SLIIT Business Review [SBR] Volume 01 Issue i 2021
Permanent URI for this collectionhttps://rda.sliit.lk/handle/123456789/1612
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Publication Open Access The Impact of Occupational Stress on OperationalLevel Employees’ Work-Life Balance in ABC Apparel Company, Sri Lanka(SLIIT Business School, 2021-06) Wellangiriya, D.G.; Abeysekera, N.Apparel industry in Sri Lanka can be identified as one of the main industries in the country, and it largely contributes to the economy of the country. The sector employs about 15% of the country's workforce, and the country is recorded as the highest apparel exports per capita nation in the Asian region. ABC Apparel Company is the one of the leading apparel manufacturing and exporting organizations operating globally with a workforce of more than 40,000. It is found that the operational level employees of the organization tend to have a high turnover, and the current status of the key performance indicators of HR is not at a very satisfactory level. The main reason behind the turnover is mostly the inability of the employees to balance their work and life with the excessive workload and working hours and work-related stress, which lead to frequent absenteeism. Thus, this research study was planned to investigate the impact of occupational stress on operational level employees’ work-life balance in ABC Apparel Company in Sri Lanka. The findings of the research analysis indicate that the sample consists of a higher percentage of females, and many are single in the age group of 20 to 30 years with the highest educational level of G.C.E. Advanced Level and with the working experience in between 1 to 3 years. At the same time, the reliability of all the variables is in an accepted level, and the correlation of the variables is also significant. Also, the regression analysis provides the results that there are direct relationships in between the variables of job security and the work life balance and the role conflict and the work life balance, and further there are positive relationship between the work load, role ambiguity and work after hours with the work balance.Publication Open Access The Impact of Electronic Word of Mouth on Brand Image and Purchase Intention – A Study on Hospitality Industry in Sri Lanka(SLIIT Business School, 2021-06) Rathnaya, Y.; Jayasuriya, N.A.Interpersonal influences and word of mouth are considered as the most influencial factors in customer purchase decision making. With the development of technology, the electronic word of mouth has become a very popular and trusted communication mode among consumers. Due to the intangible nature of hospitality services and high risk involved with the purchase, most consumers in the hospitality industry look for other customers’ recommendations prior to making their purchase decision. Hence this study focuses on evaluating the value of electronic word of mouth in generating a purchase intention in customers’ mind in the hospitality sector in Sri Lanka. Data was collected using the survey method from 100 tourists who were visiting Sri Lanka based on the convenient sampling method. Data analysis was done using correlation and regression analysis. The results indicate a strong positive impact of electronic word of mouth and brand image on their purchase intention. However, the results also indicate that electronic word of mouth does not have an impact on building a brand image. This study fills a void in Sri Lankan research in the field of tourism.Publication Open Access Financial Statements Effects of Adopting IFRS: Evidence from Listed Manufacturing Firms in Sri Lanka(SLIIT Business School, 2021-06) Muthunayake, H.; Kawshalya, P.Accounting Information would be beneficial only if it is relevant to the decisions being made. According to International Accounting Standards Board (IASB), the usefulness of accounting information depends on the fundamental qualitative characteristics of relevance and faithful representation. As a result of harmonization and standardization, International Financial Reporting Standards (IFRS) were adopted in Sri Lanka as a developing country from 1st January 2012. Given the differences that exist between developed and developing countries in the context of the accounting profession and other contextual differences, the impact of IFRS adoption in developing countries remains as an empirical gap in the accounting literature. Therefore, the main purpose of the current study is to examine the impact of IFRS adoption on the accounting information quality, in terms of value relevance and the effect on key financial measures of financial statements in Sri Lanka. Data for the current study are collected from audited annual financial statements and Colombo Stock Exchange (CSE) reports for all the listed manufacturing companies in Sri Lanka, for the period of 10 years from 2008/2009 to 2017/2018. Based on the regression estimates obtained, the study concludes that the value relevance of book values of equity is increased upon IFRS adoption. Further the findings reveal that there are favourable impacts of financial statement measures upon IFRS adoption in listed manufacturing firms in Sri Lanka. These results would be pertinent and significant to both Sri Lankan investors and to accounting standard setting bodies such as the IASB and CA Sri Lanka. Further, the study might also be of value to emerging nations with an investment environment similar to that of Sri Lanka and where IFRS reporting have recently been or will be adopted.Publication Open Access Impact of Employer Branding on Employee Retention: A Case of Multinational Corporation that Operates in Sri Lanka(SLIIT Business School, 2021-06) Udayangal, D.A.S.; Jayarathna, P.M.K.N.; Silva, K.S.C.; Rashaad, M.Z.A.; Dissanayake, L. D. A. D.Employer branding is an important recruitment practice, which correspondingly delivers an important contribution to the retention of employees. Thus, the main purpose of this study is to identify the impact of employer branding on employee retention with reference to a selected multinational organization that operates in Sri Lanka, which is a leading brand in the global beverage industry. The research utilized a deductive research approach, and data were gathered from 126. Simple random sampling technique was utilized in the research where the data was gathered from 126 employees in the selected globally operating multinational organization which has large employer brand, in Sri Lanka. Inferential statistics, Pearson’s correlation coefficient and multiple linear regression analysis was employed to derive conclusions in the study. Accordingly, it is found that employer branding has a positive and highly significant impact on employee retention. Furthermore, the study concludes that the work life balance and training and development are the variables that have a critical impact on employee retention, while corporate social responsibility has no significant impact towards employee retention. The completion of the study would lead to enhance the knowledge on employer branding as well as to provide practical implications to follow in the future