Kelaniya Journal of Management

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A Discourse Analysis of Research Texts on Mumpreneurs
(Faculty of Commerce and Management Studies, University of Kelaniya., 2018) Surangi, H. A. K. N. S.; Ranwala, R. S.
Research investigating female entrepreneurs has developed considerably over the past two decades. However, the muprenurship concept is still a relatively under-researched area, and represents a challenging research field. Departing from a social constructionist understanding of mumpreneurs, this study examines how the entrepreneurial mothers are constructed in research articles. The paper makes use of discourse analysis to examine a selection of empirical research articles from 2000 to 2017 on mumpreneurs in entrepreneurship research in order to convey the key concept, main findings, key contribution, and the methodology. The analysis of the research texts revealed several assumptions and constructs that were taken for granted about mumpreneurs. Main findings based on the discourse analysis reveal five hegemonic statements: Mumpreneurs are not ‘proper’ entrepreneurs, many women face competing and often contradictory societal expectations when they are combining motherhood and business, entrepreneurship supporting motherhood, new entrepreneurial identity: ‘I am not just a housewife, and mumpreneurs’ motivations change over and the life course. The practices and the research results are moreover dependent on the particular context in which the articles are produced. This means that their results and assumptions cannot be generalized to other contexts uncritically.
A Review on Need for a Caring Economics with Special Reference to Sri Lanka
(Faculty of Commerce and Management Studies University of Kelaniya, 2017) Divassini P.; Manjaree H. M. S.
The aim of the survey is to find out the need of caring economics which focuses on the caring economic practices in the context of Sri Lanka. Basically, Caring Economics provides a genuine caring for people and nature as the uppermost priority in an economic system. The study contains a systematic literature review on caring economics that is urgently needed by policymakers and business leaders to foster personal, business, and national economic success. The conventional indicators of economic health in Sri Lanka such as unemployment rate do give absolute value of life-sustaining activities of household economy, unpaid economy, and natural economy. As the outcome of the study, it is found that there is a need for caring economics with the concern of rapidly changing technological changes and social conditions in Sri Lanka.
A Study on Fraud Prevention and Detection Methods in Sri Lanka
(Faculty of Commerce and Management Studies, University of Kelaniya., 2021) Peiris, G. K. H.; Aruppala, W. D. N.
Forensic accounting is emerging area in countries like Sri Lanka even though it came up many years ago. Corporate frauds have been increasing worldwide, emphasizing the needfulness of forensic accounting and it has become a great opportunity for accountants and other professionals to think beyond the traditional framework. This study examines the perception of accounting professionals regarding the occupational fraud prevention and detection methods and software used in Sri Lanka. The survey was conducted using hundred accounting professionals of Sri Lanka. The results reveal that password protection, external audits, bank reconciliations and internal control review are quite common in use while bank reconciliation, cash review and password protection are also highly employed methods to detect occupational frauds. However, fraud hotline, forensic auditing and forensic accountants are identified as the least used methods. Further, filtering software, virus protection and firewalls could be identified as the commonly used fraud prevention and detection software used in Sri Lankan context. Implementation of effective fraud preventing and detecting methods, software is highly recommended on preventing and detecting corporate frauds in Sri Lanka.
An Analysis of the Obstructive Factors that Impact the Empowerment of Women Entrepreneurs in Sri Lanka
(Faculty of Commerce and Management Studies, University of Kelaniya., 2024) Amarasooriya, D. N. P.; Premarathna, S. P.; Rajadurei, S.
