http://ir.lib.ruh.ac.lk/handle/iruor/7399 2026-05-05T21:05:32Z 2026-05-05T21:05:32Z Thisaranga, K.D.I.U. Ariyasena, D.L.M.N.K. http://ir.lib.ruh.ac.lk/handle/iruor/17153 2024-07-31T06:49:15Z 2021-12-03T00:00:00Z

Effect of Camel Model on Bank Performance: With Special Reference to Listed Commercial Banks in Sri Lanka Thisaranga, K.D.I.U.; Ariyasena, D.L.M.N.K. The banking sector has become a rapidly growing sector in the world recently and its financial soundness and performance are essential to the stable and sustainable economic growth of a country. This study investigated the effect of CAMEL parameters on both market-based performance and accounting-based performance of eight listed commercial banks in Sri Lanka for the period 2014-2019. This study has used secondary data from audited annual financial statements of the listed commercial banks. CAMEL model is the most popular method that calculates and evaluates a bank's performance and it includes Capital Adequacy, Assets Quality, Management Efficiency, Earning ability, and Liquidity status. Return on Equity (ROE) is used as an accounting-based performance indicator and Tobin's Q ratio is used as a market-based performance indicator. The finding reveals that Capital adequacy, Assets quality, and Liquidity status have a positive significant impact on market-based performance while other CAMEL indicators have an insignificant impact on market-based performance. Furthermore, Management efficiency is negatively related to accounting-based performance, and earning ability is positively related to accounting-based performance at a significant level while other CAMEL indicators have an insignificant impact on the accounting-based performance of commercial banks in Sri Lanka. The finding of this study is helpful to the stakeholders of the commercial banks in making appropriate managerial decisions efficiently and effectively.

2021-12-03T00:00:00Z Ariyasena, D.L.M.N.K. http://ir.lib.ruh.ac.lk/handle/iruor/17151 2024-07-31T06:42:18Z 2021-01-01T00:00:00Z

Short and long-term Determinants of Commercial Bank Deposit Growth in an Emerging South Asian Economy: Sri Lanka Ariyasena, D.L.M.N.K. Purpose: The purpose of this research is to examine the main factors determining the growth of commercial bank deposits in Sri Lanka for the period 1999 - 2017. Design/Methodology/Approach: The research uses micro and macro level data collected from purposive random basis. The autoregressive distributed lag approach used to determine the significant micro and macro factors of banks deposit growth. Findings: The results show that bank steadiness, the productivity of the banking sector, the large supply of capital, economic growth and inflation are important long-term determinants of deposit growth. The findings additionally show that for bank deposit mobilization, only branch expansion and large money supply are important in the short term. Originality / Value: This study divergent from the extant from the scope empirical studies that focus on the determinants of individual savings behavior in Sri Lanka. The research investigates distinctly how bank characteristics affect deposit growth in view of the short- and long-run time dimensions, thus offering a relatively groundbreaking effort arena. Research Limitations/Future Research Directions – This is based on only for a period of eighteen years and only few determinants have been used for the study due to data availability. However, this study can be extended by using other determents of bank deposits and considering a longer time horizon.

2021-01-01T00:00:00Z Abeywickrama, H.V.D.I. Ariyasena, D.L.M.N.K. http://ir.lib.ruh.ac.lk/handle/iruor/17149 2024-07-31T06:19:01Z 2022-12-01T00:00:00Z

Micro-Level Determinants and Profitability of the Licensed Long-Term Insurance Companies in Sri Lanka Abeywickrama, H.V.D.I.; Ariyasena, D.L.M.N.K. With the drastic changes occurring in the corporate sector, the relevance of insurance companies is progressively increasing. Insurance companies are essential and contribute significantly to the country's development. Therefore, this study aims to pinpoint the micro-level factors that influence the financial success of Sri Lankan insurance companies. Return on Assets and five independent factors, including reinsurance dependence, commission ratio, reinsurance premium ratio, leverage ratio, and firm size, were used to assess financial performance. Out of the twenty-eight insurance companies accessible for this study from 2013 to 2021, eight long-term licensed insurance companies were chosen randomly as the sample. Necessary secondary information was acquired from the annual reports of each company and the Insurance Board of Sri Lanka (IBSL). Multiple regression analysis and descriptive statistics are the statistical methods used in this investigation. According to the study, only reinsurance dependence exhibits a statistically significant positive influence on Return on Assets. In contrast, statistically, it is adversely affected by commission ratio, reinsurance premium ratio, debt, and company size.

2022-12-01T00:00:00Z Deepal, A.G. Jayamaha, A. http://ir.lib.ruh.ac.lk/handle/iruor/16444 2024-03-14T06:03:14Z 2023-12-01T00:00:00Z

Audit Expectation Gap In The Public Sector: A Review of Literature Deepal, A.G.; Jayamaha, A. The Audit Expectations Gap (AEG) is a well-known phenomenon in the private sector, and it has developed into an emergent issue that has gotten minimal attention from public sector researchers. Consequently, the AEG in the public sector has been the subject of only a small number of studies, all of which have been carried out pertaining to the financial or performance audit contexts. Subsequently, numerous scholars have defined and assessed the AEG in a variety of ways in a variety of studies using a variety of parameters. The main purpose of this paper is to develop a new synthesis of the extensive literature on the AEG concerning the public sector. Moreover, this study examines the literature on AEG definitions and meanings, diverse dimensions employed to measure AEG, various methodologies used, the reasons for AEG, and mechanisms for narrowing the gap. The relevant articles were mainly selected using related keywords namely “audit expectation gap” and “audit expectation-performance gap” blended with “public sector”, “government sector” or “performance audit” from the Google Scholar search engine and three selected databases from 1974 to 2021, as suggested by Quick (2020). The dominance of the quantitative method within the positivistic approach was found in the examination of the AEG in the Public Sector. Moreover, the Mann-Whitney U test was found to be the predominant analytical method in empirical studies that primarily utilized questionnaire surveys for data collection. The "society" side in the samples has been extraordinarily diverse, whereas the "auditor" end has always been dominated by the Auditor Generals. Further, AEG in the public sector is a multifaceted concept. Multiple causes for the AEG and various approaches to minimizing it in the public sector have been presented. As far as the originality of the study is concerned, this is the first time a literature review on AEG was performed in the public sector context. Further, all of the facets of AEG have been addressed, and research gaps and potential issues for future studies in the public sector are highlighted. Eventually, a novel definition was developed, contributing originality to the existing public sector literature on AEG.

2023-12-01T00:00:00Z