Social Sciences
Permanent URI for this communityhttp://repository.kln.ac.lk/handle/123456789/189
Browse
3 results
Search Results
Item How to sight the Holy Grail of Development: Two Development Tales of Sri Lanka and Malaysia(Department of Economics, University of Kelaniya, 2016) Priyantha, R.; Dickwella, R.; Samarakoon, A.The grammar of development always relates to the question words of who, what, and how. Contemporary uni-polar world order has paid more attention on the ways of developing all countries equally. The United Nations (UN), the International Monetary Fund (IMF), and the Work Bank have become the entrepreneurs of the international development project that has focused on establishment of a universal development system. However, the current development discourse is still in a struggle to conceptualize and map out the development policies to accomplish development ends. The waves of development discourse emphasis the changing pattern of development and reduce rich-poor gap. Bridging the gap of rich and poor is a dilemma as of poor understanding of root causes of underdeveloped. The objective of this article is to understand richpoor gap and the role of internal and external structure to exterminate this gap. Sri Lanka and Malaysia are the selected case studies of the present study. The case studies are to understand the lessons learnt of development. One of the key findings of this study is that the absence of consensus on development and development alienation are direct causes to fail the mega level development policies that has caused countries to stagnate in the same level of poverty. The interests of entrepreneurs of development project on capital accumulation is another crucial factor of widened gap between rich and the poor. Bad governance, corruption, political instability, popular politics and consumer politics, connectivity of global capital to local elites and economic policies to maintain the industrial reserved army have further deteriorated balance development both at national and international levels.Item Reconstructing the Corporate Governance Framework: The Case for an Effective System of Governance for the Sri Lankan Corporate Sector(University of Kelaniya, 2005) Dilhani, K.A.N.This paper suggests the necessity to reconstruct existing corporate governance mechanisms of Sri Lankan companies by analyzing the collapse of Pramuka Savings and Development Bank Ltd. (PSDB) in Sri Lanka. Corporate governance is a subject of great current concern, not only in developed countries, but also in developing countries that are in the throes of economic reforms. In the context of prevailing governance issues, the argument that “Existing governance systems in the Sri Lankan corporate sector should be geared up to the requirements of the corporate stakeholders” is selected as the underlying theme of the study. Corporate governance is the system by which businesses are directed and controlled. Several financial collapses of companies in the country and around the world have created uncertainty in financial markets and have shaken investors’ confidence. Therefore, the issue that corporate ‘influence’ is disproportionate to ‘responsibility’ is considered as the main issue of the study. The main objective of the research is to assess the relevance of findings of the study to enhance governance practices in Sri Lankan corporate sector by assessing the theme in multiple perspectives and by focusing on best practices and principles of corporate governance. Methodologically, the research is more of a theoretical paper supported by empirical evidence. The theme of the study and the selected case (PSDB) were analyzed in three perspectives namely: Agency Perspective, Stakeholder Perspective and Institutional Theory Perspective. Selection of the three perspectives is supported by international cases the researcher has chosen from USA, Japan, and India. After analyzing the case, it was found that major deficiencies in the Sri Lankan governance systems as not discharging the fiduciary responsibility by managers and directors satisfactorily, inadequate role played by the auditors and institutional investors, and unpaid attention to stakeholder and institutional theory perspectives. In essence, what Sri Lankan companies need to understand is that ‘Governing’ is a very different job from ‘Managing’.Item Good governance and poverty alleviation programmes in Sri Lanka: special reference on Samurdhi programme(2014) Damayanthi, M.K.N.The objective of the paper is to examine the governance issues in government’s major poverty alleviation programme - the Samurdhi programme- in Sri Lanka. During the past three decades, the concept of ‘good governance’ became more popular in many subject areas such as development studies, political science, public administration, public policy, management and economics. Specially, the good governance concept is most familiar in poverty alleviation programmes in developing countries. The author uses both primary and secondary data related to poverty alleviation, the Samurdhi programme as well as governance. Primary data was collected through questionnaire survey, key informant discussions and focus group discussions in selected eight districts. The quantitative data were analyzed using the simple statistical method and qualitative data and information were analyzed through descriptive methods. The introduction part of the paper provides a brief introduction to poverty and poverty alleviation programmes. Then, the paper discusses the concept of ‘governance’, ‘good governance’ as well as ‘poverty’. In the third section of the paper, the author presents poverty situation in Sri Lanka using both monetary approach and nonmonetary approach. The fourth part of the article discusses poverty alleviation programmes in Sri Lanka. In this part, author gives details about the Samurdhi programme and its major components. In the fifth part of the article, the author explores the major governance issues related to Samurdhi programme. The conclusion is that the Samurdhi programme is suffering from serious governance issues such as mis-targeting, lack of transparency, accountability, efficiency and effectiveness, equity and social justice as well as informed citizenry.