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Item Impact of Dynamic Capabilities on Global Mind-set: The Case of ICT Start-ups in Sri Lanka(Department of Marketing Management, University of Kelaniya, Sri Lanka., 2021) Jayasuriya, C. H.; Perera, G. A. T. R.The purpose of this study is to explore how firm-level dynamic capabilities influence the level of firms’ global mindset in information and communication technology (ICT) startups in Sri Lanka. Based on the literature on dynamic capabilities and global mindset, the impact of dynamic capabilities on global mindset is tested empirically on a sample of 295 Sri Lankan ICT start-up firms using structural equation modeling (SEM) analysis technique to find whether if there is any difference of the impact from sensing dynamic capabilities, seizing capabilities and reconfiguration capabilities on the global mindset. The results show a positive significant impact of the sensing, seizing and reconfiguration capabilities on the global mindset in ICT startups in Sri Lanka. However, among three different but theoretically interrelated capabilities, seizing and reconfiguration dynamic capabilities have shown the strongest impact on the global mindset. This study contributes to the emerging literature of global mindset in the international business and to strategic management literature by understanding the global mindset through the lenses of dynamic capabilities as organizational level contingencies.Item Innovation and its Impact on Consumer Brand Equity: With Evidence from Modern Trade Industry in Colombo, Sri Lanka(Department of Marketing Management, University of Kelaniya, Sri Lanka., 2021) Liyanage, O. N. N.; Wanninayake, W. M. C. B.Innovations enable organizations to introduce novel products and services to its customers. However, within the Modern Trade Industry in Sri Lanka, firms deploy innovations, yet if that is influencing firms establish greater relationships with its customer’s, remains unclear. Similarly, firms focus greatly upon consumer-based brand equity within the modern trade industry but there are no sufficient empirical studies to confirm the contribution of innovation for enhancing consumer based brand equity in modern trade environment. Therefore, the purpose of this study is to investigate the innovation on consumer based brand equity in modern trade sector in Sri Lanka. Literature suggests that concept of innovation is formed using innovative outcomes and innovative planning. Hence authors used these two dimensions that form innovation as independent variables to determine the consumer-based brand equity. The research was designed as quantitative research based on positivist paradigm and data were collected through a survey. Accordingly, 280 self-administered questionnaires, were obtained from respondents who are modern trade consumers in Colombo, Sri Lanka. The collected data were analyzed by using both descriptive and inferential statistics tools. PLS-SEM was employed as the main measurement model for testing hypothesis by using Smart-PLS 3 as the main analytical software. The findings revealed that innovation as an outcome and innovative planning, both can significantly influence upon consumer-based brand equity. Hence, authors suggest management of modern trade retailers to develop innovative technology driven retail platform to provide pleasant shopping experience to the customers with the purpose of improving consumer-based brand equity. Authors suggests future researches to investigate the impact of leadership on the implementation of innovations within the modern trade retailers in Sri Lankan context.Item Evaluation of Solid Food Waste Management Strategies in Estate Schools in Sri Lanka and Its Environmental Impact(Department of Marketing Management, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2020) Kandegama, W. M. W. W.; Kumara, I. P. W. A. V.; Karunarathne, K. H. M. I.Food wastes (FW) has become a crucial global issues. Food production should be increased substantially to meet the need of growing population, high tendency of spoilage and consumer preference are some of the main reasons for food waste. FW predominantly happen in public places such as hotels, hospitals and industrial parks. FW in Sri Lanka, several institutes can be highlighted including schools. 10194 government schools and 80 registered private school chains are functioning throughout the country. In which, total population including both students and teachers are over 4.5 million. Thus, handling large quantity of food in schools, leads to generate huge quantities of FW and it directly affect to the national economy. Therefore, this qualitative research was designed and implemented to determine reasons for FW and evaluate the efficiency of existing FW handling strategies in schools. The data were collected from 12 schools in each educational zone at Kegalle and Kurunegala, through a survey from teachers and students. Majority of students were provided homemade breakfast in both zones, further 20.92% of students in Kegalle and 37.21% of students in Kurunegala have wasted food with some percentage of breakfast daily. In addition, plate waste of free breakfast provided by school was identified as 20.31% of students and 24.62% of students in Kegalle and Kurunegala areas respectively. Free lunch was provided schools only in Kegalle educational zone and among those who was fed from school meal; 37.5% of students have wasted food in various percentages. Majority of students have brought lunch from home and 26.51% of students in Kegalle and 26.12% of students in Kurunegala thrown some amount of lunch daily. FW was comparatively high, when meals provided from school. Further, study revealed that most of school have not established an effective FW handling system within the premises. Therefore, a systematic programs should be implemented to control food wastes. In addition, awareness programs should be carried out to educate students to minimize FW. It is necessary to investigate the reasons for wasting large quantities from school meal. Finally, a national campaign on “Stop Food Waste” should be launched for school community to create a sustainable environmental development with appropriate mechanisms of school and family education.Item Train Human Resources with Buddhist Teachings for Sustainable Economic Development(Department of Human Resource Management, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2024) Bulugahapitiye, N.Sri Lanka is currently