Download or read book Effect of Enterprise Risk Management Practices on Firm Performance of Food Beverage and Tobacco Sector in Sri Lanka written by P. A. S. S Madushanki and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effect of enterprise risk management (ERM) practices on the firm performance of Food, Beverage, and Tobacco sector companies listed on the Colombo Stock Exchange (CSE), is a main concern in Sri Lanka. When investigating the studies done in the international context about this concept, there are many contradictory results. However, no evidence found about investigations done on this concept in the Sri Lankan context. The primary purpose of this study is consistent with investigating the ERM practices on firm performance of Food, Beverage, and Tobacco sector companies listed on the Colombo Stock Exchange in Sri Lanka. This research adopted a quantitative research approach. Twenty-four companies are selected based on the availability of the data in the financial statement of Food, Beverage, and Tobacco sector companies listed on the CSE. As the study's dependent variables, firm value and return on assets are used. ERM is the independent variable, while the control variables are firm size; revenue and leverage. Secondary data are used for the analysis of the study. The fixed effect model was run to test the hypothesis. There is still a growing trend of ERM in firms in Sri Lanka. The study found that overall ERM had a significant impact on firm performance measured by the firm value and ROA of the sample firm. The findings are helpful for decision-makers of the companies to mitigate risk and increase financial performance. Further, this kind of risk management system builds good interactions in invertors' minds.

Download or read book An Analysis of Liquidity Profitability and Risk A Study of Selected Listed Food Beverage and Tobacco Companies in Sri Lanka written by Elangkumaran Periyathampy and published by . This book was released on 2016 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract The study is to analysis the effects of liquidity, profitability and risk of listed food, beverage and tobacco companies on Colombo Stock Exchange (CSE) in Sri Lanka. In this study purpose, six companies have been selected from CSE for six years period from 2006/2007 to 2011/2012. The following ratios were used as indicators such as current ratio and quick ratio for liquidity, Earnings per Share (EPS) and Return on Assets (ROA) for profitability and Degree of Combined Leverage (DCL) for combined risk. This study highlights that liquidity is insignificant impact on profitability.

Download or read book Cash Flow Risk Management Practices on Sustainable Financial Performance in Sri Lanka written by Manjula Bandara Wickramasinghe and published by . This book was released on 2018 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent year's global economic crisis have urged the businesses all over the world to committed cash flow risk management practices and sharing information with environment, social and economic actives transparency for stockholders. This research aims to explore the impact of risk management practises and how they have applied toaccomplish sustainable financial performance in Sri Lanka and offer guidance to all the businesses as to how they can mitigate the risk faced by them.The research has expanded to extensive coverage of business sectors by 65 listed companies and secondary data were obtained from the annual reports publication in CSE. The statistical analysis of the multiple regression technique performed to calculate the results using e view-9 software. Risk management practices in operating cash flow have negative correlation between sustainable financial performances. The study was revealed that investment cash flow risk management practices have no correlation between sustainable financial performances. This will give detailed idea of cash flow risk management practises involvements and the importance to the listed companies in Sri Lanka.

Download or read book The Effect of Enterprise Risk Management Adoption to Shareholders Wealth and Firm s Riskiness written by Norlida Abdul Manab and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Determinants of Enterprise Level Information Technology IT Risk Management and Its Impact to Firm Performance written by Ching Liang Cho and published by . This book was released on 2015 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Enterprise Risk Management and Its Effect on Firm Value in Turkey written by Muhammad Farhan and published by . This book was released on 2017-05-23 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Governance and Risk in Emerging and Global Markets written by S. Motamen-Samadian and published by Springer. This book was released on 2005-10-19 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book features eight studies related to governance and risk. It provides a critical evaluation of Basel II, and questions the significance of corruption in country risk analysis and investors' decision making. It offers a reliable model of early warning credit signals that helps managers to detect default risks, and provides a risk-based analysis of alternative production systems in Pakistan. It analyzes the effects of market liberalization on volatility spill-over across the globe, and examines past and future prospects for the Iraqi stock exchange. Finally, it proposes securitization as a means to finance costs of reconstruction in Iraq.

Download or read book Diagnostic Study of Accounting and Auditing Practices in Sri Lanka written by Francis B. Narayan and published by . This book was released on 2002 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Corporate Risk Management Practices in Slovenia and Their Impact on Performance written by Ales S. Berk and published by . This book was released on 2013 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Article deals with percei ...

