Browsing by Author "Weerasooriya, W.M.R.B."

Filter results by typing the first few letters
Now showing 1 - 3 of 3
  • Thumbnail Image
    Item
  • Thumbnail Image
    Item
    The Impact of Internal Controls on Organizational Performance of State-Owned Commercial Banks in Sri Lanka
    (International Conference on Business and Information (ICBI – 2019), [Accounting, Finance and Economics]. Faculty of Commerce and Management Studies, University of Kelaniya Sri Lanka, 2019) Kumari, K.A.H.M.; Weerasooriya, W.M.R.B.
    Internal control system plays an important role in determining how banks achieve their performance in a competitive business landscape. This study proposes to investigate the impact of internal controls on organizational performance of state-owned commercial banks in Sri Lanka. For this study, internal control was measured by five components: control environment; control activities; risk assessment; information; and communication, and monitoring as per COSO (Committee of Sponsoring Organizations of Tread Way Commission). 132 executive level employees from state-owned commercial banks in the Central province responded to the questionnaire. Respondent sample was selected using stratifiedԁ sampling technique. Correlation analysis revealed that internal controls have a significant positive relationship with organizational performance in the case of state-owned commercial banks in the Central Province. This means that state-owned commercial banks should pay more attention to internal controls pertaining to control activities and risk assessment because these variables predict the organizational performance of state-owned commercial banks in the Central Province of Sri Lanka.
  • Thumbnail Image
    Item
    The impact of strategic planning for training and educational non government organizations in Sri Lanka: an evaluation using the balanced scorecard
    (2014) de Alwis, A.C.; Weerasooriya, W.M.R.B.; Khatibi, Ali.
    This purpose of this study is to investigate the impact of strategic planning, based on the balanced scorecard concept, to emphatically investigate the training and educational non-government organizations in Sri Lanka. This study aims at performance effectiveness made using the multiple perspectives of the balanced scorecard (Robert S. Kaplan & David P. Norton, 1992 a). A fifth dimension was added to the balanced scorecard, developed originally by Niven (2008), which is volunteers’ development. Fifty executives were selected from the Sri Lankan training and educational non-government organizations for this study. Results however, did not show that most of the Sri Lankan non governments are fully aware of the BSC as a tool for assessing their performance effectiveness. A statistically significant difference was found in four out of five domains embraced by the BSC performance effectiveness scale and four out of seven hypotheses were supported to the performance effectiveness model. The NGO’s sector in Sri Lanka is highly fragmented and lacks the formal means necessary for effective performance reporting.