Browsing by Author "De Silva, P.O."
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Item Impact of Corporate Social Responsibility on Corporate Financial Performance: Evidence from CSE Enlisted Manufacturing Companies in Sri Lanka(Uva Wellassa University of Sri Lanka, 2020) Jayasundara, K.P.D.C.M.; Gunaratne, Y.M.C.; De Silva, P.O.Corporate Social Responsibility (CSR) is considered as an approach that contributes to sustainable development by delivering economic, social, and environmental benefits to all stakeholders. However, there is no consensus in the literature on the relationship between CSR and financial performance of corporations. Hence this study endeavored to explore the impact of CSR on corporate financial performance referring to the manufacturing companies listed in the Colombo Stock Exchange in Sri Lanka. The Stakeholder Perspective Theory provides valid insights to develop a CSR scale and it was used to measure CSR whereas the Return on Assets and Return on Equity were used as the proxies for the Financial Performance of corporations. Further, the risk ascertained through the Debt-to-Equity ratio considered as the control variable. The sample of this study consisted of ten manufacturing companies listed in the Colombo Stock Exchange and the sample period spaned for five years from 2011 – 2018. Accordingly, the study used 50 firm-year observations for the analysis and this study was based on secondary data and quantitative approach. Descriptive statistics, correlation coefficient, and panel data regression analysis techniques were used to accomplish the objectives of the study. The results revealed that CSR had a significant positive impact on the corporate financial performance of listed manufacturing companies in Sri Lanka. Moreover, it revealed that the control variable of risk had a significant negative relationship with Return on Assets while an insignificant relationship with Return on Equity. This study recommends the companies to maintain CSR activities at optimum level for all stakeholders as it leads to improve financial performance. . Keywords: Corporate financial performance, Corporate social responsibility, Colombo Stock Exchange, Return on assets, Return on equityItem The Impact of Emotional Intelligence and Quality of Work Life on Organizational Citizenship Behaviour (With Special Reference to Banking Employees)(Uva Wellassa University of Sri Lanka, 2021) Dissanayake, D.F.; Wachissara, P.; De Silva, P.O.Organizational citizenship behaviour as an emerging concept concentrate on organizational effectiveness and success has been gained intense attention from scholars since the last decade Organizational citizenship behaviour (OCB) plays a crucial role in the service sector, and profoundly in the banking sector. The quality of work-life and emotional intelligence as the cannons of OCB act as the most influential factors in organizational effectiveness. However, the extant literature in this context is fragmented and limited. Therefore, the study overlooks the impact of emotional intelligence and quality of work-life on organizational citizenship behaviour. Accordingly, the study evaluated the perceptions of 150 employees who worked in state banks Sri Lanak by employing a quantitative research design. A self-administered 5 point Lickert scale questionnaire designed to measure emotional intelligence, quality of work-life and organizational citizenship behaviour.was distributed among the study sample following the convenience sampling technique. The gathered data were analysed incorporating Partial Least Square – structural equation modelling through PLS path modelling and SPSS. The findings ascertained a significant relationship between the quality of work- life, emotional intelligence and organizational citizenship behaviour. Moreover, quality of work-life determined as the most influential variable in establishing OCB. Thus, the study recommends a regulatory and policy framework to encapsulate these elements into Organizational Citizenship Behaviour. Keywords: Banking sector; Emotional intelligence; Organizational citizenship behavior; Quality of work lifeItem Innovation and Triple Bottom Line: The Role of Environmental Dynamism(Uva Wellassa University of Sri Lanka, 2021) Vithusa, U.; Jayawardane, A.A.K.K.; De Silva, P.O.Small Medium Enterprises (SMEs) are considered as driving engines of a country‟s economy. In Jaffna District, there has been no significant improvement in the development of SMEs due to inadequate financial resources, lack of governmental support, work condition, inadequate innovation and environmental pollution. Hence, SMEs organizations are using some innovative practice to achieve their sustainability with regards to Triple Bottom Line (TBL) goals are arisen to measure SMEs performance. However, this study aims to consider Environmental Dynamism as a moderating variable, to build a conceptual framework for innovation and triple bottom line goals. Thus, this study evaluated the relationship between innovations and Triple bottom line and while the relationship between innovation and Triple Bottom Line with Environmental Dynamism. Questionnaires were distributed by using random sampling technique to collect primary data from 120 managerial level employees who are working in 120 SMEs manufacturing organizations that are registered under Industrial Development Board (IDB) in Jaffna District. Moreover, descriptive statistics as mean, standard deviation and percentage were analyzed through SPSS software. The measurement model was tested through content validity, convergent validity and discriminant validity and structural model as Partial Least Squares Structural Equation Modeling (PLS-SEM) analysis and Assessment of moderation analysis were performed to analyze the research objectives using Smart PLS 3. Software to analyze those data. The results of the study indicated that there is a positive relationship between innovation and Triple bottom line goals. Further identified, environmental dynamism is negatively moderated relationship between innovation and Triple Bottom Line goals. Based on research findings, the study recommended that when SMEs produces new products or services to their market, they must concern about their people, profit and environment. Detailed findings say that innovation leads to achieving TBL in the SMEs strongly influence on environmental dynamism. Finally, this study would be done a greater job to increase the performance of SMEs in Jaffna District. Keywords: Environmental Dynamism; Innovations; Small Medium Enterprises (SMEs); Triple Bottom Line