The purpose of this study is to explore the effects of firm size on profitability of quoted manufacturing firms in Sri Lanka. In this study, data of 15 companies which were active in Colombo Stock Exchange (CSE) between the years 2008 to 2012 has been used. As indicators of firm profitability, Return on Assets and Net Profit have been used whereas Total Assets and Total Sales have been utilized as indicators of firm size. Correlation and regression methods have been used in the empirical analysis. There is no indicative relationship between firm size and profitability of listed manufacturing firms, the findings reveal. In addition, the results showed that firm size has no profound impact on profitability of the listed manufacturing firms in Sri Lanka.

Various international organizations and foreign advisors suggested that developing countries should focus primarily on foreign direct investment (FDI) as a source of external finance. In this context, the main purpose of the study is to find out the impact of foreign direct investment on economic growth in the Sri Lankan Perspective. Data on the foreign direct investment and economic growth from the year 1990 to 2011 were collected for the study purpose. Further, the results revealed that, there is no significant impact of FDI on the economic growth, which is in lowest level. Only 4.3 percent of the variance in the dependent variable has been found. In contrast, we found that, in the Sri Lankan context, there is a long run equilibrium relationship between FDI and economic growth rate. Statistical findings on the basic regression analysis, Co integration test and Granger causality test show the contradiction in terms of the findings. Meantime, scholars in the econometrics stated that, Co integration test generally is applied among time series data. Due to that, Co integration test give the insights to the findings in terms of long run view. Finally, we have suggested that, the Sri Lankan Government and Central Bank of Sri Lanka jointly should take the necessary action to focus on the infrastructure development through the FDI to get the economic growth in the long term view. Meantime, FDI should be directed to agricultural actives to get the food sufficient aspects in the local and globalized level.

Teachers’ organizational citizenship behaviour (OCB) is the teacher behaviour that is discretionary, not directly or explicitly recognised by the formal reward system. The factors found to be determining Teachers’ OCB are different, hinging on country-culture specific nature. Research studies in the sphere of Teachers’ OCB have heretofore been overlooked in Sri Lanka and other similar Asian countries. Hence, this study aims at exploring the degree of prevalence of teacher OCB and its dominant determinants among the teachers in Sri Lanka. The study draws on in-depth qualitative data from interviews and the participants included a convenience sample of teachers and principals employed in secondary schools. The data were analysed deductively using content analysis method. The findings reveal that the teachers’ propensity to perform OCB - towards students, school and their colleagues - is on the decline. The determinants, such as work-family conflict, perceived organizational support, teacher values, teachers’ self-efficacy, student behaviour patterns, and teachers’ pupil control ideologies, seem to be dominant attributing to the low levels of teachers’ OCB.

The relevant literature suggests that ownership structure is one of the main corporate governance mechanisms influencing the scope of financial performance. The aim of this study is to investigate the relationship between ownership structure and financial performance of listed beverage food and tobacco companies for the period of 2010-2015. This study also examines the impact of ownership structure on financial performance. The sample consists of 10 listed beverage food and tobacco companies in Sri Lanka. In this study, data was collected from secondary sources and hypotheses are examined by using Pearson"s correlation and regression analysis. The results reveal that ownership concentration and foreign ownership structure are positively correlated with financial performance of listed beverage food and tobacco companies while institutional ownership structure isn"t significantly correlated with financial performance. It is also found that there is a significant impact of foreign ownership structure on financial performance. Higher the foreign ownership structure in listed beverage food and tobacco companies, the higher the financial performance which is preferable for the shareholders and it improves the wealth of companies.

The process of investment requires investors to take various types of decisions and the quality of those decisions determines the outcomes of the investment process. Standard finance theories and behavioural finance theories present different views on investment decision making based on the concept of rationality. Behavioural finance theories indicate that investors fail to perform in a completely rational manner when making investment decisions due to various biases. The objective of the study is to identify the behavioural finance based factors influence the investment decisions of household investors in the Northern Province of Sri Lanka. The necessary data for the study were collected from 1810 household investors in the Northern Province of Sri Lanka and the sample respondents were selected under Proportionate stratified random sampling method. The analytical tools of exploratory factor analysis and confirmatory factor analysis were used to analyze the data. The current study concluded that Representativeness bias, Overconfidence bias, Availability Bias, Loss Aversion bias, Regret Aversion bias and Herding influence the investment decisions of household investors.