Open Access. Powered by Scholars. Published by Universities.®

Business Commons

Open Access. Powered by Scholars. Published by Universities.®

Articles 1 - 12 of 12

Full-Text Articles in Business

Actual And Preferred Hrm Practices In Domestic And Foreign Invested Firms, Palli Mulla K A Chandrakumara, H Gunathilake, John Glynn Feb 2014

Actual And Preferred Hrm Practices In Domestic And Foreign Invested Firms, Palli Mulla K A Chandrakumara, H Gunathilake, John Glynn

Anil Chandrakumara

This study examines differences between actual and preferred HRM policies and practices in domestic firms (DF) and MNC subsidiaries (MNCs) in Sri Lanka. The paper argues the existence of within-country differences in HRM practices between MNCs and DF. The analysis and findings are based on 487 responses from employees and HR executives of eight manufacturing sector companies. Results indicate that differences exist between MNCs and DF in not only actual HR practices, but also in preferred HRM practices. Within-culture diversity of both employees' preferences for and actual HRM practices between DF and MNCs was evident. The findings contribute to cross-cultural …


Complex And Diverse Roles Performed By Non-Executive Directors In The Context Of The Implementation Of The Non-Regulatory Codes Of Corporate Governance: Evidence From Small And Medium Firms In The Uk, H Gunathilake, Palli Mulla K A Chandrakumara Feb 2014

Complex And Diverse Roles Performed By Non-Executive Directors In The Context Of The Implementation Of The Non-Regulatory Codes Of Corporate Governance: Evidence From Small And Medium Firms In The Uk, H Gunathilake, Palli Mulla K A Chandrakumara

Anil Chandrakumara

This study aims to address two interrelated issues. (1) What is the role of nonexecutive directors (NEDs) of public companies listed in the Alternative Investment Market (AIM) in the UK? (2) Whether AIM listed companies accept the principles and provisions of the Combined Code of Corporate Governance (CCCG)? And, if so, to what extent? The findings indicate that the nature of task of NEDs of AMI listed firms is characterised by multiplicity of tasks and task variation by the type of chair. This study contributes to fill the knowledge gap in the literature with regard to the role of NEDs …


Impact Of Work Values And Individual Attributes On Citizenship And Task Performance, Anil Chandrakumara Feb 2014

Impact Of Work Values And Individual Attributes On Citizenship And Task Performance, Anil Chandrakumara

Anil Chandrakumara

This study examined the impact of work values and individual characteristics on citizenship behaviour (OCB) and task performance (TP). Based on the arguments of Social capital Theory, a theoretical foundation was developed to use work values as antecedents of OCB. Analysing 416 responses from Sri Lankan manufacturing sector employees, it was found that gender and employment category were related to citizenship performance, while level of education was related to task performance. More importantly, the impact of work values (work norms, work ethics, and intrinsic values) on OCB was found to be more significant than that of demographic factors, Overall, the …


Effects Of The Entrepreneurial And Managerial Orientations Of Owner-Managers On Company Performance: An Empirical Test In Sri Lanka, Anura De Zoysa, Palli Mulla K A Chandrakumara, Athula Manawaduge Feb 2013

Effects Of The Entrepreneurial And Managerial Orientations Of Owner-Managers On Company Performance: An Empirical Test In Sri Lanka, Anura De Zoysa, Palli Mulla K A Chandrakumara, Athula Manawaduge

Anil Chandrakumara

In this paper we have made strong distinction between managerial and entrepreneurial orientations of leadership and argued that these orientations should have different effects on the performance of companies. Data were collected from a sample of 204 owner-managers of Sri Lankan companies by administering a mailed paper questionnaire. Company performance was measured by the ratings of sales performance on the part of managers concerned. Correlation and regression analysis were then performed in the impact analysis. Our findings indicate that the leadership orientation of owner-managers of small firms is more entrepreneurial than managerial. Also, entrepreneurial orientation (EO) correlated more significantly with …


Cultural Values And Demographic Correlates Of Citizenship Performance, Anil Chandrakumara, John Glynn, H Gunathilake, S Senevirathne Feb 2013

Cultural Values And Demographic Correlates Of Citizenship Performance, Anil Chandrakumara, John Glynn, H Gunathilake, S Senevirathne

Anil Chandrakumara

This study examines the impact of cultural values on citizenship performance (CP) in the context of a developing country. Although differences in CP across cultures have been examined, the situation in developing countries is often not clear. Using a sample of 362 Sri Lankan employees, it is found that gender and education have significant impact on CP. While collectivism, future orientation, and uncertainty avoidance are found to be positively related to CP, power distance and masculinity values are negatively correlated with CP. It is also evident that the same cultural value orientation can have both positive and negative impacts on …


Corporate Governance In Sri Lanka: The Status Quo, Walter Gunathilake, Anura De Zoysa, Palli Mulla Chandrakumara Feb 2013

Corporate Governance In Sri Lanka: The Status Quo, Walter Gunathilake, Anura De Zoysa, Palli Mulla Chandrakumara

Anil Chandrakumara

This paper examines the existing corporate governance environment, practices, and institutional framework in Sri Lanka and evaluates their effectiveness to identify current issues and challenges. Sri Lanka is an emerging and rapidly growing market economy in South Asia with a liberalised economic and trade policies associated with FDI, international trade, and export-led development policies. Sri Lanka's corporate governance (CG) systems and practices have been largely influenced by both colonial economic policies and post-independence govt policies. Its CG practices consists of promoting dispersed ownerships, increasing size of a board and decreasing directorship per director, greater involvement of internationally recognized few audit …


