with and without effect of selected control variable