Mr. SMR Kithsiri Samarakoon

kithsiri@wyb.ac.lk
+94702704813
Department of Accountancy, Faculty of Business Studies and Finance, Wayamba University of Sri Lanka, Kuliyapitiya. 60200

Mr. SMR Kithsiri Samarakoon

Lecturer

On PhD Study Leave

Alternative Contacts:

Phone: (+91) 76790 58220 (Whats-app)

Email: kithsiri@kgpian.iitkgp.ac.in

Address: PhD Scholar, Vinod Gupta School of Management, Room No. B255, BR Ambedkar Hall of Residence, Indian Institute of Technology – Kharagpur, West Bengal, India, 721302

 

Education

  • Reading for PhD (Quantitative Finance) (IIT-Kharagpur, India) Title of the Thesis: Essays on Equity Derivative Markets: Success, Economic Impact, Usage, and Mispricing Dynamics
  • M.Sc. in Financial Mathematics, University of Moratuwa (2020)
  • M.Sc. in Applied Finance, University of Sri Jayewardenepura (2019)
  • B.Sc. (Special) Degree in Accountancy and Business Finance, Wayamba University of Sri Lanka (2013)

Professional Qulifications

  • Passed Finalist of CASL (2012)
  • Passed Finalist of AATSL (2006)

Teaching Interests

  • Financial Derivatives
  • Strategic Finance
  • Financial Mathematics
  • International Financial Management
  • Financial Risk Management and Risk Modeling
  • Econometrics/Financial Econometrics/Times Series (with R, Python, Stata)
  • Investment Management/Portfolio Theory/Fixed Income Securities
  • Business Valuation
  • Actuarial Science
  • Corporate Finance

Research Interests

  • Index Futures Mispricing
  • Financial derivatives Markets
  • Asset Pricing Models
  • Futures Market Spillovers (Commodity/Financial/Energy/Carbon Derivatives) and connectedness
  • Cultural Finance
  • Annual report Readability and Tone and Textual Analytics
  • Climate Change Disclosure
  • Gender equity and equality in corporations – Disclosure

Scholarships/ Awards/ Medals

  • SHRI GOPAL RAJGARHIA INTERNATIONAL PROGRAM (SGRIP) Scholarship Winner (2022/2023/2024) – Competitive academic performance-based scholarship awarded by IIT Kharagpur.
  • GURU KRUPA FOUNDATION (GKF) Postgraduate Scholarship Winner (2022/2023/2024) – Competitive academic performance-based scholarship awarded by IIT Kharagpur.
  • Best Presenter Award - Gold Medal for the overall best presenter of the conference - 2nd South Asian Conference on Multidisciplinary Research (SAMR) 2019 - Paper titled Application of Geometric Brownian Motion Model to Simulate the Share Prices in Colombo Stock Exchange - Samarakoon SMRK, Dissanayake AR
  • Prize winner- 3rd in order of merit prize-Intermediate Examination-January 2007-The Institute of Chartered Accountants of Sri Lanka (ICASL)
  • Prize winner- President’s Prize- 1st Place in Order of Merit- Final Examination –June 2006- The association Of Accounting Technicians of Sri Lanka (AATSL)
  • Prize winner- Subject Prize- Cost & Management Accounting & Quantitative Techniques- Final Examination - June 2006- The association Of Accounting Technicians of Sri Lanka (AATSL)
  • Prize winner- 3rd in order of merit prize-Foundation Examination-June 2005- The association Of Accounting Technicians of Sri Lanka (AATSL)
  • Prize winner- Subject Prize- Economics-Foundation Examination-June 2005- The association Of Accounting Technicians of Sri Lanka (AATSL)

Administrative/ University/ Faculty/ National Contributions

  • Academic sub-warden - Kuliyapitiya Premises- from 2018 January to 2021 December
  • AHEAD Project ELTA - ELSE, Faculty of Business Studies and Finance - Activity Coordinator - Activity 04 - from 2020 January to 2021 December
  • Academic Coordinator – Diploma in Accounting Information Systems (DAIS) – From 2021 January to 2021 December
  • Coordinator – Proposed B.Sc. (Hons) in Quantitative Finance and Analytics Degree Programme (2021/ January to Date)
  • Student Counsellor, Faculty of Business Studies and Finance (2020 - 2021), Wayamba University of Sri Lanka

Membership of Associations

  • Member of Sri Lanka Forum of University Economists
  • Member of Sri Lanka Finance Association

Editorial and Reviewing Experience

  • Reviewer - Asia-Pacific Financial Markets (Springer) (Indexed Journal) Electronic ISSN:1573-6946, Print ISSN: 1387-2834
  • Advisory Board Member (From August 2022 Onwards) -Heliyon Business and Economics Section - available on both cell.com/heliyon and ScienceDirect, and indexed by PubMed, Scopus, and Web of Science™ Science Citation Index Expanded™ (SCIE)
  • Reviewer-Heliyon - available on both cell.com/heliyon and ScienceDirect, and indexed by PubMed, Scopus, and Web of Science™ Emerging Sources Citation Index (ESCI)

