Undergraduate Symposium on Contemporary Management and Theory
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Item Factors affecting to the credit recovery in Sri Lanka: A Review of Literature(Department of Commerce and Financial Management, Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Jayawardana, N.T.A.; Wijekumari, W.D.W.N.; Jayarathna, W.S.M.; Lakmal, M.M.N.; Sadaruwan, G.H.; Dayan, G.L.S.One of the most important matters in banking in general and lending in particular is the ability of a lending officer to confidence lend out money and be assured that these funds will be recovered from the borrower without resorting to punitive action. The problem of credit default is a real one that has cost many financial institutions fortunes in bad debts. Because of lack of information on credit defaults many credit officers are likely to still lend out funds that may never be recovered. This study sought to identify factors that lenders could look out for and the foresight they would need to have in order to avoid default of credits. The findings were that the education background of borrowers is a vital factor that they all need to be weary of as they make decision to lend. It also was brought to the fore that it is vital to equip credit officers with sufficient knowledge and skills in the field of lending for them to be better analyst of credit assessment.Item Social Media and Marketing: A Working Study(Department of Commerce and Financial Management, Faculty of Commerce and Management Studies, University of Kelaniya, 2015) de Silva, D.P.J.I.; Gunasekara, D.T.; Perera, R.M.C.; Malwanna, M.H.S.P.; Sirisena, D.K.C.M.; Welimanna, N.C.N.; Ranasinghe, M.P.C.; Maduranga, R.L.R.During different time era’s different methods of communications has developed and changed the everyday life. Social media has become the way of communication in the 21st-century, enabling us to express our thoughts, ideas and feelings in a complete new way. This way of communication have also had a huge impact on corporations, where they have realized that without a proper plan and social media strategy they have no chance to stand out in the rapidly changing digital space. To ensure a successful presence on social media the companies need to take different marketing theories into consideration so that they can boost their brand in diverse aspects. If this can be combined with innovative ways of consumer interaction the companies have a good chance to take the lead in social media marketing. Provided the importance, this study intends to assess the impact of social media activities on marketing effectiveness. The research team investigates the companies which utilizes social media as a marketing tool and intends to achieve the said objective above. The survey is a proposed cross sectional survey and data will be collected from marketing managers by means of a semi structured questionnaire. The proposed study may have important implications to the practice and the theory provided the value and emergence of the field of social media a marketing tool.Item Cultural comparison in Asian countries: An Application of Greet Hofstede’s Cultural Dimensions(Department of Commerce and Financial Management, Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Dissanayake, D.M.S.B.; Niroshan, W.W.A.E.; Nisansala, M.H.; Rangani, M.L.D.; Samarathunga, S.K.R.A.; Subasinghe, S.E.I.; Wickramaarachchi, D.N.; Nirasha, K.; Wickramasinghe, D.N.; Wickramasinghe, W.W.M.E.G.P.M.B.Countries differ from one country to another country by their identical characteristics which are coming under their own national culture. People behaviors are respectively linked to cultural values of the country and this association is based on the framework of Hofstede’s cultural dimensions. The study indicates the cultural differences of the countries among the world according to a four dimension which are Power distance, Uncertainty avoidance, Individualism vs. collectivism and Masculinity vs. femininity. Power distance means the extent to the nations which accept the power in organization or anywhere is distributed unequally without further justifications. The extent to which the members of a culture feel threatened by ambiguous or unknown situations and have created beliefs and institutions that try to avoid these is reflected by the Uncertainty avoidance. The third dimension is Individualism vs. collectivism which reflect the degree of interdependence a society maintains among its members, and the fourth dimension, Masculinity vs. femininity indicates that the society will be driven by competition, achievement and success, with success being defined by the winner / best in field – a value system that starts in school and continues throughout organizational behavior. The purpose of this study is comparing the national culture in Asian countries and identifies what factors affect to association with the