Capital Structure And Firm Performance In Emerging Economies: An Empirical Analysis Of Sri Lankan Firms, Anura De Zoysa, Muhammad Chowdhury, Palli Mulla K A Chandrakumara, Athula Manawaduge Feb 2013

Capital Structure And Firm Performance In Emerging Economies: An Empirical Analysis Of Sri Lankan Firms, Anura De Zoysa, Muhammad Chowdhury, Palli Mulla K A Chandrakumara, Athula Manawaduge

Anil Chandrakumara

This paper offers an empirical analysis of the impact of capital structure on firm performance in thecontext of an emerging market¿Sri Lanka. The study applies both pooled and panel data regressionmodels for a sample of 155 Sri Lankan-listed firms. The results demonstrate that most of the SriLankan firms finance their operations with short-term debt capital as against the long-term debtcapital and provide strong evidence that the firm performance is negatively affected by the use of debtcapital. The study also finds a significant negative relationship between tangibility and performanceindicating inefficient utilization of non-current assets. The negative performance implicationsassociated with over-utilization of …


Capital Structure And Its Implications: Empirical Evidence From An Emerging Market In South Asia, Athula Manawaduge, Anura De Zoysa, Palli Mulla K A Chandrakumara Feb 2013

Capital Structure And Its Implications: Empirical Evidence From An Emerging Market In South Asia, Athula Manawaduge, Anura De Zoysa, Palli Mulla K A Chandrakumara

Anil Chandrakumara

Using panel data regression analysis for a sample of 171 companies, this paper examines the implications of capital structure of corporate entities in an emerging market, Sri Lanka. The results demonstrate that most of the Sri Lankan firms finance their operations with short-term debt capital as against the long-term debt capital. It provides strong evidence to indicate that debt capital has a negative impact on firm performance. The study also found a significant negative relationship between tangibility and performance indicating inefficient utilization of non-current assets. The negative performance implications associated with over-utilization of short-term debts and the under-utilization non-current assets …


Value Of Values For Practicing Managers And Leaders, Palli Mulla K A Chandrakumara Feb 2013

Value Of Values For Practicing Managers And Leaders, Palli Mulla K A Chandrakumara

Anil Chandrakumara

The aim of this article is to increase the awareness of and practical knowledge about values and their impact on management practices and behavioral and performance outcomes in organizations. It explores the meaning of values by using "preferences and priorities" and by differentiating values from other closely related concepts such as ethics, attitudes,needs, and morals. It also highlights some important evolving value patterns pertaining to customers, organizations,and employees belongs to three generations: Boomers, Generation X, and Generation Y. Another interesting aspect of the article is the exploration of evidence with regard to impact of values as an independent, moderator, and …


Impact Of Individual Characteristics And Cultural Values On Citizenship And Task Performance: Experience Of Non-Academic Employees Of Universities, Anil Chandrakumara, Subashimi Senevirathne Feb 2013

Impact Of Individual Characteristics And Cultural Values On Citizenship And Task Performance: Experience Of Non-Academic Employees Of Universities, Anil Chandrakumara, Subashimi Senevirathne

Anil Chandrakumara

This study examines the impact of individual characteristics and cultural values on citizenship and task performance (CTP) of non-academic staff members of Sri Lankan universities. Literature review provides conceptual support for the proposed links between individual characteristics, cultural values, and CTP. Survey strategy was adopted and a questionnaire was distributed among 125 employees of five universities. Analysis was based on 72 usable returned questionnaires. ANOVA, correlation and regression analyses were performed in order to examine the proposed impact.


Profitability Analysis Of Listed Manufacturing Companies In Sri Lanka And Malaysia: An Empirical Investigation, Anura De Zoysa, Athula Manawaduge, Palli Mulla K A Chandrakumara Feb 2013

Profitability Analysis Of Listed Manufacturing Companies In Sri Lanka And Malaysia: An Empirical Investigation, Anura De Zoysa, Athula Manawaduge, Palli Mulla K A Chandrakumara

Anil Chandrakumara

This paper uses empirical data on 161 listed manufacturing companies in Sri Lankaand Malaysia over the period of 2006 to 2008, and compares the performance of thesecompanies against two commonly used financial performance indicators: Return onAssets (ROA) and Return on Equity (ROE). The results indicate that during this periodSri Lankan manufacturing companies were considerably more profitable than theircounterparts in Malaysia in terms of ROA but less profitable in terms of ROE. It alsoidentifies a relatively weaker position of equity investments in the manufacturing sectorof Sri Lankan companies and attributes this to a number of factors, including: arelatively poor equity market, …


Leadership Styles And Company Performance: The Experience Of Owner-Managers Of Smes, Palli Mulla K A Chandrakumara, Anura De Zoysa, Athula S. Manawaduge Feb 2013

Leadership Styles And Company Performance: The Experience Of Owner-Managers Of Smes, Palli Mulla K A Chandrakumara, Anura De Zoysa, Athula S. Manawaduge

Anil Chandrakumara

Leadership styles of owner-managers were explored in the context of a developingcountry in South Asia with a view to examining their impact on financial performanceof SMEs. It was justified that the study has both theoretical and contextualsignificance. Data were collected from 204 companies in Sri Lanka by adopting mixedmethodologies that consisted of both qualitative and qualitative approaches.Descriptive statistics and correlation coefficient were used in the analysis. The findingsrevealed that the existence of three main leadership styles in the sample, namely;entrepreneurial, managerial, and mix of both entrepreneurial and managerialleaderships. The analysis indicated that 60 percent of firms had increased financialperformance, while …