Selected Publications
Indexed journals

  1. Samarakoon, K. and Pradhan, R.P. (2024), “Index futures mispricing: a multi-regime approach to the NIFTY 50 Index futures”, Managerial Finance, 50(12), 2091-2114 . https://doi.org/10.1108/MF-03-2024-0166
  2. Samarakoon, S. M. R. K., Pradhan, R. P., Gunathunga, I. K. D., & Tripathy, S. (2024). Financial Derivatives Usage and Firm Value in Turbulent Periods: Comparative Evidence from India during the COVID-19 Crisis. Asia-Pacific Financial Markets, 1-65. https://doi.org/10.1007/s10690-024-09457-8
  3. Pradhan, R. P., Samarakoon, S. M. R. K., Maradana, R. P., & Sahoo, P. (2024, April). Climate change disclosure and firm value in a frontier market: Exploring the determinants. In Natural Resources Forum. Oxford, UK: Blackwell Publishing Ltd. (Ahead of Print) https://doi.org/10.1111/1477-8947.12462
  4. Samarakoon, S. M. R. K., Pradhan, R. P., & Maradana, R. P. (2024). How does equity derivative market affect economic growth? Evidence from the Asia‐Pacific region. Review of Financial Economics, 42(2), 186-205. https://doi.org/10.1002/rfe.1195
  5. Samarakoon, S. M. R. K., Pradhan, R. P., Maradana, R. P., & Sahoo, P. (2023). What determines the success of equity derivatives markets? A global perspective. Borsa Istanbul Review. 24, 15-28. https://doi.org/10.1016/j.bir.2023.10.008
  6. Samarakoon, S. M. R. K., Pradhan, R. P., Ediriweeera, E. A. I. N., & Maradana, R. P. (2024). Dynamics of Price and Volatility Spillovers Among Stock and Foreign Exchanges: Evidence from South Asian Countries. Journal of Economic Development, 49(2), 111-138.  https://doi.org/10.35866/caujed.2024.49.2.006  
  7. Gunarathne UGVDD, Priyadarshanie WAN, Samarakoon SMRK, “Impact of Dividend Policy on Stock Price Volatility And Market Value Of The Firm: Evidence From Sri Lankan Manufacturing Companies” Corporate Ownership & Control/ Volume 13, Issue 3, P 219, Winter 2016, ISSN 1727-9232 (printed version)1810-0368 (CD version)1810-3057 (online version) https://doi.org/10.22495/cocv13i3c1p8
  8. Samarakoon, SMRK, & Perera, KLW (2018). Short-run price performance of IPOs and corporate governance practices: Evidence from a frontier market. Corporate Governance and Sustainability Review, 2(1), 34 – 42. https://doi.org/10.22495/cgsrv2i1p3

Conferences – International

  1. Accepted for Presentation at the 31st Annual Global Finance Conference 2024, University of Cagliari, Italy, for the paper co-authored titled “From Complexity to Clarity: Unravelling the Determinants of Annual Report Readability and Tone in an Emerging Market.
  2. Co-Authored the paper titled “Climate Change Risk and the Firm Financial Performance: Evidence From Indian Agriculture Related Firms”, presented at the International Conference on Sustainable and Inclusive Urban Development in Global South, held in New Delhi, India, from August 10-12, 2023, organized by the Institute for Human Development (IHD), NITI Aayog, and University of Florida, in partnership with various academic and government institutions.
  3. Co-Authored the paper titled “Dynamics of Price and Volatility Spillovers among Stock and Foreign Exchanges: Evidence from South Asian Countries”, presented at the 30th Annual Global Finance Conference, held in Treviso, Italy, from June 12-14, 2023.
  4. Co-Authored the paper titled “Success Factors of Equity Derivative Markets: Evidence from Asia Pacific Region”, presented at the 5th International Conference on Financial Markets & Corporate Finance (ICFMCF 2023), held at the Department of Management Studies, Indian Institute of Technology Delhi, from July 6-8, 2023.
  5. Co-Authored the paper titled “Earnings Announcements and Stock Returns: Comparative Evidence from South Asia”, presented at the International Conference on Business Management and Allied Disciplines (ICBMAD-2022), organized by the Institute of Management in Kerala and School of Distance Education, University of Kerala, in association with Maseno University, Kenya, and Addis Ababa Science and Technology University, Ethiopia, from August 22-24, 2022.

Full Papers Published in Refereed Journals

  1. Rajapaksha, I. P. A. T., Samarakoon, S. M. R. K., Rajapakse, R. P. C. R., & Uluwatta, K. (2024). Balancing Profit and Morality: Confucian Insights into Financial Management and Corporate Governance. Vidyodaya Journal of Humanities and Social Sciences – University of Sri Jayewardenepura, 9(02). http://doi.org/10.31357/fhss/vjhss.v09i02.05
  2. Samarakoon, S. M. R. K., & Rajapakse, R. P. C. R. (2023). Dynamics of Price and Volatility Spillovers among Stock Markets and Foreign Exchange Markets: Evidence from South Asia. International Journal of Accountancy (IJA) – University of Kelaniya, 3(1) https://doi.org/10.4038/ija.v3i1.47
  3. Kodithuwakku, K. A. S. S., & Samarakoon, S. M. R. K. (2021). The Behaviour of Stock Prices of Sri Lankan Hotel and Travel Sector Companies: A comparison of Civil War and Easter Attack 2019. International Journal of Accountancy (IJA) – University of Kelaniya, 1(2). https://doi.org/10.4038/ija.v1i2.35
  4. Soyza, W. S., Kodithuwakku, K. A. S. S., & Samarakoon, S. M. R. K. (2021). Stock Price Reaction to the Stock Splits Announcement of Listed Companies in the Colombo Stock Exchange.Vidyodaya Journal of Management – University of Sri Jayewardenepura, 07 (II), 17-33.  http://dx.doi.org/https://doi.org/10.31357/vjm.v7iII.5094