Browsing by Author "Perera, R.A.A.S."

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AN EMPIRICAL STUDY OF THE RELEVANCE OF ACCOUNTING INFORMATION ON INVESTOR?S DECISIONS
(2010) Perera, R.A.A.S.; Thrikawala, S.S.
Recent empirical work has suggested that Accounting Information (AI) have lost their relevance to investors significantly over the past few decades. AI contained in financial statements to be accurate and transparent enough to provide an indication of a business performance and financial condition to decision makers including investors. According to the present empirical evidence, investors tend to focus on information other than the published accounting information such as non financial information, short term capital gains and tend to be speculative or irrational for unusual events. Therefore, this study attempts to addresses the relevance of AI on investor?s stock market decisions in Commercial Banks registered under Colombo Stock Exchange (CSE) in Sri Lanka. The relevance of accounting data was measured by correlation coefficient between Market Price per Share (MPS) and selected accounting information such as Earning per Share (EPS), Return on Equity (ROE) and Earning Yield (EY). The data analysis was based on the AI in the published financial statements of Commercial banks registered under CSE. It covers a period of 5 years from 2006 to 2009. According to the findings there is a relationship between Accounting Information and Market Price per Share. Further it revealed that investors still consider Accounting Information which contain in the published financial statements of Commercial Banks registered under CSE for the stock market decisions in Sri Lanka.
Empirical Study on Work Relationship between Managers and the Shop Floor Employees of Clothing Manufacturers at Biyagama Export Processing Zone
(University of Kelaniya, 2007) Perera, R.A.A.S.
With the expiration of the multi !iber agreement and the continued economic expansion of China and India. companies in the clothing industry have been facing numerous challenges over the past fev• years. In this setting. in order to remain efficient and maintain their competitive advantages, it is essential that these organizations should continually improve their labour efficiency, providing high quality product at competitive prices while adhering to all garment industry rules and regulations. "Social Indicator" presented by the Centre for Policy Alternative emphasizes employee work relationship as the core activity on this process. (MAS holdings Climate survey 2005) The study examined the work relationship bet\:veen Managers and the shop floor workers of clothing manufacturers at Biyagama Export Processing Zone based on the questionnaire method. Questionnaires were distributed to a sample of 45 Managers and 90 shop !1oor workers. The samples were selected using the Random sample techniques. The study concludes that 67.7% managers believe that there is a good relationship between managers and the shop floor employees, while only 42.5<% of shop floor employees endorse it. Therefore Study concludes that two groups arc having different level of understanding of the nature of the relationship existing between them, resulting in reducing the management efficiency, labour productivity etc. Consequently, the managers should realize this fact and make necessary course of action to correct this phenomenon to make the industry more competitive in the present globalized world.
Rationalization of Privatizing State Sector Commercial Banks: A comparative study of the public sector and the private sector commercial banks
(University of Kelaniya, 2008) Surangi, H.A.K.N.S.; Perera, R.A.A.S.
There is a perception that the public sector commercial banks operate at a lesser degree of efficiency with earning a lower level of profit compared to the private sector commercial banks. Taking the above scenario into account, this study tries to make a comparative appraisal of the functionality of the private sector and the public sector banks. The prime objective of this study is to examine whether it is mandatory for the public sector banks to be privatized in order to increase their functionality. Also, this study attempts to find out the possibility of increasing productivity of the public sector banks by restructuring. In order to achieve the objectives of the study, 4 banks including two public sector banks and two private sector banks were selected randomly. For the purpose of data analysis, statistical data for the period of 5 years have been derived from the annual reports of 4 banks such as Peoples' Bank, Bank of Ceylon, Hatton National Bank and Commercial Bank. The study concludes that the privately owned banks are operating at a higher rate of functionality than the public sector banks. This indicates that private ownership is the most suitable form for the commercial banking sector to operate more efficiently.
Utilization of Smart Building Management Systems (SBMS) in Sri Lankan Private Healthcare Industry
(Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2016) Weerasinghe, A.G.; Perera, R.A.A.S.
Modern building management systems make hospitals more intelligent and more productive. It is very important to identify barriers to install and utilize them in private hospitals as integrated building management systems are required to be existent in hospitals since critical patient care is involved. Purpose of the study is to find out difficulties encountered to utilize SBMSs in Private Healthcare industry. Target population for this study is Private hospitals in Western province, Sri Lanka. In this study, collected data from reputed private hospitals and used single embedded case study method. The primary data were obtained through a semi-structured interviews, direct observations and internal documents which are collected during hospital visits and NVivo is used as data analysis tools. This study provides useful framework to identify barriers for installing and utilization of integrated building management systems in private hospitals in Sri Lanka and to give solutions to overcome barriers.