Research Publications Authored by SLIIT Staff
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This collection includes all SLIIT staff publications presented at external conferences and published in external journals. The materials are organized by faculty to facilitate easy retrieval.
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Publication Open Access Influence of Socio-economic and Demographics factors on Households’ Savings in Sri Lanka(University of Sri Jayawardenapura, 2022-04-23) Jayathilaka, R; Palihawadana, T; Amalka, I; Jayasinghe, S; Jayarathne, PThe purpose of this paper is to examine the factors influencing saving behavior among households in a developing country. Sri Lanka being a developing country, has recorded a relatively lower households’ saving rate when compared with its peer regional counterparts. The study approximates the socio-economic and demographic factors towards the level of saving of households in Sri Lanka using a quantile regression approach based on the Household Income and Expenditure Survey, conducted by the Department of Census and Statistics of Sri Lanka. Results were obtained by using the stepwise quantile regression technique. The findings of this study conclude that when Sri Lankan households have a higher per-capita income, they tend to have a higher saving level. Moreover, age and marital status have a significant impact on the level of saving in Sri Lankan households. Additionally, poverty and employment status have a significant impact to the level of saving on Sri Lankan households. This research paper bridges empirical gaps in this area of study. Furthermore, this study has been conducted encompassing the entire country rather than limiting it to a district or segment, hence, is comprehensive. As per the generated results gender, income and education levels have shown a significant positive impact towards the level of saving, whilst marital status and poverty have shown a significant negative impact towards the level of saving. It is considered that when the demographic and socio-economic factors are affecting favorably, the level of saving tends to increase and vice versa. Accordingly, findings of the study can provide insights to policymakers to devise policies and incentives to encourage savings behaviour and level of savings among households in Sri Lanka. This is beneficial as coping strategies specially during crises, where dependency of households on government assisted welfare schemes is likely to be less.Publication Embargo Corporate Governance on Capital Structure Decisions: Evidence from Listed Non-financial Companies in Sri Lanka – Quantile Regression Approach(SLIIT Business School, 2019-12-10) Chathurya, P.A.D.; Perera, D.K.T.S.; Perera, G.K.S.S.; Fernando, W.C.The main objective of this study is to discuss about how corporate governance has an impact on the capital structure decisions. The focus of this empirical study emphasis on the top 100 market capitalization non-financial companies as at 31st December 2018 in CSE for 2012- 2018-year period. Quantile regression analysis is used to determine the relationship between corporate governance variables such as, CEO duality, Board size, Number of committees, Board balance, and gender diversity on capital structure decisions of the listed non-financial companies. Due to non-normal distribution of data which was identified using higher variance in kurtosis and skewness created a disadvantage of using OLS model which shows the results conditional to the mean. Therefore, quantile regression method was used in order to determine the above mentioned objective in an accurate manner. The results indicate that, gender diversity has significant negative relationship and board committees have statistically significant positive relationship to different levels of capital structure. Board size, board balance, CEO duality, doesn’t have significant impact on different levels of capital structure decisions. The interpretation of the results and the reasons for such variations were identified.