Abstract:
Sri Lanka has monopolistic regulatory electricity sector, which has
no competition within the electricity business. Hence the introduction
of power sector reforms (PSR) to the electricity sector became
important as it allows competition, regulation of the sector and
improves the efficiency of the sector. With the enactment of the Sri
Lanka Electricity Act, reforms were introduced in 2009. However, it
has not been clearly identified or recognized whether we can improve
the social aspect of electricity generation in order to improve the
corporate sustainability (SACS) through the so introduced sector
reforms. Since reforms were introduced way back in 2009, it is vital
to understand their impacts. Therefore, in order to study and measure