Download or read book A Preliminary Study on the Practices of Enterprise Risk Management ERM Among Malaysian Public Listed Companies written by Ahmad Shukri Yazid and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Management Practices and Financial Reporting in the Sri Lankan Apparel Sector written by Anton Malmadana Kapuge and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: An increasing number of organisations in developing countries are implementing management accounting innovations in order to generate improvements in accounting practices, which would ultimately impact on financial performance. The study focuses on the implementation of one such innovation (TQM) among apparel companies in Sri Lanka. A survey is conducted of Sri Lankan companies to identify differences in their business strategy, management practices and performance reporting, depending on whether or not they have implemented TQM. The results demonstrate a significant difference in the business strategy implemented by the two groups, with those companies adopting TQM regarding quality as more important than cost efficiencies. Significant differences in both quality management practices and performance reporting systems were observed, except in the area of employee empowerment.

Download or read book THE RELATIONSHIP BETWEEN ENTERPRISE RISK MANAGEMENT ERM AND ORGANIZATIONAL PERFORMANCE OF INSURANCE INDUSTRY IN MALAYSIA written by FAHRI AHMED (TP033574) and published by . This book was released on 2016 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Seminar on Practices in Enterprise Risk Management written by Hong Kong Institution of Engineers and published by . This book was released on 2009 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book How Firms in Developing Countries Manage Risk written by Jack D. Glen and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the use of risk management techniques and instruments by firms in developing countries. Increased financial market volatility in recent years has led to the development of a number of new financial instruments for managing the risks associated with specific transactions. In most developing countries, however, firms face substantial obstacles to using these instruments. Despite that, developing country managers are becoming more and more aware of the need to manage risk. In many cases, they have turned to the International Finance Companies as a source of information on risk management and for assistance in accessing new risk management instruments. In addition to the financial risks that often accompany transactions, many firms in developing countries suffer from exposure to other economic risks, especially the risk of long-runovervaluation/undervaluation of their local currency. This type of exposure is more difficult to measure and manage than purely transactional exposures, but can have very significant effects oncompetitiveness. Unlike the management of transaction exposure, which most often involves use of financial instruments, management of economic exposure requires operational and marketing strategies in order to be effective.

Download or read book Effect of Financial Risk Management on the Performance of Insurance Companies in Rwanda 2015 2019 written by Simon Pierre NTIVUGURUZWA and published by . This book was released on 2020 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study deals with the Effect of Financial Risk Management on the Performance of Insurance Companies in Rwanda. It investigates the effectiveness of financial risk management in the performance of insurance companies from March 2015 to March 2019. Specifically, this study identifies the ability of insurance companies to meet their financial obligations; assesses the extent to which insurance companies generate profits, and examines the relationship between financial risk management and performance of insurance companies in Rwanda. To achieve these objectives, this study followed a systematic methodology. It collected secondary data from BNR and used descriptive statistics and multiple linear regression analysis to investigate the relationship which is measured through the eligible determinants, using STATA. The results showed that Rwandan Insurance Companies adopted different financial risk management practices in their operations and that this had a strong effect on their performance. Return on equity (ROE) was found to be the most significant in influencing financial performance positively with (57.089%) variations, followed by net income after taxes with (17.503%) variations, the total expenses were found that did not (variation???). The net premium earned was found to be negatively influencing the financial performance of insurance companies in Rwanda with (15.627%) variations. This study concludes that there is a positive relationship between financial risk management and the performance of insurance companies in Rwanda explained by (96.76%). The study recommends that insurance companies in Rwanda should adopt a different approach to financial risk management to derive greater benefits from their financial management efforts, should also adopt professional skilled personnel and actuaries to perform actuarial work and valuations professionally with expertise. Furthermore, Rwandan insurance companies should follow the current international practice by adopting Enterprise risk management (ERM).

Download or read book An Interaction Between Financial Practices and Firm Performance with Moderating Effect of Agency Cost in Pakistani Corporate Sector written by Saqib Muneer and published by . This book was released on 2015 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Applying the Enterprise Risk Management Process on a Fiber Board Manufacturing Industrial Group written by Syed Hayat and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Paper conducts a live enterprise risk management assessment of a wood fiber board manufacturing industry in south east asia, explains it and reviews results along with benchmarking them.