Chamod Ranaweera is a researcher and lecturer attached to the Department of Finance within the Faculty of Management and Finance at the University of Ruhuna, Sri Lanka. With a scholarly focus rooted in the behavioral dimensions of financial decision-making, his academic profile bridges theoretical inquiry and applied financial analysis, contributing to a growing body of literature that interrogates how human behavior, governance structures, and market forces intersect.
Behavioral Finance Corporate Governance Asset Pricing Sustainability Reporting (ESG) Climate Change & Finance Forensic
The impact of integrated reporting on the firm performance of Sri Lankan listed companies was investigated in this study. A new reporting framework called integrated reporting tries to improve the ability of the investors for assessing the prospects of the firm and to remedy the shortcomings of the traditional reporting model of accounting. The study has included an analysis of quantitative data gathered from 42 companies listed on the Colombo Stock Exchange between 2016 and 2020. STATA - 14 software was used to analyze the data, which included panel regression analysis, correlation, and descriptive statistics. It has concluded that integrated reporting impacts the firm performance of the listed companies were based on the Return on Asset and Return on Equity. The study's findings demonstrated that Integrated Reporting has a significant negative impact on firm performance based on Return on Asset and Return on Equity while having a significant positive impact on firm performance based on Earnings per share.
The purpose of this study is to examine the impact of an operating cycle on the firm's profitability in the material sector companies in Sri Lanka. The return on assets ratio (ROA) is used as a firm's profitability measure and measure the operating cycle effect by using the inventory holding period and receivable collection period. This study used panel data consisting of 12 material sector companies in Sri Lanka from 2015 to 2019. This research is conducted based on secondary data as well as data will be obtained from the annual reports and websites of the material sector companies in Sri Lanka STATA used to analyse data. The fixedeffect model was chosen to examine the impact of the operating cycle on the firm's profitability. For this research, frequency analysis, descriptive analysis, correlation analysis and simple regression analysis under univariate analysis and multiple regression analysis has been conducted. According to descriptive analysis, operating cycle effect and firm's profitability is high level in material companies of Sri Lanka. Based on the result of the correlation analysis, there is a significant relationship between variables and as per the regression analysis, there is a significant effect of the impact of the operating cycle on a firm's profitability in the material sector companies in Sri Lanka.
The price of a share is influenced by a variety of internal and external factors. Internal factors are those dependent on the company, such as return on equity, and earnings per share. The external influences include raw material pricing, economic trends, inflation, investor confidence, interest rate, exchange rate, and other factors that are beyond the firm's control. Both kind of factors may influence the investor’s future expectations and risk-taking ability, and as a result that they take their investment decisions. This study aimed to examine the factors affecting share prices in finance companies in Sri Lanka for the period of five years, from 2017 to 2022. For that purpose, researchers selected the independent variable as the share price, while the dependent variables are earnings per share (EPS), return on equity (ROE), interest rate, inflation, and exchange rate. The researchers collected data from the CSE data library, Company annual reports, and Central Bank Reports. The STATA was used to analyze the data in this study. Descriptive Statistics, Correlation Analysis, Regression Analysis were performed as analytical tools. The findings highlighted that EPS and inflation positively impact raw material pricing, while ROE, interest rate, and exchange rate showed a negative impact. But only EPS shows a significant impact on the raw material pricing. This study suggested to take at least 10 years duration for data collection and consider more internal and external factors.
This paper aims to estimate the impacts of macroeconomic indicators on the formation of the shadow economy across five South Asian countrie…
