http://dr.lib.sjp.ac.lk/handle/123456789/10501 Thu, 23 Apr 2026 11:55:07 GMT 2026-04-23T11:55:07Z http://dr.lib.sjp.ac.lk/handle/123456789/10509 Prediction of Bankruptcy Risk: Evidence from Listed Manufacturing Companies in Sri Lanka Senevirathne, K.M.S.; Kuruppu, G.N. The past experience in number of industries evidenced that even healthy companies can bankrupt and abolish stakeholder confidence while creating a significant damage to country’s economy. Though stakeholders are vulnerable, how they can assess the bankruptcy level is another question that researchers are trying to answer. This creates an urgency to find out the bankruptcy level of manufacturing companies in Sri Lanka using an appropriate model and publicly available information in order to protect stakeholders. Therefore, the objective of the study is to investigate the degree to which bankruptcy risk can be predicted from the business performance of listed manufacturing companies in Sri Lanka. Quantitative approach has been applied in the study align with the ZETA model. Secondary data was used in this study which gathered through the annual reports and the data was analysed through e-views 6 software. The study found that bankruptcy risk can be identified from financial performance and non-financial performance. The finding of the study benefits the different stakeholders to make decisions relevant to manufacturing firms in Sri Lanka. Mon, 01 Jan 2018 00:00:00 GMT http://dr.lib.sjp.ac.lk/handle/123456789/10509 2018-01-01T00:00:00Z http://dr.lib.sjp.ac.lk/handle/123456789/10508 Improving Innovation Performance by Convergence in Open Innovation: Evidence from Software Firms in Sri Lanka Yapa, S.R.; Senathiraja, R; Kauranen, I Open innovation, which encourages firms to use external knowledge and external partners to accelerate innovation, has become a popular approach among organisations globally. Researchers have highlighted multiple benefits that open innovation offers. Extant literature often discusses factors of open innovation that increase innovation performance. However, open innovation does not always bring higher innovation performance and reasons for this are not adequately addressed in the existing literature. The objective of this research study is to increase understanding of factors that can hinder innovation performance in open innovation implementations. Special attention has given to convergence. In this case, convergence refers to alignment and coordination between innovation partner firms. The empirical data for this research study will be gathered from software firms in Sri Lanka. The background for this study is the software firms in Sri Lanka which have not reached the expectation that have been placed on them. Mon, 01 Jan 2018 00:00:00 GMT http://dr.lib.sjp.ac.lk/handle/123456789/10508 2018-01-01T00:00:00Z http://dr.lib.sjp.ac.lk/handle/123456789/10507 Impact of Business Ownership Change on Institutional Historical Knowledge Due to Employee Turnover: A Literature Review Jayasekara, M.A.K.De.S.; Pushpakumari, M.D. Increasing number of business ownership changes and its impact on human capital is a global concern over the years. Change of business ownership of organisations can be in the form of Business Acquisitions. Mergers and Acquisitions are the most common form of Business Acquisitions. Business Acquisitions have made a significant impact on Human Resources in both acquirer and acquired organisations. Human Resource is also an important component of business integration process. Desired results of post-acquisition hence can be hampered by the demotivated human resources. It is evident from literature that unless this sensitive area of human resources is not handled professionally, employees become reactive. The consequences can be damaging due to employee demotivation which can result in an increase in employee turnover after an ownership change. Retention of employees can be important to the acquirer companies since it can lose the Institutional Historical Knowledge with the parting of employees. The Institutional Historical Knowledge comprises of the knowhow an employee gained over the years of service in that particular institution and it includes ‘tacit’ knowledge which is competitively advantageous to the institution. This moves away with the employees leaving the organisation. The main objective/aim of this study is to identify whether there is an impact of Business Ownership Change, on Institutional Historical Knowledge due to Employee Turnover – ‘through literature. Hence, this paper reviews the theoretical findings in literature from business acquisitions, employee turnover and its impact on loosing Institutional Historical Knowledge-‘the wisdom withdrawal’. The significance of the study is to echo the risk of losing Institutional Historical Knowledge due to employee turnover. Therefore, this study is totally a desk research based on literature review. The study reveals that there is a negative impact of business ownership changes on institutional historical knowledge due to employee turnover. Mon, 01 Jan 2018 00:00:00 GMT http://dr.lib.sjp.ac.lk/handle/123456789/10507 2018-01-01T00:00:00Z