Hofstede’s cultural dimension studies. In this study we identify the how above four dimensions index behave on Asia. The power index of almost all the countries in Asia take high value that means all the nations in Asia has been tend to accept the power coming from top without further justifications. Uncertainty avoidance index of the Asia is scored low amount excepting few countries indicating the lot of nations in Asia who not comfortable with an ambiguity situations. Masculinity vs. femininity index of the every Asian countries score a small amount excepting Japan, Iraq reflecting the nation who work in order to live rather than live in order to work. Individualism vs. Collectivism index shows small value in countries below 50 in almost every country in Asia reflecting nations who highly desire for collectivism than individually survive.Item Corporate Governance and Earnings per Shares: A Study of Sri Lankan Manufacturing Companies(Department of Commerce and Financial Management, Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Ayesha, P.V.; Chathurika, P.K.A.G.; Kumarihami, H.M.D.A.; Sagarika, D.B.T.; Senanayaka, C.; Sewwandi, R.M.S.Good corporate governance practices are important in reducing risk for investors, attracting investment capital and improving the performance of companies. This study is initiated on “corporate governance and firm performance” with the samples of 26 listed manufacturing companies in CSE. Data was analyzed using the data representing the periods from 2009 to 2014. Board size, board meeting, executive directors, non-executive directors were used as the determinants of corporate governance whereas earnings per share (EPS) is used as a measure of firm performance. Hypotheses were tested using SPSS statistical software. According to the finding of the research corporate governance make a significant influence on companies EPS. Thus, study concludes that the determinants of corporate governance used in the study are correlated to the performance measures of the organization.Item Inflationary Impact on Capital Structure: An Analysis of Listed Manufacturing Companies in Sri Lanka(Department of Commerce and Financial Management, Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Chandrasena, M.R.I.N.; de Silva, G.V.G.; Maushani, B.V.N.; Samarakoon, S.M.N.S.; Samarathunga, B.H.A.I.; Fernando, K.S.R.; Samarakoon, K.M.C.; Mapitigama, K.K.P.R.The capital structure reflects all of the firm’s equity and debt obligations. Firm’s capital structure is determined on several factors and it is very important to lead the firm towards better and performance. Therefore determinants of capital structure obviously play an economically important role in a firm. Hence it is necessary to identify that what factors contribute to the capital structure composition. The current research is conducted to identify the relationship between determinants of the capital structure and the firm’s leverage. As identifications through literature reviews, determinants to the capital leverage (Dependent variables) are profitability, tangibility, firm size and capital intensity & Inflation. In Sri Lanka there is no any study was conducted to identify the relationship between Inflation (Independent Variable) and the capital Leverage (Dependent Variable).According to that the main objective of the present study is to identify the relationship between capital structure and its determinants with the predictor of inflation. To obtain a final conclusion, analyzed 25 manufacturing companies (Sample) listed in Colombo Stock Exchange from the population of 37 manufacturing companies listed in Colombo Stock Exchange during the period of 2010/2011 year of assessment to 2013/2014 year of assessment. Findings showed that capital intensity is a significant predictor of short term leverage, firm size is a significant variable of long term leverage and final model was rejected statistically.Item Technology Adaptation of Apparel Industry in Sri Lanka: An Observational Survey(Department of Commerce and Financial Management, Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Abeyrathne, G.D.; Habaragamuwa, I.D.; Holipitiya, G.P.; Indrachapa, R.G.P.; Jayawardana, L.J.; Nandasiri, D.L.; Ranasinghe, H.W.K.G.; Sandeepani, G.A.S.P.; Javid, H.J.M.Technology adaptation has emerged as an important determinant of competitiveness in recent global trade. Gaining competitiveness became a driving force for the apparel firms to adopt technology. The purpose of this paper is to examine the status of technology adoption of Sri Lankan apparel manufacturing firms and the organizational factors that affect the level of technology adoption. Three companies in apparel industry were examined. A qualitative research with an observational study and online interviews were conducted to collect the data. The level of a firm’s technology adoption was found to be significantly related to