The Journal of Desk Research Review and Analysis (JDRRA)

Permanent URI for this communityhttp://repository.kln.ac.lk/handle/123456789/27545

Browse

Author: search.filters.author.Weligamage, S.S.

Search Results

Now showing 1 - 2 of 2
  • No Thumbnail Available
    Item
    Human capital valuation and development: prospects and challenges in sri lanka
    (The Library, University of Kelaniya, Sri Lanka, 2023) Weligamage, S.S.
    Human Capital plays a prominent role as the major factor in the development of individuals, organisations and countries as a whole. Sri Lanka is experiencing a challenging economic and social environment and moving towards changes in economic growth and human capital mobility. The government and all employers need to rethink recognising and providing appropriate value for the human capital in Sri Lanka. This concept paper aims to provide an overview of human capital valuation and development in Sri Lanka and find out the prospects and challenges. Data was collected through secondary data sources using different reports available in Sri Lanka and at the international level and presented using explanations and descriptions. Based on the information, the review revealed several important areas that would directly impact human capital enhancement in the country. More focus should be given to tertiary and vocational education, labour force participation, unemployment, highskills employment, talent shortage, middle-skills employment, long-term unemployment, public spending on education, employment gender gap, developing more human capital in the areas of health, service and welfare sector to meet the future global job market. At the same time, Sri Lankan organisations should consider valuing their human capital and calculating the Return on Investment (ROI) at the organisational level. Sri Lanka should focus more on catering to the international labour demand related to the professional, skilled, and semi-skilled categories in light of the decline in demand for low-skilled labour in the international labour market.
  • No Thumbnail Available
    Item
    Effect of development finance lending on financial performance of small and medium enterprises in Sri Lanka
    (The Library, University of Kelaniya, Sri Lanka, 2023) Weligamage, S.S.; Gunawardena, P.A.T.R.
    The purpose of this study is to identify the relationship between development finance lending on the financial performance of SMEs and determine what components of development finance credit have the most impact on the growth of SMEs. The study was adopted with a target sample of 120 registered SMEs within the ABC Bank PLC, Sri Lanka. Secondary data was collected for the study using internal documents from the SME section in ABC Bank PLC and annual reports. SME financial performance has been considered as the dependent variable, whereas development finance credit amount, development finance loan period, initial credit amount, and collateral requirement have been considered as independent variables. Data was analysed using descriptive statistics, correction and multiple regression approach. Findings revealed that development finance credit positively influences the financial performance of SMEs through the amount of credit provided, the initial credit amount, the collateral requirement, and the loan period granted by the bank, which affects the financial performance negatively based on the analysis. The study also found that all SMEs borrow credit to increase their financial performance. The study concludes that return improved with each consecutive loan, showing that microfinance facilities enhance the financial performance of SMEs in Sri Lanka with the evidence from ABC Bank PLC. The regression results propose that development finance credit gives more to the financial performance of SMEs and thus higher return.