Commerce and Financial Management

Permanent URI for this collectionhttp://repository.kln.ac.lk/handle/123456789/215

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Start date: 2010Has files: No

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    Improving community vitality: spiritually informed entrepreneurial actions
    (Journal of Entrepreneurship in Emerging Economies, 2024) Dissanayake, S.; Pavlovich, K.; Kovács, G.
    Abstract Purpose The purpose of this paper is to depict how entrepreneurs improve community vitality in the economic, social and environmental dimensions. The paper joins the conversation of business spirituality as the study participants were Sri Lankan Buddhist entrepreneurs from the emerging venture context (i.e. from enterprises which are less than 1–10 years old). The aim of the paper is to introduce spiritually informed entrepreneurial actions, thus contributing to a better understanding of entrepreneurial impact on communities. Design/methodology/approach The paper involves a qualitative, interpretivist research design. Data was collected by conducting 28 semi-structured interviews with 18 Sri Lankan Buddhist entrepreneurs. Research participants were selected from diverse business sectors. The research applied inductive thematic analysis for structuring and interpreting data. Findings For Sri Lankan Buddhist entrepreneurs, improving community vitality is an essential altruistic goal of their business agenda. During the operations of their ventures, this altruistic goal is translated into altruistic actions that improve the economic, social and environmental vitalities of communities. Research findings highlight that in the case of Sri Lankan Buddhist entrepreneurs, altruistic actions are informed by compassion, which is a fundamental value in the Buddhist religion. Drawing on the findings, an integrated model of community vitality, which describes the role of compassion and the mechanisms of entrepreneurial actions in a Buddhist setting was developed inductively. Originality/value Studying entrepreneurial actions to focus on the motivations behind improving community vitality is a new research topic. The paper provides valuable knowledge on business spirituality regarding the compassionate motivations of Buddhist entrepreneurs. The integrated model of community vitality, which describes the mechanisms of entrepreneurial actions to improve community vitality in a Buddhist setting could be an essential compass not only to entrepreneurs but also research scholars in the field of business spirituality.
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    The impact of occupational stress on organisational citizenship behavior; the mediating role of job satisfaction
    (International Conference on Contemporary Management, 2021, 2021) De Alwis, C; Punchihewa, U.; De Alwis, A.H.M; Andrlic, Berislav; Ramanadhan, Hareesh N.
    The study explored the impact of Occupational Stress (OS) on Organisational Citizenship Behaviour (OCB) and the mediating role played by Job Satisfaction (JS) when the executive grade employees of the Sri Lankan apparel ...
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    Internal environmental factors and the level of adoption of HRIS
    (DAAAM International Symposium on Intelligent Manufacturing And Automation, 2019, 2019) De Alwis, C.; Andrlic, Berislav; Sostar, Marko
    Current study attempts to examine the relationship between internal environmental factors and the level of adoption HRIS. An integrated conceptual framework was integrated ideas and elements from the diffusion of innovation ...
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    E-learning in India and Sri Lanka : A Cross-Cultural Study
    (Sabaragamuwa University of Sri Lanka, 2019, 2019) Kurian, Simmy; Ramanathan, Hareesh N.
    E-learning is a planned effort towards providing interactive and experiential learning having flexibility in terms of time, place, pace, participation and accessibility. Globalization has set the stage for a social ...
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    BENCHMARKING OF HALAL FOOD PRODUCTS USING SIMILARITY MEASURES - A CONCEPTUAL RETRIEVAL MODEL
    (Journal of Information Systems and Digital Technologies, 2019) Tamrin, M.I.M.; Turaev, S.; Azemin, M.Z.C.; Razi, M.J.M.; Maifiah, M.H.M.
    Muslims are concerned with the Halal status of food products sold in the supermarkets. Many products that are imported from overseas are not certified by JAKIM. In this paper, we proposed a conceptual model for benchmarking food products against certified Halal products. Our motivation is to provide similarity measurement between certified and non-certified food products based on their ingredients. This model comprises three main phases: ingredient acquisition, ingredient transformation and similarity measures calculation. In the first phase, web crawlers are employed to retrieve product information from JAKIM online database and supermarket web pages. In the second phase, an index structure will be constructed to allow faster ingredient retrieval which will be used for similarity calculation. In the last phase, Euclidian distance, cosine similarity measure and Jaccard correlation coefficient will be used to measure the similarities between two products. Our proposed model is to complement but not to replace the existing JAKIM procedure to verify food products by empowering Muslim consumers with informed decision making.
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    Influencing Factors of Social Commerce Behavior in Saudi Arabia
    (IEEE Digital Library, 2019) Razi, M.J.M.; Sarabdeen, M.; Tamrin, M.I.M.; Kijas, A.C.M.
    Social commerce is getting popular all over the world including in the middle eastern countries. The main objective of this work is to identify the factors that influence the purchasing intention and the behavior among the Y generation and millennials in the Kingdom of Saudi Arabia. For this purpose, a hypothetical conceptual model was developed based on proven theories and well-established literature. To test this model, data were collected from 178 university students using an online questionnaire. Data were analyzed using SPSS 25. The validity and the reliability of the questionnaire items were determined through factors analysis and Cronbach Alpha. All hypotheses were supported in linear regression analysis, however, the stepwise multiple regression analysis which shows the simultaneous effects of the independent variables, resulted in that out of 11 hypotheses 3 were not supported. Based on the findings a discussion was developed at the end of the paper.