factors such as top management interest, Employee acceptance, capital allocation to technology, tendency toward innovation. While employee acceptance was moderately related to technology adaptation, the effects of top management interest, capital allocation, and innovation were significant. The firms which have adopted new technologies have gained their success than which are not. Our analysis provides a guide to future businesses to adopt new technologies to gain the competitive advantage and achieve the success of the firms while concerning discussed variables which impacts on the technology adaptation.Item Factors Influencing Undergraduate’s Intension on E-Waste Recycling(Department of Commerce and Financial Management, Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Bandara, L.A.C.J.; Bhagya, E.K.P.; Chathurangani, A.H.N.N.; Darshana, K.N.; Liyange, L.P.; Madhumada, H.A.N.D.; Mafaz, M.B.; Premasiri, P.S.M.; Umar, N.H.Recognizing the emerging and serious issue of Electronic waste, this paper has made an attempt to ascertain the intention on e-waste recycling among undergraduates of University of Kelaniya. The main objective of this research paper is to identify the influencing factors of e waste recycling in the selected respondents about e-waste. The data was collected from 50 respondents through the distribution of well-structured questionnaires. An insight into understanding the e waste management practices and key predictors in relation to e waste recycling intention are essential as they will lay the foundation for future effective e waste management. This paper reports a preliminary exploration of the construct of e waste Recycling intention among undergraduates of University of Kelaniya. The findings of the study revealed that respondents of undergraduates of University of Kelaniya, were having only considerable relationship in between perceived knowledge and willingness than other influencing factors.Item University Canteens’ Standard of Food and Nutrition: A Qualitative Study based on University of Kelaniya(Department of Commerce and Financial Management, Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Kulathunga, K.M.S.K.; Weragoda, S.; Liyange, T.; Chinthaka, T.; Sandeepa, K.D.; Mataraarachchi, C.P.; Sugirthan, R.Item Employers' Perception of Employability Skills of Students of Commerce and Management Discipline: A Qualitative Approach(Department of Commerce and Financial Management, Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Fonseka, K.W.D.D.; Kodikara, D.P.; Kodithuwakku, I.K.A.H.E.; Senadeera, H.V.N.; Silva, M.A.C.M.; Herath, H.M.N.S.B.Enhancing employability skills of students in Commerce and Management discipline is considered as an important task within the Sri Lankan higher education community. This research was conducted with the objective of identifying required skills and strategies to develop skills in order to expose students of Commerce and Management discipline to the job market. And also this was conducted based on sample constituting by five solid ventures representing all industries in Sri Lanka. Some literature reviews are also included in this paper which have extracted from educational reports and theoretical research papers. This Research identified that current job market level of Commerce and Management students is at a good level, apparently private sector employers are looking for more skills, and also research findings reveled that introduction to employability skills, employer needs, matching employer need and skills and attributes that are valued by employers. This research concludes that universities and other higher educational institutions should conduct special programs to develop the skills of students to meet the requirement private sector employers in the industry.Item Determinants of Logistics Outsourcing: A Review of Relevant Literature(Department of Commerce and Financial Management, Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Perera, M.K.T.P.K.; Adhikari, A.M.D.I.; Wickramasinghe, H.H.L.M.; Dasanayaka, D.M.J.H.K.; Karunanayaka, K.P.W.; Wickramaarachchi, W.A.S.S.; Ruwantha, W.T.M.; Fernando, W.M.K.K.M.W.Outsourcing is currently ongoing through stage of unstoppable growth. Logistics is the most famous function of outsourcing. Outsourcing has emerged as one of the popular and widely used business strategy of this globalized era. After exhausting the traditional modes of cost cutting, outsourcing has become the most favored avenue for cost cutting In the light of increasing competition and potential economic benefits in the logistics sector, the objective of this paper is to examine the determinants of logistics outsourcing and identify the key factors that are required for a successful a logistics hub. For the logistics hub, the analysis on the determinants of competitiveness is made using literature which are presented information about logistics outsourcing.