Browsing by Author "Hettiarachchi, I."

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Control of intestinal helminthiasis in pregnancy – the Sri Lankan experience
(World Health Organization, 2003) Ismail, M.M.; Atukorala, T.M.S.; Naotunna, T.S; de Silva, N.R.; Hettiarachchi, I.
Impact of Dividend Policy on Firm Value: With Special Reference to Banking Sector
(Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2021) Hettiarachchi, I.; Fernando, P.N.D.
Introduction: This research study the impact of dividend policy on firm value in Sri Lankan banking sector. Design/Methodology/Approach: The sample of the study consist of highest market capitalization ten banks listed in Colombo Stock Exchange and the data was collected over the period of 2016 to 2020 to determine the impact of dividend policy on firm value in Sri Lankan banking sector. Market value of bank represent the dependent variable of the study and yearly dividend payment of banks represent the independent variables of the study. Panel data regression model is used as is has cross section and time series nature of data. Findings: Based on the results of the analysis among selected variables for the study dividend policy has positive significant relationship with firm value and it derived dividend policy has significant impact on firm value in Sri Lankan banking sector. Conclusion: The finale results of the model derived dividend policy has significant impact on firm value in Sri Lankan banking sector. The findings of the study will guide decision makers of the banks, potential investors, academics and other stakeholders for making their strategic planning, profit allocation and making decisions on managerial implication of banking sector.
The Role of Public Representatives in Providing Divisional Developmental Services and Public Awareness
(Faculty of Graduate Studies, University of Kelaniya, Sri Lanka, 2016) Hettiarachchi, I.
In democratic states, local governance has been given much importance. The process of local governance paves the way for inter-relationships between the state and the public and the effectiveness of this inter-relationship depends upon the active contribution of local government officials in making citizens’ lives better. So, the main objective of this study is to examine whether the local government institutions at present have been able to provide meaningful divisional developmental services to the general public. This study also aims at examining the role and contribution of local government officials/ people’s representatives and the awareness of the general public with regard to divisional developmental services. In conducting this study, it is assumed that though people’s representatives play a major role in providing developmental services, their duties in this regard have not been properly fulfilled and the general public does not possess a thorough knowledge about the public developmental services provided by local government institutions. This study is based on both primary and secondary data. Questionnaires were distributed and discussions were conducted to obtain primary data while relevant books, research reports, articles have been referred to get secondary data. Through multi-stage and random sampling methods, 60 registered respondents from Bisowela, Asideniya and Namberiyawa Grama Niladari divisions of Galigamuwa Divisional Council were selected for the study. Additionally, interviews were conducted with the chairman, 6 public representatives from both the government and the opposition and 5 officials in Galigamuwa Divisional Council. This study concludes that even though at divisional level, power has been delegated to sub-state entities, the necessities of citizens have not been adequately fulfilled by local government institutions. Also, a majority of public representatives are not fully aware of their role in providing divisional developmental services. Further, this study concludes that the lack of adequate funds and the unequal distribution of community development programmes are some of the reasons behind ineffective divisional developmental services. As recommendations, this study proposes that public representatives in every divisional council should be given proper training to educate them on their role in providing divisional developmental services and public awareness programmes on divisional developmental services should also be conducted. Also, it is recommended to allocate increased funds for community development programmes.