Recent Submissions

ItemOpen Access
Alcohol and Heart - Health Nexus in Lower MiddleIncome Countries: Cardiovascular Risks Study
(SLIIT,Business School, 2024) Gamage,J; Oshini, A; Palliyaguru, D; Senarathne,B; Rajamanthri, L; Wichramarachchi, C
Cardiovascular diseases have become a growing concern in lower-middle-income countries, not only as a public health challenge but also as a critical management issue influencing workforce productivity, absenteeism, and organizational performance. Understanding how lifestyle factors such as alcohol consumption affect cardiovascular health is vital for developing sustainable workplace health strategies. This study examines the impact of alcohol consumption—classified as wine, beer, and spirits—on cardiovascular diseases while incorporating key determinants such as cholesterol, diabetes, obesity, and tobacco use within lower-middle-income countries. Using panel data from 170 countries between 1990 and 2019, this study applies fixed and random effects regression models to explore the relationship between alcohol consumption patterns and cardiovascular disease prevalence. The analysis integrates major lifestyle and health variables to assess their combined impact on national and workforce health outcomes. Findings reveal that alcohol consumption, particularly beer and spirits, has a significant positive association with cardiovascular disease risk, while cholesterol, obesity, and tobacco use further exacerbate these effects. Interestingly, diabetes prevalence demonstrated a negative relationship with cardiovascular disease within lower-middle-income countries. The results underscore the economic and managerial implications of unmanaged lifestyle risks that contribute to lost productivity and healthcare burdens. This study highlights the critical intersection between health behavior and management, suggesting that promoting responsible alcohol consumption and preventive health measures can enhance workforce well-being and productivity. The insights provide valuable guidance for human resource professionals, organizational leaders, and policymakers in designing evidence-based wellness programs, occupational health policies, and strategic interventions aimed at reducing cardiovascular risks in developing economies
ItemOpen Access
Income Diversification on Human Capital and Banks Financial Performance: Evidence from Sri Lanka
(SLIIT,Business School, 2024) Dammika W.A.D.C; Anuradha P.A.N.S
Existing empirical literature and theories on human capital fail to offer a conclusive explanation for its relationship with income diversification and bank financial performance. Consequently, this study fills the gap by investigating whether income diversification moderates the relationship between human capital and bank financial performance in Sri Lanka. This understanding of how income diversification influences the relationship between human capital and bank financial performance, benefits researchers, practitioners, and policymakers alike. This study employs a deductive research approach and quantitative methodology, analyzing panel data from 2010 to 2022 across a sample of 19 banks. Findings confirmed a significant relationship between human capital, income diversification, and bank financial performance. Thus, competencies, knowledge, and skills of bank's employees play a crucial role in determining its overall success. Additional results indicate that a skilled and capable workforce significantly contributes to a bank's ability to broaden its revenue sources, thereby strengthening its financial stability and resilience. However, it fails to identify a moderating impact of income diversification on the relationship between human capital and bank financial performance. Nonetheless, it underscores the crucial role of human capital in shaping bank financial performance and the strategies of income diversification adopted by banks. This study contributes to the existing literature by investigating the moderating role of income diversification on the relationship between human capital and bank financial performance within the Sri Lankan context, as an aspect often overlooked in previous studies that primarily focused on the direct effects of human capital and income diversification on bank performance.
ItemOpen Access
Factors Influencing Urban Consumer Milk Powder Brand Preferences: A Case From Western Province of Sri Lanka
(SLIIT, Business School, 2024) Wijesinghe,A.G.K.; Liyanage,D. Y. H.; Wijethunga, Y.M.P.M.
Brand preference is an essential attribute to study in consumer behaviour. This study was focused on evaluating the factors contributing to milk powder brand preference among consumers in the Gampaha district. The objectives of this study were to identify the factors that influence milk powder brand preference and to identify the most preferred milk powder brand among local and imported milk powder brands in the market. A questionnaire survey was conducted through face-to-face interviews to gather primary data from a sample of 400 respondents covering five divisional secretariats in the Gampaha district of the Western Province. The data were analysed using confirmatory factor analysis in AMOS. The results of the study show that the factors that affect brand preference are brand availability, trust in brands, and subjective norms. When considering brand preference for the chosen two local brands and seven imported brands, it shows that 55.05% purchased both local and imported brands, while 38.03% purchased only the local brands. In the study population, 6.91% purchased only imported brands. These results will help milk brand manufacturers, investors, advertisers, relevant businesses, and the government implement the required product changes and quality improvements in the milk powder industry in the country.
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Employee performance management for improved workplace motivation
(IGI Global, 2024-08-24) Rajapakshe, W
In the dynamic landscape of organizational management, the challenge of effectively evaluating and enhancing employee performance stands as a pivotal obstacle to maximizing workplace productivity and motivation. Traditional performance appraisal methods often fall short in providing meaningful insights into employees' contributions and fostering a culture of continuous improvement. This gap between outdated evaluation techniques and the evolving demands of the modern workforce presents a pressing dilemma for Human Resource Management professionals and organizational leaders worldwide. Employee Performance Management for Improved Workplace Motivation emerges as a definitive solution to this critical problem, offering a comprehensive guide to revolutionizing performance management systems. This book meticulously explores the intricacies of performance evaluation, from planning and monitoring to reviewing and rewarding. By integrating theoretical frameworks, practical case studies, and strategic insights, the book equips HR professionals, managers, and scholars with the tools and knowledge needed to implement effective performance management practices that drive employee motivation and organizational success. The book identifies common challenges in performance evaluation and addresses global cultural differences and ethical considerations inherent in the process. By providing actionable strategies and best practices, this book serves as a beacon of guidance for those seeking to optimize performance management systems and cultivate a culture of high performance and engagement within their organizations. Whether utilized in academic research, staff training programs, or executive consultations, this book offers a transformative approach to redefining performance evaluation and enhancing workplace motivation.
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Unlocking market secrets: Dynamics of the day-of-the-week effect during crisis in an emerging market
(Emerald Group Publishing Ltd., 2024-06-17) Riyath, M.I.M; Dewasiri, N.J; Sood, K; Banda, Y.K.W; Nair, K
Introduction: By examining the impact of the day of the week during the COVID-19 pandemic and the subsequent economic recession, it is possible to provide insights into market behaviour during volatile times that can be furnished to investors and policymakers for informed decisions. Purpose: This study investigates the day-of-the-week effect on the Colombo Stock Exchange (CSE), with particular emphasis on the variations in this effect during the COVID-19 pandemic and the subsequent economic crisis. Design/Methodology/Approach: The study applies the Exponential General¬ised Autoregressive Conditional Heteroskedasticity (EGARCH) model, allowing for the evaluation of asymmetric responses to positive and negative shocks. The data span from January 2006 to December 2022 and are segmented into different periods: the entire sample, war and post-war periods, the COVID-19 pandemic and the economic crisis period, each reflecting distinct market conditions. Findings: The study uncovers a significant day-of-the-week effect on the CSE. Mondays and Tuesdays typically show a negative effect, while Thursdays and Fridays display a positive impact. However, this pattern shifts notably during the COVID-19 pandemic, with all weekdays exhibiting significant positive impact, and varies further across different waves of the pandemic. The economic crisis period also shows unique weekday effects, particularly before and after an important political event.

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