Symposia & Conferences

Permanent URI for this communityhttp://repository.kln.ac.lk/handle/123456789/10216

Browse

Subject: search.filters.subject.CEO duality

Search Results

Now showing 1 - 3 of 3
  • Thumbnail Image
    Item
    Impact of Board Composition on Risk Management: Evidence from Listed Companies in Sri Lanka
    (9th International Conference on Business and Information (ICBI-2018), Department of Management Studies and Toc H Institute of Science and Technology, India, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2018) Pathiraja, P.M.D.S.; Priyadarshanie, W.A.N.
    Board plays a vital role and the directions of the entity’s whole journey lies with the hands and brains of directors. This study focuses on investigating whether there is significant impact of board composition on risk management of an entity. Cluster sampling method was employed and 100 companies which are listed in Colombo Stock Exchange (CSE) have been randomly selected so as to represent the all sectors in CSE. Data was collected from 2012 to 2017 by annual reports. Board size, Board Independence, Board Financial Literacy, CEO duality and Board meetings frequency were used as independent variables. Risk management was considered as dependent variable while capital structure and company size were considered as control variables. Risk management was measured by beta value. Regression analysis were employed to analyze data. Findings revealed that there is a significant impact of Board Financial Literacy and CEO Duality on beta. The findings will be vital in backing companies to picking heads into its board
  • Thumbnail Image
    Item
    Impact of Corporate Governance Practice on Firm Financial Performance in Listed Manufacturing Firms in Sri Lanka
    (Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2016) Dharmarathna, G.V.D.S.
    The research will focus on the Impact of Corporate Governance practice on Firm financial performance in listed manufacturing firms in Sri Lanka. The study is base on the research question “Do corporate governance practice contribute to firm’s performance significantly in listed manufacturing firms in Sri Lanka”. The main objective of the study is to investigate the impact of corporate governance practices on firm’s performance. Thirty one listed manufacturing firms in Colombo Stock Exchange were selected as sample size for the periods of 2008-2012. Correlation and coefficient is measured the strength and direction of the relationship between two variables. Finding revealed that there is no any relationship between the firm performance among board size and CEO Duality practices. Further findings disclosed that there is a positive relationship between executive compensation disclosure transparency and firm’s performance. Based on analyzed data the study found that there is no any relationship between corporate governance and firm’s performance. This study is recommended that the corporate governance practices should be reviewed in reliable way in Sri Lankan context.
  • Thumbnail Image
    Item
    The Impact of Corporate Governance on Firms’ Dividend Policy: Evidence from the Listed S&P SL20 Companies in the Colombo Stock Exchange
    (Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2016) Ekanayake, H.L.; Paranthaman, T.
    The concept of corporate governance is one of the issues that have attracted the attention of researchers and organization around the world. Corporate governance is measured by board size, ownership structure, board independence and CEO duality. The purpose of this study is to identify the impact of corporate governance on firms’ dividend policy for the listed S&P SL20 companies in the Colombo Stock Exchange. Twenty listed S&P SL20 companies were analyzed for a period of six years from 2010 to 2015. Data is collected from the annual reports of the companies. Statistical Package for Social Science (SPSS 19.0) is used to analyze and evaluate the collected data. Univariate, Multiple regression and correlation analyses are used to explore the association between board size, ownership structure, board independence and CEO duality and firm dividend policy. A positive impact is found between CEO duality and firm dividend policy and negative impact is found between ownership structure and firm dividend policy. The impact of board size and board independence deemed to be insignificant. In addition, it is shown that firm size and profitability explain firm dividend policy. The paper supports the fact that corporate governance is relevant in determining the dividend policy for listed S&P SL20 companies in the Colombo Stock Exchange.