Browsing by Author "Ranasinghe, D.N."

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COMPOSITION AND CONFIGURATION OF THE BOARD AND FIRM PERFORMANCE
(2010) Ranasinghe, D.N.
Corporate Governance is an obligatory adherence function in the present turbulent business environment. Evidence reveal that non-compliance have resulted collapse of corporate giants around the world. Composition and configuration (Board Structure)of the board of directors, as a corporate governance component, derived much attention; consequently, practitioners and academia have tried to identify the most appropriate board structure by linking this with performance. Extensive literature on board structure-performance relationship yields mixed results and disregards nonfinancial aspect of performance. This study tries to determine to what extent the structure of the board affects financial and non-financial performance in listed banks, finance and insurance organizations in Sri Lanka which are exposed to continuous increase in complexity, risk and change in the industry, demanding for intensive corporate governance practices. It is aimed to identify the impact of the board structure on performance measured in terms of both financial and non-financial facets.Board size, non-executive and female director proportion, CEO/Chairman independence, accounting and market based coupled with non-financial performance indicators were employed to measure the comprehensiveness of the board structure and the performance respectively. Application of robust statistical techniques revealed that the relationship between the board structure and financial performance does not have a statistically significant relationship and contradicts the literature while board structure and non-financial performance revealed a significant relationship.
Effectiveness of the privatization process on the government coconut plantation companies in Sri Lanka
(University of Kelaniya, 2012) Gunasekera, N.D.S.R.; Thushara, S.C.; Ranasinghe, D.N.
Formality of Strategic planning and Performance: A study based on Commercial Banks in Sri Lanka
(Research Symposium 2009 - Faculty of Graduate Studies, University of Kelaniya, 2009) Ranasinghe, D.N.
Strategic planning has become an important and indispensable function for the survival of any business organization in any industry ever since the inception of strategic planning. Among many industries, financial services industry faces a severe competition and risk. Hence thinking strategically has become highly crucial. Within the financial services industry, banks in particular have begun to concentrate on strategic planning as a positive response to increase in complexity and change in the financial services industry. In studies carried out by previous researchers, it has been revealed that among other things strategic planning was used to improve financial performance as well. However, research on impact of formal strategic planning on performance yields mixed results and had mainly focused only on financial aspect of performance. The aim of this study is to examine the relationship between formal strategic planning and performance in both aspects of financial and non-financial. Multiple indicator measures of strategic planning were used to ascertain the strategic planning formality. The study was conducted in the commercial banks of Sri Lanka. The results of strategic planningperformance model reveal that being formal in strategic planning improves financial performance. It further reveals that formal strategic planning have a positive impact on non-financial performance than on financial performance.
Need of improving Human Resources in health through ICT
(University of Kelaniya, 2006) Wickramasinghe, C.N.; Ranasinghe, D.N.
Ever since the emergence of human being on this earth “Health Care” has evolved and developed substantially. Caring health of people is so crucial that substantial proportion of government budget and individual out of pocket expenditure accounts for health care. Health standards measured by health indicators such as life expectancy at birth, infant mortality rate and maternal mortality rate do not increase proportionately to increments in expenditure on health. Countries like Singapore and Republic of Korea have achieved health standards closer to developed countries even though their expenditure on health is not as much as developed nations. Previous researches and surveys have found that this is due to level of education, life styles, foreign aid etc. This study evaluates the importance of human resources of health over and above financial and physical resources in improving health standards. Further increment of proportion of GDP spent on health is intolerable, alternative ways have to found. The study also looks into the opportunities available for utilising ICT in improving health standards by providing access to HR to large community. By analysing developed and developing countries it was found that there is a very significant positive relationship between number of physicians, nurses and other HR and life expectancy and significant negative relationship between expenditure and infant mortality and maternal mortality. Study revealed a significant relationship between access to clean water and sanitation and health standards. It is concluded that HR matters a lot more in improving health standards that financial and physical resources. Increasing human resources takes a long time therefore other measures have to be taken to improve health standards. It is suggested that usage of concepts like e-health and telemedicine will remedy the issue.