Browsing by Author "Rajapaksha, W"

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Addressing Academic Stress: Implications for Female Students in Saudi Arabia
(IGI GLOBLE Scientific, 2024) Rajapaksha, W
Saudi Arabia's higher education policies have propelled a surge in female enrollment, mitigating female unemployment and bolstering the Saudization initiative. This surge in national education has curbed reliance on foreign institutions and facilitated access to higher education for local high school graduates. However, despite these advancements, student dropout rates and academic underperformance persist. This study investigates the influence of stressors on academic performance among female students in Saudi Arabia. Findings indicate that academic stress and stressors related to personality significantly affect academic performance, while stressors linked to career paths do not exhibit a similar impact.
Open Access
Economic Development versus Social Development: In the Case of Sri Lanka
(2019-03-07) Rajapaksha, W
Aims: After the independence from British in 1948, all successive governments have operated welfare programs as a development strategy. The objective of this paper is to investigate and analyze the major food subsidy programs which are functioned until today and check their effectiveness with regards to the two meaning of development; traditional and modern meaning. Study Design: This is survey research based on secondary data and involved an extensive literature review on the area of concern to provide an overview of the social welfare programs and economic impact of Sri Lanka. Methodology: For this study therefore data collected from various published sources and analyzed with descriptive statistics and presented as graphs, percentages to show the trends. Results: It is not the attention to conclude this investigation with purely negative opinion. However, Sri Lanka has not enjoyed sustainable health growth rate after the independence. Except for occasional booms, which had for only 2-3 years in early 1980s’. Therefore according to the traditional meaning of development, clearly Sri Lanka is a less developed country. The decades of welfare policies act as a development strategies in modern point of view. Sri Lanka always considers as a model country. Comparing developed countries, Human Development Index (HDI) in Sri Lanka has a higher rank. Is that mean Sri Lanka is a developed country? According to the two doctrine, development is not only economic growth but also human development. It is essentially a mix tasks. Therefore, Sri Lanka Experience confirm that the fact that neither purely welfare policies nor even growth oriented policies supported by welfare programs can be a substitute for more upfront institutional measures for overcoming poverty and inequality and development of a country.
Open Access
An Evaluation of Four-Decade Experience of Industrial Policy in Sri Lanka: 1977-2017
(Human Resource Management Academic Research Society (www.hrmars.com), 2018-12) Rajapaksha, W
The objective of this study is to explain four decades of experience regarding export expansion under the new industrial policy, which was introduced in 1977 in Sri Lanka. The industrial policy has multiple objectives however the study was limited to export expansion and industrial sector achievements. This research is primarily based on secondary data and involves an extensive literature review on the area of concern to provide an overview of the industry policy and economic impact of Sri Lanka. The study presents the current status of industrial policy and highlights the contemporary issues in industrial policy in Sri Lankan economic development during four decade start from 1977 up to 2017. It is concluded that after four decades of experience, Sri Lanka is achieved moderate growth even though unable to maintain the required growth rate to make Sri Lanka as a fast growing economy in South Asia. Sri Lanka has opportunity to grow faster than other South Asian countries because of long term welfarism of the country for free health and education, already made talented and healthiest citizen comparing other South Asian countries.
Open Access
Factors Affecting Life Satisfaction with Mediating Role of Work Satisfaction of Employees’ in Insurance Companies in Sri Lanka
(2019-03-07) Rajapaksha, W
The study investigates how to work satisfaction influences workers' life satisfaction with job attribute assessment. Two hundred ninety-five operational level employees from 03 insurance companies in Sri Lanka were selected through Simple Random Sampling. The structural equation modeling approach (SEM) was applied to test the hypotheses. It has been discovered that employees' work satisfaction depends on work hazards; job characteristics and job attribute assessment, while job attributes assessment affected work benefits and cost, work hazards and job characteristics. The paper's findings revealed a strong positive relationship between work satisfaction and life satisfaction. It can be concluded that even though labor turnover is high among insurance workers, their life satisfaction depends on work satisfaction. These results denote that managers should specifically attempt to target enhancing work satisfaction by eliminating work hazards and setting job tasks along with building a good rapport with supervisor and employee, according to employee’s job position. The study recommends that policymakers identify workers' felt needs and satisfy those needs for a contented workforce to minimize labor turnover.
Open Access
Factors Affecting Scholarly Practices in Private Higher Education Institutes in Sri Lanka: A Conceptual Framework
(Asian Journal of Education and Social Studies, 2021-01-11) Rajapaksha, W
Over the years, entering a university has been increasingly competitive which have triggered many problems with regard to the higher education sector in Sri Lanka. To overcome this crisis on university entrance, since 1978, the University Grants Commission of Sri Lanka, the apex body of the University System in Sri Lanka granted permission to the private sector to award degrees as an integral part of the higher education policy. The objective of this policy was to minimize the foreign currency outflow incurred on overseas education and support the needy students to get admission for higher education at the national level. However, it has been identified that most of these institutes consider enhancements of quantity rather than development of quality which can facilitate academicians' scholarly achievements. It is observed that research and innovation in local private Higher Education Institutes (HEIs) are far behind the country's requirements. The purpose of this study is to determine the factors affecting scholarly practices in private HEIs in Sri Lanka. After reviewing the literature, a conceptual framework and twelve testable hypotheses were developed for this study. This study uses secondary data to identify determinant factors. Accordingly, environmental stimulus, perceived organizational culture stimulus and the psychological stimulus were selected as important determents which can directly as well as indirectly mediate with stress and happiness to enhance the performance of academicians, concerning the scholarly practices in private HEIs.
Open Access
The Role of Micro Finance Institutions on the Development of Micro Enterprises (MEs) in Sri Lanka
(2021-01-13) Rajapaksha, W
Aim: The study investigates the impact of microfinance practices on the growth of microenterprises (MEs) concerning the Central Province, Sri Lanka. It has been discovered that the growth of microbusinesses is dependent on gender, age, education level and nature of the industry. Design/Methodology/Approach: Multinomial Logistic Regression models was applied in this study. Multinomial logistic regression is frequently used for the analysis of categorical response data with continuous or categorical explanatory variables. Parameter estimates are usually obtained through direct maximum likelihood estimation. Two models were used to test the hypothesis concerning the three practices, micro-credit, training and advisory services. Primary data were obtained from 200 registered microenterprises (ME) owners in the Central Province through convenience sampling methods. Data collection was conducted using a self-structured questionnaire. Results and Conclusion: According to the results, microfinance practices have a significant relationship with the development of MEs, while Microcredit and advisory services have a significant impact on the development of MEs. Training programmes have not significantly impacted on the development of MEs. The research concludes that microfinance as a whole educates and helps to develop micro financed micro-scale enterprise businesses and positively impact those families in the Central Province, Sri Lanka. Research limitations/implications: Data were limited to select only one province in Sri Lanka out of nine using a self-structured questionnaire. Also considering the response rate and sample size, there are limitations to generalize the findings. This research was restricted to three variables micro-credit; Training and Advisory services impact of other factors that can influence the growth of MEs did not fall under the scope of this study. Originality and Value: The impact of microfinance practices on MEs growth in Central Province in Sri Lanka is an under-researched area of study. The findings of this study can act as a guideline in the future for decision-makers to identify factors that influence more on MEs development.