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    Market Orientation and Service Innovation on Organizational Performance.
    (Australian centre for Entrepreneurship(ACE) Research exchange Conference, 2015) Gajanayake, R.; Semasinghe, D.M.
    In recent years, market oriented corporate culture has been considered a key element of organizational performance. Further in-order to accelerate the firm’s performance, innovation plays a substantial role. According to de Brentani (2001), the extent to which products or services yield benefits to firms in terms of business performance is significantly affects by the innovativeness of the products delivered. This paper attempts to develop a conceptual model integrating market orientation, service innovation and how they affect the business performance. In addition, the researchers make an attempt to identify whether entrepreneur’s personal characteristics moderate the above relationship. Several hypotheses are developed pertaining to the identified variables. The study is based on the hotel industry in Sri Lanka.
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    Impact of strategic orientation competitive strategies on venture growth in Sri Lankan SMES.
    (Australian centre for Entrepreneurship(ACE) Research exchange Conference, 2017) Wijetunge, D.; Semasinghe, D.M.
    SME sector in Sri Lanka plays a vital role in the economy. However, it confronts with so many barriers and ultimately it leads to failure of majority of new ventures. Previous studies have shown that strategic management concepts and tools are adopted by the well-established organizations and less attention has been paid by the SME sector. When it is discussed about the growth and survival of the SME sector, it is important to practice and adopt these concepts. With that view this study attempts to examine the impact of Strategic Orientation (SO) on venture performance. On the other hand small businesses also should be competitive enough to face the competition in order to survive in the market. Accordingly this study aims to examine the impact of competitive strategies on venture performance. Strategic management literature points out that the culture is an important factor in implementing strategies and to be strategically oriented. Accordingly organizational culture has been identified as a moderating variable. In order to achieve these objectives, a conceptual frame work has been proposed by this study through a rigorous literature review.considering the persistence of such decisions over time, particularly in the extractive industries. Drawing on imprinting theory, this paper provides a theoretical link between the initial natural resource characteristics surrounding a firm’s birth and its choice of vertical integration. The main argument is that initial natural resource conditions have an imprinting effect on the vertical integration decisions made by firms in the extractive industries. An imprinting process through which imprinting happens is explained. This mechanism acts as the carrier of initial influences as how firms lock-in a decision for their supply chain management. We discuss the above mechanism and several propositions concerning the kind of influence different initial natural resource characteristics have on firm decisions. Our main contribution is presenting a natural imprinting view that can explain the enduring effect of natural environment characteristics on firms’ ownership structures in the extractive industries.
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    The Impact of Entrepreneurial Orientation on the growth of SMEs in Sri Lanka
    (International Conference on Business, Marketing & Information System Management, 2015) Semasinghe, D.M.; Kumarpeli, K.I.
    Using growth of Small and Medium-size Enterprises (SME‟s) we investigated the relationship between the Entrepreneurial Orientation (EO) and growth of SME‟s in Sri Lanka. As EO has three dimensions, the study also aims to investigate to what extent these dimensions affect the growth. It was mainly hypothesized that higher entrepreneurial orientation leads to high venture growth. Venture growth was measured by sales growth and employment growth of firms. Results confirmed that EO has an impact to the venture growth of SMEs. Further, it was found that innovativeness and risk taking propensity have a positive impact on venture growth. However, results indicate that proactivness has no significant impact on the venture growth. The results of the study have important implications to the existing entrepreneurs, potential entrepreneurs, investors, researchers, consultants and policy makers.
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    Trends in working capital management and its impact on firms' performance : An analysis of Sri Lankan small and medium enterprises.
    (International Journal of Accounting & Business Finance, 2017) Semasinghe, D.M.; Mahasena, Senanayake; Dayaratna Banda, O.G.
    A well designed and implemented working capital management is expected to contribute positively to the creation of a firm's value. The purpose of this paper is to examine the trends in working capital management and its impact on firms' performance. The trend in working capital needs and profitability, liquidity, solvency and value added of firms are examined to identify the causes for any significant differences between the industries. The dependent variables of working capital strategy, profits, liquidity, solvency and value added appropriately measured is used to investigate the status quo of a sample of 25 small and medium enterprises, using panel data analysis for the period 2009 – 2012. The correlation results show that: high levels of short term finance is positively associated with financial risk levels: the hardcore working capital extent also reflects positive relations with the cash conversion cycle whilst both profitability and solvency states records positively to the value added quantum. The regression results 'all sectors' shows that high profitability and solvency states are associated with higher levels of value added and dividends. The key variables used in this analysis are value added, dividend and earnings per share, net assets and return on investment. Strong significant relationships between the stipulated variables have also been found in previous empirical work. No hidden champions of best practice were evident within the industries. The findings also reveal an increasing trend in the short term component of working capital financing.