Commerce and Management
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Item The Effect of Exports and Imports on Exchange Rate over Short and Long Time Horizons: Evidence from Asian Countries(Department of Finance, University of Kelaniya., 2021) Dissanayake, D. M. U. H.; Kethmi, G. A. P.Purpose: The purpose of this study is to examine the effect of export and imports on exchange rates. Design/Methodology/Approach: This study includes eighteen Asian countries as the sample for the period of ten years from 2010 to 2019 and analyzed using Autoregressive Lag (ARDL) model. Annual exports and imports of each country are used as the Independent variable along with the dependent variable, real exchange rate. Findings: The results show that the impact of exports on the exchange rate is significant and negative in both short and long run. However, the impact of imports on the exchange rate is significant and negative in short run whereas the effect is significant and positive in the long run. Originality: This study uses Asian countries as the context of the study to examine the effect of exports and imports on real exchange rate. There are a limited number of studies have examined the current debate by covering the entire Asian Region. In examining the relationship between international trade and exchange rate, the majority of the literature investigate the impact of exchange rate on imports and exports whereas; this study contributes to the literature by examining the impact of exports and imports on exchange rate over the short and long-time horizons.Item The Effect of Money Laundering and Corruption on Banking Sector Stability in Asia(Department of Finance, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka., 2025) Nethsarani, T. W. K.; Perera, L. A. S.Introduction: The rapid development of modern technology, globalization, and the speed of computer-generated financial transactions enabled by fintech, those advantages have also benefited and facilitated the tasks of criminal groups in money laundering and corruption nowadays. This study aims to empirically test the effect of money laundering and corruption on banking sector stability in Asia. Methodology: This study collected data from 28 Asian countries for eleven years, from 2011 to 2022. The study designs a quantitative methodology, employing secondary data sources for the analysis. Corruption data were obtained from Transparency International, while the Basel Institute of Governance provided money laundering data. Additional variables were sourced from the World Bank database. Money laundering and corruption were used as independent variables and using Z-score measured the banking sector stability in the selected sample. Further, return on assets, non-performing loans, bank size, inflation, unemployment, and gross domestic product were used as control variables of the study. The analysis was conducted using regression analysis. Further, this study used random and fixed effects models. Findings: The results of the study show that money laundering has a positive and significant relationship with the stability of the banking sector in Asia, whereas another hypothesis was rejected. Additionally, return on assets and non-performing loans positively and significantly impact the banking sector stability in Asia. Conclusion: Based on the findings of the study, governments should focus on raising awareness and implementing effective policies to address these challenges. The research offers useful insights for policymakers, financial institutions, and researchers, helping them to understand the knowledge areas of money laundering and corruption. It also provides a foundation for future studies to explore this important topic further.Item Blinded by the sand of its burrowing?Examining fans’ intentions to follow one-day cricket on TV with a moderating effect of social influence(International Journal of Sports Marketing and Sponsorship, 2019) Kashif, M.; Fernando, P.M.P.; Wijenayake, S.I.Purpose – The purpose of this paper is to investigate the effect of patriotism, nostalgia, drama and excitement of the game, and interest in star players to predict fans’ intentions to follow one-day cricket in near future. Furthermore, social influence is positioned as a moderator to enrich the understanding of fans’ motives to follow one-day cricket. Design/methodology/approach – The data are collected by means of a cross-sectional survey conducted among 609 university students enroled in Pakistani and Sri Lankan universities. The collected data are analysed by employing a structural equation modelling procedures to reach meaningful conclusions. Findings – The variables of patriotism, nostalgic associations, excitement and drama of the game, and interest in star players are found to positively relate to the fans’ intentions to follow one-day cricket in near future. However, the moderating effects of social influence only moderated with interest in star players, which has practical and theoretical implications. Originality/value – The study is an original contribution to the field of sports marketing. The proposed relationships are based on social identity theory paradigm. Furthermore, the moderating effects of social influence and a multi-country data are unique to this study. Finally, in previous studies, football fans’ motivation and test-match cricket fans’ motivations are studied, hence one-day cricket as a context is also unique to this study.Item Revolution of digital communication and Asian competitive creativity chasm(2009) Wickramasinghe, C.N.; Ahmad, N.This study aims to identify changes that have taken place in the Asian technological creativity after the post-communication revolution of digital technologies. After examining the utility patent applications forwarded to the US Patent Office by 24 Asian countries between 1965 to 2007, the study partially supports the claim that the “digital communication revolution have influenced the competitive creativity development in Asia.” However, the development growth model is shaped like a snail shell, and digital technologies have not been the silver bullet that promoted the leapfrogging of creativity in stagnating countries. Information and communication technologies (ICT) should be considered as a means of technological learning rather than the end of creativity development. The challenge of strengthening stagnating Asian countries to become competitive and innovative nations will continue until the next decade. Unless necessary steps are taken to improve technological learning and local innovations in stagnating countries, their technological dependency will increase and thus deepen the marginalization in the coming eras.