The sector of small and medium enterprises is considered an encouraging platform for the economic empowerment of women through participating in economic development as entrepreneurs. The lower productivity exhibited by these SMEs in Sri Lanka was identified as a result of the high participation rate of female entrepreneurs in the informal economy. An unfavourable environment has been created obstructing the transition of women entrepreneurs towards the upper echelon of the business world through diverse impediments. Thus, the research focused on exploring the barriers that hinder the business growth of women entrepreneurs in small and medium-scale enterprises. Accordingly, the research was conducted as secondary research: a literature survey. In Sri Lanka, a minor percentage of female participation in small and medium enterprises occurs due to limited access to financial resources, lack of financial literacy, social prejudices, social and cultural restrictions, and limited opportunities for networking and communicating with external resources. Thus, closing the gender gap in education, giving access to capital through a concerted policy action and providing women entrepreneurs with opportunities to improve their financial literacy and educational level were highlighted as the major recommendations in the study to empower women entrepreneurs to climb the value chain. Women entrepreneurs in small and medium-scale enterprises need to be facilitated with greater access to the domestic, regional and international markets in order to enable them to expand their businesses with productivity and innovation. Thus, vital policy measures should be taken to mitigate the barriers involved in formalizing the business mechanisms while focusing on increasing the benefits that women entrepreneurs can gain through that standardizing process.
An Exploratory Examination of Interactions between Leadership Behavior and Person-Organization Value Fit on Employee Performance
(Faculty of Commerce and Management Studies, University of Kelaniya., 2017) Wijesinghe, A. G. K.
Many studies have shown that person-organization value fit effect on employee commitment, job satisfaction, involvement, communication, cooperation, and profit gains in organizations. Leader behavior is another important factor effects on employee performance in organizations. However research investigated on interaction effect of leader behavior and person-organization value fit on employee performance is mostly absent in literature. This study examined the effect of leader behavior, person-organization value fit and their interactions on employee commitment, participation for group decision making and trust in their leaders in Sri Lankan organizations. A questionnaire survey was undertaken to evaluate employees’ ratings on these variables. Hypotheses testing were done by using Analysis of Covariates. Results revealed that both leader behavior and person-organization value fit are powerful predictors for employee performance. Theoretical and practical implications of these results and directions for future research are discussed.
Analysing Sri Lankan Lifestyles with Data Mining: Two Case Studies of Education and Health
(Faculty of Commerce and Management Studies, University of Kelaniya., 2017) Mohotti, W. A.; Premaratne, S. C.
There are no adequate researches in lifestyle data analysis of Sri Lanka. Existing works are not capable of handling big data systematically and, not efficient in disclosing the latent factors in lifestyles. This research has used predictive and descriptive mining techniques to analyse HIES dataset related to two cases in education and health using WEKA and SPSS. The design consists of a classification and a clustering task. Classification finds the factors and their relationships associated with no-schooling and dropouts. Clustering explores the relationship between chronic diseases and family income. Our analysis reveals the significance of child labor and religion among the influences such as age, district and parental education related to school dropout and no-schooling. Other case study discloses that citizens who have got low income comparatively suffer from many chronic diseases. The important patterns recognized through the research can be used by the government policy makers to setup policies.
Antecedents of Consumer Materialism: An exploration in Sri Lankan Context
(Faculty of Commerce and Management Studies, University of Kelaniya., 2019) Malkanthie, M. A. A.
Materialism is becoming a major problem in the world. Materialistic consumers consume more and even unnecessary things. Overconsumption is one of the major threats to the future of human survival. Hence, the intention of this research is to determine the antecedents of materialism in Sri Lankan context. Through the Literature review, the antecedents of materialism were identified as; depression, anxiety, self- esteem, and stress. Positivist approach with deductive reasoning was used in this study. Individual adult person was taken as the unit of study of this research and this is a single cross -sectional study. Sample of 450 adults was selected according to judgmental sampling technique representing nine provinces in Sri Lanka. Structured questionnaire was used as the data collection tool. Structural Equation Modeling was used to analyze the data. Findings show that self-esteem, depression, and stress significantly affect materialism. Further, Self-esteem and depression negatively affect the materialism while “stress” positively affect the materialism. These findings are useful to Marketing Managers to develop more effective marketing strategies in terms of segmentation, strategic brand communication and promotion. By accurately segmenting based on the facet of materialism that is dominant in a specific consumer behavior context will lead to the development of brand communication that better addresses consumer concerns.