facing a profound economic crisis rooted in internal issues such as management inefficiencies, attitudes, and political interventions. This study aims to explore the integration of Buddhist teachings on economic management to address these challenges and foster sustainable development. Utilizing a qualitative approach, the research analyzes the Buddhist Pali canon alongside contemporary economic theories. The findings emphasize the relevance of Buddhist principles in tackling poverty, economic mismanagement, and social issues. Key teachings from Buddhist scriptures such as the Kūṭadanta sutta and Sigalovada Sutta offer frameworks for eradicating poverty, achieving full employment, and ensuring the basic needs of the population. The study also highlights the importance of ethical governance as discussed in the Mahaparinibbana Sutta and Cakkavattisihanada Sutta, suggesting that transparency, accountability, and compassion are crucial for economic stability. Additionally, Buddhist concepts of contentment and mindful consumption, as articulated in the Dhammapada, provide insights into sustainable resource use and environmental conservation. The integration of these teachings into education and professional training can cultivate values of mindfulness, ethical conduct, and social responsibility. The practical application of Buddhist teachings in economic policies, community initiatives, and fair trade practices can enhance social harmony and reduce economic disparities. Despite potential challenges such as cultural shifts and policy implementation, the study concludes that Buddhist teachings offer a holistic approach to addressing Sri Lanka's economic crisis and achieving sustainable development. By applying these principles, Sri Lanka can create a more equitable and prosperous society that values both material and spiritual well-being.Item Impact of COVID-19 on Employee Well-being in Apparel Industry in Sri Lanka(Department of Human Resource Management, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2023) Lakmali, M. G. T.; Sandeepani, D. M. M.Sri Lanka is one of the most vulnerable developing countries suffering from the emergence of novel COVID-19 pandemic. Along these lines, the Sri Lankan apparel sector was mainly impacted. Examining the impact of epidemics on the well-being of employees who work in the Sri Lankan apparel industry is a notable research direction as per the empirical evidence. Thus, the present study aimed to examine the attributes of perceived pandemic concerns in terms of physical, psychological, financial, and concerns regarding social gaze while investigating the well-being of employees working in the apparel sector during COVID-19. A total of 100 apparel sector employees from 10 different companies in Sri Lanka was selected as respondents using simple random sampling technique. A Google-form based questionnaire was developed for the data collection. Data analysis was conducted applying structural equation modelling using SMART PLS software. The results revealed that employees’ physical, psychological, financial, and concerns regarding social gaze, have a significant influence on their work stress during COVID-19 pandemic. Furthermore, work stress during pandemic significantly influences employee well-being in the Sri Lankan apparel industry. Moreover, significant indirect influences were identified between physical, psychological, and financial concerns and employee well-being via work stress. The present study provides valuable insights to the human resource officials attached to the apparel industry to mitigate possible work stress of employees to ensure higher employee well-being during pandemic situations.Item HR Department’s Compelling New Role in Workplace Transition in Response to the Coronavirus(Department of Human Resource Management, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2021) Peiris, J. M. P. M.COVID-19 is a global health crisis that started in Wuhan, China, and spread rapidly around the world. This pandemic has resulted in restrictions on movement and the temporary closure of workplace premises, business organizations made provisions for implementing remote work. The objective of this conceptual study is to investigate, HR department’s compelling new role in the workplace transition, in response to the covid 19 post-pandemic situations within the Sri Lankan context. The conceptualization was made upon, expanding the role of the HR department in the workplace. A comprehensive literature review was used as the method for this study to achieve the aforementioned study objective. Based on the literature, this study identified that previously HR departments focused on a day in life tasks, administering benefits, and drive to sustainable competitiveness. However, HR teams are now in support of their company's crisis management efforts. Based on the study it has identified, the HR department’s compelling new role in four areas. Developing mental and physical wellbeing of employees, improving the efficiency of remote work, developing employee engagement through effective communication, and providing equal access to opportunities and resources. The practical implications are attempting to promote the HR department’s expanding role in demonstrating a way for the positive results associated with workplace transition in the covid-19 post-pandemic situation.Item Factors Influencing on Career Choice of Management and Commerce Undergraduates in National Universities in Sri Lanka(Department of Human Resource Management, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2020) Saranapala, I. S.; Devadas, U. M.Selecting one’s career wisely and rightly is a core factor for performance, individual satisfaction and societal wellbeing. Identifying what determines career choice among undergraduates can have many a benefit. This study, therefore, aims at exploring the influence of various factors on career choice decision among management and commerce undergraduates in national universities in Sri Lanka. The existing literature in this regard, within the study context, is skeletal, and that this study, having explained about the socio-demographical composition of management and commerce undergraduates, achieved three research objectives; to assess the level of career choice among Sri Lankan national university management and commerce undergraduates; to identify the priorities of factors affecting career choices; and thirdly, to assess the influence of such career choice