ICARE 2018

Permanent URI for this collectionhttp://repository.kln.ac.lk/handle/123456789/19607

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Author: search.filters.author.Rathwatta, G.M.H.P.K.Subject: search.filters.subject.Corporate Governance

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    The Impact of Corporate Governance on Earnings Management in Listed Manufacturing Companies in Sri Lanka
    (4th International Conference for Accounting Researchers and Educators, Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2018) Karunarathne, J.P.J.H.; Rathwatta, G.M.H.P.K.
    Earning Management is the very important indicator to any organization as some managers manipulate earnings and the financial statements do not present according to the true and fair value. This Study objective is to analysis the relationship between corporate governance and earning management in listed manufacturing companies in Sri Lanka. C.E.O Duality (CD), Board Independence (BDIN), Board Members with Financial Expertise (BDFX), Number of Board Meeting (BDMEET), Board Size (BDSIZE) used as the Main indicator of Corporate governance and Firm Size (SIZE) and Return on Asset (ROA) used as control variables. Then, Discretionary Accrual (DA) is applied as the Earning Management indicator. The study used secondary data of all Manufacturing Company from 2013 to 2017. Data were analyzed using regression analysis and E-Views packages. The findings of the study showed that CEO duality and board size are negatively and insignificantly associated with earnings management. That depict firms which have two separate positions for Chief Executive Officer and Chairman are more effective in reducing earning management than firms which do not. Also, firms with large number of directors have lessor amount of earnings management than firms with small board size
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    Impact of Corporate Governance on Banking Performances
    (4th International Conference for Accounting Researchers and Educators, Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2018) Nishshanka, N.A.S.S.S.; Rathwatta, G.M.H.P.K.
    Corporate governance is considered to have significant implications for the growth prospects of an economy. Good corporate governance practices are regarded as important in reducing risk for investors, attracting investment capital and improving the performance of companies. However, the way in which corporate governance is organized differs between countries, depending on their economic, political and social contexts. The main objectives of this study are to find out the relationship between corporate governance and banking performance and also find out the impact of corporate governance on banking performance. This study focused on four aspects of corporate governance namely; Board Size (BS), Board Diversity (BD), Outside Directors Percentage (OSDP), Board Meeting Frequency (MF) & Audit Committee Meeting Frequency (AM). Banking performance has been measured through Return on Assets (ROA). The study used secondary data of 11 commercial banks covering the period of 2008 to 2017. Data were analysed using regression analysis and E-Views packages. The empirical results of the present study indicate that there is positive relationship between Outside Directors Percentage (OSDP), Board Meeting Frequency (MF), Board Size (BS), and Audit Committee Meeting Frequency (AM) with Return on Assets (ROA). Further Board Diversity (BD) has a negative impact on Return on Assets (ROA). This study will be benefited to all investors other than the bank sector investors.