Commerce and Management

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    Determinants of Career Indecision among Management Undergraduates in Sri Lanka
    (Faculty of Commerce and Management Studies, University of Kelaniya., 2022) Galhena, B.L.; Kumanayake, P. N.
    The main purpose of this study is to identify the significant factors affecting career indecision in light of state university management undergraduates in Sri Lanka. In the light of literature, five independent variables namely self-efficacy, parental influences, the economic condition of the country, poverty level and career counselling facilities were identified. The sample was derived from 153 final year management students from two metropolitan and two rural state universities. Self-administered questionnaires were used to collect the necessary data. Multiple regression analysis was used to test the hypotheses. As per the key findings of the study, self-efficacy is the most significant factor impacting career indecision. Further, findings reveal that parental influences and career counselling services significantly explain the career indecision among the respondents. An understanding of the determinants of career indecision of management undergraduates is important for career counselling firms as they can pursue strategic intervention to reduce the level of career indecisions among management undergraduates. Further, the policymakers would be benefitted from these findings as they can understand the gravity of the problem along with the root causes behind the issue.
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    The study of the Effect of Financial Development on Income Inequality in Sri Lanka
    (Department of Finance, Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Wijesundara, W.M.S.S.B.
    Income inequality is an important economic issue faced by most of the developed and developing countries. Many attempts have been made to identify a link between economic growth and income inequality in Sri Lanka. But there is a lack of literature available to identify a link between financial development and income inequality in Sri Lanka. This paper basically investigates the effect of financial development on income inequality in Sri Lanka with a new framework. This study attempts to analyze the factors responsible for income inequality in Sri Lanka. In this study the Broad money to GDP and Domestic credit to the private sector by banks as a share of GDP are used to measure the direct impact of Financial Development and also used Inflation and Government expenditure as other variables which affect income inequality. This research presents the empirical evidences of Effect of Financial Development on Income Inequality in Sri Lanka for the period of 1980-2012. The test results also confirmed that there is a linear relationship between financial development and Income inequality. And also this paper emphasized that there is a positive relationship between Government expenditure and Income inequality.
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    Multidimensionality of urban poverty: an inquiry into the crucial factors affecting well-being of the urban poor in Sri Lanka
    (International Journal of Economics, Commerce and Management, United Kingdom, 2015) Semasinghe, W.M.
    Although, identification of the nature of poverty in a specific setting is crucial for poverty analysis and designing targeted poverty reducing programs, there is no consensus among researchers, policymakers etc. on the dimensions of poverty, due to the multidimensionality and the universality of the phenomena. Even the criteria for selecting dimensions used in the literature remain controversial. Although, the poverty has been greatly discussed recently in Sri Lanka as in many other developing countries, most of the analysts have focused mainly on the identification of incidence and trends of poverty based on uni-dimensional approach. It is hard to find the methodical attempts which are made to identify the border aspects of well-being and poverty of mankind. The main objective of this paper is to identify the dimensions of urban poverty in the light of conventional methodologies and historical knowledge. Qizilbash’s ‘core poor’ framework was applied in this analysis. Findings revealed that shelter, clean drinking water, children’s education, health service, environmental pollution, addiction to drugs/ alcoholism, uncertainty about the future, sanitation, domestic violence and stability of livelihood are the crucial factors of well-being of urban poor.
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    Effectiveness of microfinance for poverty reduction in Sri Lanka
    (Department of Accountancy, University of Kelaniya, 2015) Weerasinghe, H.D.S.S.
    Microfinance, one of the widely accepted instruments for poverty alleviation throughout the world, has been used in Sri Lanka spanning for over several decades. Despite the long history and the large number of institutions microfinance services particularly to the poor, there is limited knowledge on the impact of micro finance on poverty reduction in Sri Lanka. This study intended to assess the impact of microfinance on poverty alleviation in Sri Lanka through Monaragala and Badulla districts and identify the influence of macroeconomic condition on the net impact of microfinance. Using above districts as the study area, this paper provides valuable insights into micro financing in a developing economy context. Microfinance services in Sri Lanka have a wide geographical outreach but the extent of outreach of private operators including Non-Government Organizations and commercial banks are rather limited. So from this paper analyze whether the most rural areas in Sri Lanka can be developed through microfinance. Information of microfinance institutions, Monaragala and Badulla regional officers, householders used to analyze the real impact on microfinance for poorest people in Sri Lanka. Descriptive statistics and one sample t-statistics revels that microcredit facilities help these beneficiaries to move for higher income ladders and though the nominal income of the beneficiaries has increased macroeconomic condition prevailed in Sri Lanka hampered the real benefit.