Antecedents of Facebook Updates, and the Role of Personality of Facebook Users in Sri Lanka
(Faculty of Commerce and Management Studies, University of Kelaniya., 2018) Sarathchandra, K. S. H.; Nimeshi, G. K. S.; Ranwala, R. S.; Panditharathne, K. M.; Kaushala, B. A. H.; Wimalasiri, R. K. H. S.; Mallika, M. C. K. H.; Ranasinghe, R. S. L. B.
This study is to prove the impact of different motives in updating Facebook status and role of personality in Facebook updates. Therefore, the study is focus to identify the impact of motive namely validation, communication and self-expression on Facebook status updates while it is examining the moderation effect of individual personality on original relationship. As study is based on the Facebook users, population of the study consist of all Facebook users and based on the convenience sampling method researchers have selected 252 Facebook users in Sri Lanka as the sample of the study. Data were collected from the sample using a researcher developed questionnaire. In order to prove hypotheses and make inferences, regression analysis was employed in the study. Moreover, regression analysis proved that there is an impact from validation, communication and self-expression on Facebook status updates. Further, the relationship between validation, communication and self-expression with Facebook status update is moderated by the extraversion and openness to experience. Based on the inferences of the study, it can be concluded that validation, communication and self-expression act as motives to update Facebook status and the intensity of that motives depend on the personality of an individual.
Assessing the Impact of Big Five Personality Traits on Job Performance: A Study in Association with Insurance Agents in Northern Province, Sri Lanka
(Faculty of Commerce and Management Studies, University of Kelaniya., 2024) Harikaran, S.; Dassanayake, D. M. C.
The flourishing life insurance industry in Sri Lanka underscores the pivotal role of insurance agents in advancing revenue streams and overall success. This study examines the nexus between the Big Five personality traits and the Job performance of insurance agents in the life insurance companies in the Northern Province of Sri Lanka. The independent variables encompass the dimensions of openness to experience, conscientiousness, extraversion, agreeableness, and emotional stability, while the dependent variable comprises job performance. A stratified random sampling approach was employed to distribute 300 structured questionnaires among insurance agents in life insurance companies. The collected data were analyzed by using different statistical techniques. The outcomes of the multiple regression analysis underscore a substantial impact of all Big Five personality dimensions excluding agreeableness on job performance. These findings offer valuable insights for insurance agents, aiding them in making informed career choices. Simultaneously, life insurance company managers can leverage this research to refine their selection criteria, ensuring the recruitment of individuals whose personalities align with the dimensions that significantly impact job performance in the industry and identify the training needs for the personality development of the insurance agent in the life insurance companies in Sri Lanka.
Audit Quality and Earnings Management: Evidence from Sri Lanka: Food & Beverage and Hotel Sectors
(Faculty of Commerce and Management Studies, University of Kelaniya., 2024) Randenigala, C.J.; Wijesinghe, M.R.P.
The company's earnings are crucial for investors' decision-making since they provide emblems about value-creating ability. However, with the possibility of manipulating earnings, the whole purpose of financial reporting becomes valueless. External independent auditing can be identified as a control mechanism that minimises earnings management. This study examines the impact of audit quality on earnings management in the food and beverage sector and hotel companies in the Colombo Stock Exchange from 2013 to 2019. The real earnings management approach and total accruals are used to measure the earnings quality, while audit firm size, presence of the audit committee, frequency of the audit committee meetings and audit timeliness are the audit quality proxies. The study used regression analysis as the main analysis tool, and the findings reveal the existence of earnings management in the food and beverage and hotel sectors. Fascinatingly, audit quality does not significantly impact earnings management in the food and beverage sector, while it exists in the hotel sector. Moreover, companies' size and leverage significantly impact earnings management in both sectors. These findings suggest that effective regulation and monitoring are necessary to improve audit quality for both sectors, especially in the hotel sector companies in Sri Lanka. Hence, enhancing audit quality would minimise earnings management and improve earnings quality, which is instrumental to the decision-makers, especially investors and creditors. Henceforth, we suggest improving the audit quality in the food and beverage and hotel sectors and enhancing disclosure requirements such as research and development expenses, audit time, and non-audit services.
