http://ir.lib.seu.ac.lk/handle/123456789/5746 2020 2026-04-15T04:14:58Z http://ir.lib.seu.ac.lk/handle/123456789/5800 Title: Dividend policy and stock return of the non-financial companies: empirical evidence from Colombo Stock Exchange Authors: Zahir, Zaha; Rajeshwaran, Nadarajah Abstract: Dividend policy is company’s policy of distributing income to shareholders from earnings. Dividend policy is measured by dividend per share, dividend yield and dividend payout. Linkages between dividend policy and stock return is still obscure, notably in non-financial companies. The objective of the study is to analyze the impact of dividend policy on stock return of the non-financial companies listed in Colombo Stock Exchange. The Purposive Sample comprises of 36 non-financial companies from six sectors of Colombo Stock Exchange covering a time span from year 2014 to 2018. Non-financial sectors selected for this study include Beverage Food and Tobacco, Manufacturing, Chemicals and Pharmaceuticals, Health care, Power and Energy and Motors. Data have been collected from annual reports of companies. Statistical Package Stata 15.0 has been used to analyze and evaluate panel data using descriptive statistics, Fixed and Random Effect. Finally, Hausman test was used to select the appropriate model to explore the impact of dividend policy on stock return. This study follows the fixed effect model. In order to explore the impact of independent variables on stock return, three hypotheses have been developed and tested. Results reveal that a positive impact is found for dividend per share, while there is a negative relationship between dividend yield and stock return. The impact of dividend payout is deemed to be insignificant. In addition, it is shown that firm size, asset growth and long-term debts explain changes to stock return. It is concluded that dividend policy is relevant with stock return for the non-financial companies listed in Colombo Stock Exchange. Findings provide new insights for investors, company management and policy makers to enhance the performance in stock market. 2020-01-01T00:00:00Z http://ir.lib.seu.ac.lk/handle/123456789/5796 Title: Effect of tourists harassments to the destination image and repeat visit intention of tourists: a case study of Sri Lnaka Authors: Arachchi, R. S. S. W. Abstract: Beach sites are considered as one of the major travel motives of the tourists to visit Sri Lanka. Sri Lanka is rich with wonderful beach sites including Hikkaduwa, Unawatuna, Bentota. However, many tourists visiting Sri Lanka have to undergo many forms of harassment. Ensuring safety of tourists in the tourists’ destinations is an important factor to retaining the higher number of tourist arrivals to the country since it is significance to the Sri Lankan Economy. Amidst to this background, the main objective of this study is to identify the types of the harassments faced by the tourists at beach sites in Sri Lanka and to identify the impact of tourists’ harassments to the destination image and the propensity to repeat. Both qualitative method and quantitative method used to carry out the study. Primary data for the research were collected using a questionnaire survey with tourists and the discussions with the community members, site guides, hoteliers, officers who work in tourism related organizations. Further, secondary data were collected using articles published in the internet, tourists police reports (RTC-PTD Report) and tourist magazines. Both systematic random sampling method and convenience sampling method used for the study, respectively sample the foreign tourists from Hikkaduwa and the inter-viewers. The study revealed that the tourists who stay at Hikkaduwa undergo of harassments from different parties like beach boys, pesters, thieves…etc. These harassments create dissatisfaction among the tourists and it also affect for the destination image and the propensity to repeat. 2020-01-01T00:00:00Z http://ir.lib.seu.ac.lk/handle/123456789/5794 Title: The determinants of financial performance of small and medium scale enterprises in Badulla District Authors: Jeewanthia, Nalika K. M.; Bhavan, T. Abstract: Small and Medium Enterprises are backbone of the economic growth in all countries. SMEs make up a large part of Sri Lanka's economy as well. There is limited information related to the relationship between socio-economic factors and the financial performance of small and medium scale enterprises in Badulla district. Therefore, the objective of this study is to attempt to investigate how for the determinants as socioeconomic factors influencing on the financial performance of small and medium scale enterprises in Badulla district. Simple random sampling method was applied to select 100 SMEs in Badulla district. The data were collected using structured questionnaires. Univariate and multiple regression analysis were employed in data analysis. Extents of the influence of Socio-Economic factors on SMEs were measured using two groups of variables Social and Economic factors such as Access to Infrastructure, Support of Family Members, Availability of Managerial Experience, Business Information Services (Social factors) and Access to Finance, Government Policy and Regulations, Macro-Economic Indicators (Economic factors). The results suggest that Social factors are found to have high influence on the performance compared to the Economic factors on the performance of small and medium scale enterprises in Badulla District. As personal factors, Age of the owner, investment level, experience and marital status of the owner are also having influence on the performance of SMEs Badulla District. It is recommended that the government should have attention to improve IT skills of SMEs owners because, of lack of IT skills of owners. To develop SMEs and improve their managerial skills, government should implement granting credit facilities, entrepreneurship training programs, counseling services and research and development in a spread and regular basis for Badulla District SMEs. 2020-01-01T00:00:00Z http://ir.lib.seu.ac.lk/handle/123456789/5791 Title: Impact of smartphone usage on academic performance: a study on undergraduates in FMSC of University of Sri Jayewardenepura, Sri Lanka Authors: Chathurangaa, M. M. N.; Jaysundara, J. M. D. P. Abstract: This Quantitative study is focused on investigating the impact of smartphone usage on academic performance of the undergraduates in Faculty of Management Studies and Commerce (FMSC) of University of Sri Jayewardenepura, Sri Lanka. Two hundred and twenty two (222) undergraduates who are currently studying in Faculty of Management Studies and Commerce of University of Sri Jayewardenepura were participated as the respondents of this study. Multiple linear regression analysis is used to investigate the relationship between the dependent variable (academic performance which is measured through GPA) and independent variables (Communicability with fellow students and lecturers, accessibility to study materials, influence on the student concentration, smartphone interaction on lecture engagement, and Student’s lifestyle). The empirical results revealed that, the majority of the respondents have used their smartphones to access social media applications, and Web-browser is identified as the most frequently used mobile application for the study purposes. There is a positive significant impact of smartphone usage on academic performance of the respondents in terms of Communicability with fellow students and lecturers, and accessibility to study materials. And also there is a negative significant impact of smartphone usage on academic performance of the respondents in terms of student’s concentration, and student’s lifestyle related with smartphone. 2020-04-01T00:00:00Z