General Management

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    Factors affecting successful implementation of E-government projects in Sri Lanka
    (2009) Wickramarachchi, A.P.R.; Gunawardana, L.H.D.
    E-government concept which enables governments to provide an enhanced service has become one of a most widely discussed topics today. Sri Lanka is lagging behind in this respect when compared with developed countries and many developing countries. In 2002 the government of Sri Lanka launched the e-Sri Lanka programme to spread the dividends of ICT across the country. There is considerable evidence to point out that most of the Sri Lankan government institutes are only in the initial phase of implementing e-government services, and some experienced failures due to number of problems such as poor infrastructure, ineffective leadership, ineffective requirement identification etc. Very few researches have been conducted to identify factors that contribute towards successful completion of e-government projects, especially in Sri Lanka. The objective of this research is to identify enablers of successful e-government projects and to develop a framework which may help organizations to initiate, execute and implement e-government efforts successfully. A survey was carried out among selected public sector organizations to collect data. Based on the research, it was found that clear vision for e-government, well established objectives and strategies, effective leadership, attitudes of management and staff, availability of funds, size of IT staff, requirement identification, overall Information technology infrastructure, and business process re engineering are the most important factors an organization should address when implementing e-government projects. Moreover, it is quite evident that some factors are specific to individual organization. The framework developed highlights the common e-government enablers that should receive more attention in each stage of the life cycle of e-government project.
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    A Study on the factors that affect establishment of businesses by rural entrepreneurs
    (2008) Siri, J.G.S.; Jayalal, S.
    In Sri Lanka, as in other developing countries community development is considered as the development of the rural poor. It is estimated that 88% of the poor communities live in rural areas in Sri Lanka. Rural entrepreneur is a crucial entity of the rural community. As far as the economic development is concerned it is important to address their needs and problems when bridging the gap between poor and rich. A policy strategy recognizing the challenges facing rural entrepreneurs could do much to reduce the regional disparities and rural poverty in Sri Lanka. Rural entrepreneurship is one of the newest areas of research in the entrepreneurship field. It has become one of the significant supportive factors for rural economic development. This study which explored the factors that affect rural entrepreneurs was carried out in selected villages of seven districts namely Anuradhapura, Monaragala, Nuwara Eliya, Kegalle, Kaluthara, Puttalam and Ratnapura. The study covered the rural areas in each district. The Vidatha Resources Centers1, initiated by the government is facilitating technology transfer with a view to promote rural entrepreneurship. Even though many resources have been spent through the Vidatha Resources Centers, the majority of existing and potential entrepreneurs are yet to realize the way to run their business successfully. The main objective of this study was to identify the factors influencing rural entrepreneurs when establishing and expanding their business with a view to fill the knowledge gap in real problems of rural entrepreneurs to be addressed during the process of planning and thereby to maximize output from rural entrepreneurship development programmes. The research process was divided into two phases. In the first phase, secondary document analysis and informal interviews with key entities were carried out. The second phase was characterized by in-depth interviews with female and male entrepreneurs in rural villages, Science and Technology Officers and Field Officers at the Vidatha Resources Centers. The hypotheses tested were that, whether the level of education, age of the entrepreneur and a marketing plan at the beginning influence the success of the establishment and the level of income from the enterprise.Key findings of this study were that the level of education, age of the entrepreneur and a marketing plan at the beginning influence the success ofthe establishment and the level of income from the enterprise. Most of the entrepreneurs who had a marketing plan at the beginning (before establishing the enterprise) have been able to carry out their business successfully and withstand the market forces. It was found that previous experience in the relevant business field, gender of the entrepreneur, availability of new technology, limited access for micro-credits, availability of training programmes and lack of business development for service providers at rural level do not have a significant influence on the success or failure of the enterprise. Since majority of them have utilized their own savings to start up the enterprise, there is no significant influence of limited access to sources of micro credit at the point of establishing the business. However, it was observed that they face difficulties due to limited access to sources of micro-credits when they are going to expand their business further. The reasons for failure of enterprises were also surfaced in this study. Lack of training,difficulty to find a market, inability to find micro-credits and market competition are some of the reasons for failure as given by the entrepreneurs.
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    Labour Market Distortions in Sri Lanka: Have they reduced under liberalised economic policies?
    (Faculty of Graduate Studies, University of Kelaniya, 2005) Patabendige, A.J.
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    An investigation of dividend policy behavior and information content of dividends in selected countries
    (2006) Peter, P.L.S.; Bamunuarachchi, G.K.
    Any company that essentially exists with the objective of maximizing the wealth of its shareholders is faced with the choice of either paying dividends now or reinvest now to pay later. This choice forms the background for the dividend policy decision that defines the time pattern of dividend payout.Numerous theoretical and empirical publications have kept dividend policy in its prominent status in corporate finance literature. Studies on dividend policy have been applied on companies listed in stock markets of both developed and developing countries.Employing meta-analysis that combines the results of several studies conducted on capital markets of a selected sample of countries, this paper analyses the dividend policy behavior of countries around the world in terms of dividend policy stability and the information content of dividend announcements. The paper concludes that the state of development of the country does have an impact on the dividend policy stability as companies in more matured markets in developed countries tend to maintain dividend stability although companies in emerging markets of developing countries have been unable to do so. On the other hand with respect to information content of dividend announcements it is evident that dividends have significant information content in all share markets and that on average all markets react negatively to surprise decreases in dividends which is more than proportionate to the positive reaction to surprise increases in dividends. Further it can be concluded that emerging markets take considerable time to fully incorporate information contained in dividend announcements while in mature markets it is less so. Mature markets tend to be more inline with the market efficiency hypothesis with respect to dividend announcements. As future research an investigation of dividend policy behavior and information content of dividends in a Sri Lankan context is to be conducted.