Authentic Leadership and Organizational Commitment: Empirical Evidence from Information Technology Industry in Nigeria
(Faculty of Commerce and Management Studies, University of Kelaniya., 2020) Tijani, O.O.; Okunbanjo, O.I.
Authentic leadership as a contemporary leadership behaviour has generated more attention in this 21st century. Thus, this study investigated authentic leadership and organisational commitment in information technology industry in Nigeria focusing on Techmahindra Nigeria. The study employed survey research design as well as simple random sampling. Data were collected using questionnaires from 180 employees in Techmahindra Nigeria but 151copies of questionnaire were retrieved. The results from the regression analysis indicated that authentic leadership (self-awareness, internalised moral perspective, relational transparency and balanced processing) has a positive and significant effect on organisation commitment (affective, normative and continuance). The study recommended that organisations should organize training programmes for their leaders on how to exhibit the qualities of an authentic leader in the running of the organizations.
Board Effectiveness, Entrepreneurial Orientation and Corporate Culture: Evidence from an Emerging Economy
(Faculty of Commerce and Management Studies, University of Kelaniya., 2021) Deshani A.L.; Ajward A.R.
There is a dearth and mixed empirical evidence regarding the relationship between corporate board effectiveness and entrepreneurial orientation in a large-scale organizational setting. The purpose of this paper is to address this deficiency by investigating the link between board effectiveness and entrepreneurial orientation including the possible moderators that influence such a connection in an emerging country context. A quantitative survey was conducted representing the top 100 listed non-financial companies in Sri Lanka. Correlation and hierarchical regression analysis were employed in testing the hypotheses of the study. Study findings indicated that entrepreneurial orientation is significantly associated and predicted by board effectiveness in Sri Lankan context. The relationship between board effectiveness and firm innovative behavior is significantly moderated by the corporate cultural characteristics measured via competing value framework. The study is noteworthy due to, (1) the adoption of a multi-theoretic perspective to conceptualize board effectiveness, (2) an attempt to link resource-dependency theory and the resource-based view of entrepreneurship to understand the aforementioned link between board effectiveness and entrepreneurial orientation, (3) an attempt to understand the role of corporate culture to strengthen the aforementioned link. The study has a momentous value for theoretical advancement in corporate governance and entrepreneurship literature. The study findings provide a notable practical value for board members, senior decision-makers, and policymakers in emerging countries.
Buddhism and organizational management: A review
(University of Kelaniya, 2014) Weerasinghe, T.D.; Thisera, T.J.R.; Kumara, R.H.G.W.P.
The Buddhist perspective of continual improvement
(University of Kelaniya, 2016) Jayawardane, T.; de Alwis, A.C.
Continual Improvement (CI) is closely linked to Japanese quality management. As the CI concepts were developed in a strong Buddhist culture in the background, a remarkable similarity can be seen between CI and Buddhism. This paper reveals the overlap between various sciences of CI and various Suttas’ in the Sutta Pitaka of Buddhism as the main reference body. Sutta Pitaka is one of the three key branches of Tripitaka which is the oldest and most original text available on the Buddhist philosophy. The similarities that are observed deep inside the tools, techniques and behavioral branches of CI such as cause and effect relations, problem validation, problem solving sequence, problem types, corrective and preventive action, nonconformity, autonomy and knowledge are discussed in detail.
Building Relations Between a Company and Consumers Through Cocreation: Polish and Chinese Context
(Faculty of Commerce and Management Studies, University of Kelaniya., 2017) Wiścicka, M.; Misiak-Kwit, S.
The paper consists of two parts, i.e. theoretical and practical. The theoretical deliberations are devoted to the explanation of supporting the process of product co-creation. The practical part of this paper reports the findings of a study concerning the interest of young people in participation in co-creation in Poland and China. The aim of the article is finding whether the Polish and Chinese Y generation client’s role understanding about the cocreation process and their feelings regarding the usefulness about the co-creation process. To gather primary data field survey method has been adopted with a structured questionnaire. The target group (population) of the survey was constituted by young people (generation Y) who, by virtue of their psycho-physical characteristics, are more prone to share their experience and engage in various activities. Percentage analysis has been applied to analysis the primary data. Based on the analysis, it can be concluded that the potential interest in the participation in co-creation is high among both groups of respondents (the Poles 56%, the Chinese 90%).
