Browsing by Author "Selvam, M."

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    Exhaustion and stress: an empirical study among workers in apparel industry of Sri Lanka
    (University of Kelaniya, 2010) Fernando, W.R.P.K.; Selvam, M.; Bennet, E.
    Stress is a normal part of human life in the modern world. And everyone has to cope with it. The effect of stress is a deviation from the existing physical and psychological damage of human life. The aim of this paper is to identify the level of stress among apparel industry workers in Sri Lanka. A sample of 50 workers from 10 factories in apparel industry under Board of Investment (BOI) was randomly chosen for the purpose of this study. Once upon a time the apparel industry is the largest foreign exchange earner and a key generator of employment in the Sri Lankan Economy. However, Sri Lanka is no longer maintaining its comparative advantage in the apparel industry. The study has found that majority of Stress Related Factors are inter correlated and significantly influenced stress.
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    Movements and Linkages between Emerging Stock Market Indices with Currency Returns: A Study with Reference to ASIA.
    (8th International Conference on Business & Information ICBI – 2017, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2017) Lingaraja, K.; Selvam, M.; Raja, M.; Ramkumar, R. R.
    The aim of this study is to investigate the co-movements and dynamic linkages, between stock prices in emerging equity markets and exchange rates in currency markets of Asia, for eight countries, namely, China, India, Indonesia, Korea, Malaysia, Philippines, Taiwan and Thailand, by estimating correlation and granger causality tests, with 15 years daily returns for the period from 1st January, 2002 to 31st December, 2016. This research study focused on currency rate returns, which were evaluated against respective Stock market indices of Asian emerging markets. It applied different statistical tools to analyze the obtained data. The research study also analyzes the causal relationship between the time series data, pertaining to currency and sample stock indices of Asian countries. The study found no correlation between indices and exchange rate returns of countries of Asia, though very weak relationship did exists, except China and Indonesia. The result indicated the non-existence of linkages and movements between the exchange rate and stock market index, under sample emerging countries in Asia, during the period under study.