factors on level of career choices among Management and Commerce undergraduates in the national universities in Sri Lanka. This study designed as a postpositivist study, taking all national universities that have commerce and management streams as the population while using systematic random sampling. Data were collected using self reported questionnaire from 371 final year management and commerce, undergraduates in six Sri Lankan national universities. Correlation and regression analysis were used in analyzing data. Survey results revealed that personal factors and Job-related factors are the most influential factors on determining graduates’ career choice. Researchers concluded that, personal factors highly influence on career choices that implicate graduates be choosier in deciding their careers rather accepting available and demanded careers in the country. Further, it was concluded that majority of the graduates, concerned have moderately level career awareness. That implicates that graduates may not find their rightly matching career at their earliest, instead, they may realize it, after starting work. The identified implications guided the authors to recommend strong career development activities by the universities through their curricula and out of curricula activities to create career awareness of the most demanding and prioritized careers while motivating the graduates to accept such available careers.Item Predictors of Consumer Creditworthiness: Evidence from Personal Loan Borrowers of a Leading Public Bank in Sri Lanka(Department of Finance, University of Kelaniya., 2023) Nadeesha, R. P. S.; Madhushani, P. W. G.Purpose: The motivation of this study is to explore the significant determinants of consumers’ creditworthiness which support the development of a credit scoring model as non-performing loans are a major problem in lending institutions. Design/Methodology/Approach: Data were collected from four branches of a leading Commercial Bank in the Gampaha District under the convenience sampling technique with 130 personal loan borrowers as the study sample. Findings: The logit model test resulted that age, level of education, and monthly income, are positively influencing the creditworthiness of the borrowers. Increasing the number of dependents and the tenure of the loan have more chances of default. 39% to 56% of the dependent variable was explained by the independent variables in the regression model and the model predicted default correctly by 85.4%. Originality: The study contributes to the existing literature in terms of identifying important predictors for developing a credit-scoring model while helping lenders to assess the creditworthiness of personal loan applicants. Hence the study will assist in taking effectual measures to enhance the quality of the credit approval process and ultimately reduce the losses of lending institutions from bad debt.Item Corporate Governance and Corporate Social Responsibility Disclosures: Evidence from the Listed Companies in Sri Lanka(Department of Finance, University of Kelaniya., 2023) Sarmila, K.; Niresh, J. A.Purpose: The primary objective of this study is to investigate the nexus between corporate governance and corporate social responsibility disclosure in Sri Lankan listed firms. Design/Methodology/Approach: Corporate governance was evaluated using the following criteria: board size, board independence, role duality, women representation, audit committee size, and ownership concentration. The Global Reporting Initiative (GRI) methodology was utilized to assess Corporate Social Responsibility Disclosure (CSRD) using content analysis. This study collects balanced panel data from 44 Sri Lankan listed firms over a five-year period, from 2018 to 2022. Because of their highly regulated nature, the banking, finance, insurance, and investment trust industries were omitted from the sample. All of the information was gathered from yearly reports published on the Colombo Stock Exchange's website in Sri Lanka. Findings: Test results suggest that board size, independence, and women representation have no significant relationship with CSRD. Role Duality, Audit Committee Size and Ownership Concentration exhibit a significant association with CSRD. Moreover, the mean value of the CSRD is 44.56 percent for the selected listed companies in Sri Lanka. Originality: This study contributes to determining the extent to which companies have adhered to the GRI as a widely acknowledged disclosure framework. It provides value to the company's management in order for them to make better judgments on whether the firms should involve them in more corporate governance disclosures in order to raise the degree of CSR to enhance transparency and to promote stakeholders' well-being. The outcome also has ramifications for regulatory agencies in developing obligatory reporting requirements for all listed firms to comply with the GRI framework.Item Stakeholders’ Perception on Auditors’ Role and Its Impact on Audit Expectation Gap with Special Reference to Licensed Commercial Banks in Sri Lanka(Department of Finance, University of Kelaniya., 2022) Prawanth, S.; Perera, K. H.Purpose: This study was conducted to understand the stakeholder perception on auditors’ role and its impact on audit expectation gap. Design/Methodology/Approach: A sample of 457 shareholders, employees, customers, and auditors from different licensed commercial banks were selected for the study using the convenience sampling method. Information collected through questionnaires was analyzed using descriptive analysis and Mann Whitney U test. Findings: The study revealed an audit expectation gap between auditors and the shareholders; the auditors and customers; and auditors and employees in the areas of audit responsibility, the usefulness of audited financial statements, audit education, and providing non-assurance services. However, this gap was not significant with regard to audit reliability among auditors and employees. Practical Implication: The main reason behind this gap is the lack of proper education and understanding of the audit standards and audit practices. This gap can be reduced by giving adequate knowledge and awareness of audits to the stakeholders and the users of financial statements in general. Limitations: The study considered the stakeholders of licensed commercial banks in Sri Lanka, whereas there are so many other financial institutions registered under the Central bank of Sri Lanka.