Business Incubators – A Cure or Curse – A Study focused on the Perception of Young Entrepreneurs in Oman.
(Faculty of Commerce and Management Studies, University of Kelaniya., 2022) Rohanaraj T.T.A.
Business incubators support the young entrepreneurs to improve their business idea and make their ventures successful. Though this is true, a good number of young entrepreneurs do not focus on joining these incubators due to their differences in perception towards business incubators. This study attempts to throw light on the perceptions of young and prospective Omani entrepreneurs towards business incubators, by focusing on 250 young individuals, following tertiary education in the higher education institutions (HEIs) in Oman. The information collected were analyzed using Principal Component Analysis and Multiple Linear Regression techniques. The results showed that individuals’ perception towards the support mechanism available at the incubators along with professional guidance and network support could play a positive role in encouraging them to join the incubation program, while assumed negativity related to the possibility of losing their cherished vision and possible increase in startup costs, could play a negative role on the likelihood of joining business incubators. These findings will help the incubators, Universities and policy makers to redefine their business practices to improve the effectiveness of their services.
Can Service Learning enhance Graduate Capital? Evidence from Sri Lankan State Universities
(Faculty of Commerce and Management Studies, University of Kelaniya., 2021) Wijayanama C.; Ranjani R.P.C.; Mohan D.U.
Employability of graduates has been a topic of high interest among graduates, academics, employers and economists alike for decades. Researchers argue that the responsibility of preparing graduates for their first job roles, has not been adequately owned by the universities nor the employers. The graduates themselves, give less attention to the issue and usually ill prepared for their first job roles. Service Learning (SL) is a futuristic andragogical strategy that changes the receiver and the giver of the service. In this study, the researcher examines how SL can be adopted as an enhancer of employability potential for graduates. Since the SL is new to the academic world in general and also to the Sri Lankan education system, this inductive study adopted the Grounded Case Study method using theoretical sampling to study the influence of SL as a strategy for enhancing graduate employability potential – Graduate Capital (GC) in state universities of Sri Lanka. The findings of the study include the features of SL practiced in Sri Lanka, GC attributes and the extent of enhancements of GC attributes due to partaking in SL program. The current study concludes that SL provides overall improvement to GC attributes.
Causality between Public Expenditure and Economic Growth in Sri Lanka: A Time Series Analysis
(University of Kelaniya, 2012) Kesavarajah, M.
This paper examines the causality between public expenditure and economic growth in Sri Lanka using time series annual data over the period of 1977-2009. In particular, this study keeps a special focused on various selected components of public expenditure by applying a multivariate cointegration and Vector Error Correction Modeling (VECM) techniques. The empirical evidence suggests, in long run, public expenditure on education, agriculture, health and transport and communication have positive and statistically significant effects on economic growth while defense expenditure shows a negative but a statistically significant effect on economic growth. Granger causality analysis confirms that there is a unidirectional causality running from education expenditure to economic growth, defense expenditure to economic growth, and agriculture expenditure to economic growth, which supports the existence of Keynesian hypothesis in Sri Lanka. Analysis also indicates that existence of bidirectional causality between health expenditure and economic growth, transport and communication expenditure and economic growth. Therefore, the findings of this study provide an important implication to policy makers to improve the efficiency of public expenditure by reallocating among sectors in a growth context.
Comparative advantage in international trade: A study based on leading exports in Sri Lanka
(University of Kelaniya, 2012) Sachithra, K.M.V.; Sajeevi, G.A.C.; Withanawasam, M.P.K.; Jayathilake, W.M.S.A.
Conflicting effects of market volatility on the power of two-pass OLS test on the CAPM: A simulation analysis
(University of Kelaniya, 2013) Fernando, S.; Nimal, P.D.