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 (Financial Engineering) (IIT-Kharagpur, India)
  • 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 Interest

  • Financial Derivatives
  • Strategic Finance
  • Financial Modeling
  • International Financial Management
  • Financial Risk Management and Risk Modeling
  • Fixed Income Securities
  • Portfolio Theory
  • Financial Mathematics
  • Actuarial Science
  • Corporate Finance

Research Interest

  • Asset Pricing Models
  • Commodity and Equity Derivative Pricing, Indian Derivative Markets, and Option Mispricing
  • Mathematical Finance and Model Building
  • Initial Public Offerings (IPOs) Underpricing
  • Financial and Corporate Governance perspectives of Buddhist Philosophy, Hindu Philosophy and Confucianism

Scholarships/ Awards/ Medals

  • 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)

Membership of Associations

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

Editorial and Reviewing Experience

  • 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)
  • Reviewer- Cogent Economics and Finance - Online ISSN: 2332-2039 -Taylor & Francis
  • Reviewer - Asia-Pacific Financial Markets (Springer) (Indexed Journal) Electronic ISSN:1573-6946, Print ISSN: 1387-2834
  • Reviewer- Cogent Business & Management -Online ISSN: 2331-1975 -Taylor & Francis
  • Reviewer - International Journal of Innovation and Technology Management ISSN (print): 0219-8770 | ISSN (online): 1793-6950 (Indexed)
  • Reviewer - Proceedings of 7th Symposium of Accounting and Finance Research -2021- Department of Accountancy, Wayamba University of Sri Lanka
  • Editorial Board Member - Proceedings of 4th Symposium of Accounting and Finance Research -2018- Department of Accountancy, Wayamba University of Sri Lanka
  • Editorial Board Member - Proceedings of 5th Symposium of Accounting and Finance Research -2019- Department of Accountancy, Wayamba University of Sri Lanka
  • Editorial Board Member - Proceedings of 6th Symposium of Accounting and Finance Research -2020- Department of Accountancy, Wayamba University of Sri Lanka
  • Editorial Board Member - Proceedings of 7th Symposium of Accounting and Finance Research -2021- Department of Accountancy, Wayamba University of Sri Lanka
  • Editorial Board Member - Prospectus -2019 - Department of Accountancy, Wayamba University of Sri Lanka
  • Editorial Board Member - Journal Of Accountancy and Finance - Volume 02 - Issue 01 - July 2015
  • Editorial Board Member - Journal Of Accountancy and Finance - Volume 02 - Issue 02 - December 2015
  • Editorial Board Member - Journal Of Accountancy and Finance - Volume 03 - Issue 01 - July 2016
  • Editorial Board Member - Journal Of Accountancy and Finance - Volume 03 - Issue 02 - December 2016

International refereed journals & international conference proceedings
International refereed journals

  1. 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
  2. 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 (ISSN: 2519-8971, ISSN Online: 2519-898X, ABDC Journal Ranking: C)
  3. HP Rozairo and SMRK Samarakoon (2021). Financial Performance of the Firms and the Enterprise Risk Management: A Sri Lankan Perspective. Journal of Risk and Financial Studies, Vol. 2, No. 2, pp. 141-162. (ISSN:- 2582-7413, ARF INDIA, Academic Open Access Publishing, www.arfjournals.com)

International conference proceedings

  1. 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” proceedings of 12th International conference on business management (ICBM – 2015)ISSN 2235-9773, p9, University of Sri Jayawardenepura, Sri Lanka. (Published in SSRN)
  2. Samarakoon SMRK, Priyadarshanie WAN, Jayendrika WADK, “Corporate governance and Firm Value: Evidence from Colombo Stock Exchange” Proceedings of 3rd International Research Symposium (IRSYRUSL -2015) ISSN 2235-9710 Rajarata University of Sri Lanka
  3. Samarakoon SMRK, Perera KLW, “short-run price performance of IPOs and corporate governance practices, Evidence from a frontier Market.” Proceedings of International Research Symposium of Uva Wellassa University (IRSUWU-2017) ISBN 978-955-0481-14- 9, Uva Wellassa University, Sri Lanka
  4. Jayalath PM, Samarakoon SMRK, Kumara UES, “Cultural and Social Value of Sri Lankan Music Videos on You Tube” Paper Sent for the ICH -2017 (International Conference on the Humanities) 5th and 6th October ,2017, University of Kelaniya
  5. Samarakoon SMRK, Rajapakse RPCR, “Distress Prediction – a comparison of different models” Proceedings of Jaffna University International Conference (JUICe – 2018) University of Jaffna – Sri Lanka
  6. Herath, H.M.K.M., Samarakoon, S.M.R.K., The Role of Liquidity Risk in Asset Pricing: Evidence from Sri Lanka. Proceeding of 17th International Conference on Business Management. 10th – 11th December 2020. University of Sri Jayewardenepura
  7. Hettiarachchi, M.H.A.S.U., Samarakoon, S.M.R.K. & Rathnayake, R.M.T.N., Does Stock Market Liquidity Affect Firms’ Dividend Policy? Proceeding of 17th International Conference on Business Management. 10th – 11th December 2020. University of Sri Jayewardenepura
  8. Fernando, P.M.S., Samarakoon, S.M.R.K., The Conditional Relation between Beta and Returns: Evidence from a Frontier Market. Proceeding of 17th International Conference on Business Management. 10th – 11th December 2020. University of Sri Jayewardenepura
  9. Soyza, W. S. S., Kodithuwakku, K.A.S.S. & Samarakoon, S.M.R.K., Stock Price Reaction to the Stock Splits Announcement of Listed Companies in CSE. Proceeding of 17th International Conference on Business Management. 10th – 11th December 2020. University of Sri Jayewardenepura
  10. Kodithuwakku, K.A.S.S., Samarakoon, S.M.R.K., Hotel and Travel Sector in Sri Lanka and Easter Attack 2019: An Event Study. Proceeding of 17th International Conference on Business Management. 10th – 11th December 2020. University of Sri Jayewardenepura
  11. Rozairo, H.P., Samarakoon, S.M.R.K., & Liyanaarachchi, U.S., Financial Performance of the Firms and the Enterprise Risk Management: A Sri Lankan Perspective.17th International Conference on Business Management. 10th – 11th December 2020. University of Sri Jayewardenepura
  12. Jayarathne, M.D.S., Samarakoon, S.M.R.K., & Dissanayake, A.R., The Reaction of Right Issues and Debenture Issues on Share Prices: Evidence from Sri Lanka. 17th International Conference on Business Management. 10th – 11th December 2020. University of Sri Jayewardenepura
  13. Sarangi, I.W.M.S., Samarakoon, S.M.R.K., & Wanigasekara, W.A.D.K.J., Effect of Mergers and Acquisitions on Stock Returns: Evidence from a Frontier Market. 17th International Conference on Business Management. 10th – 11th December 2020. University of Sri Jayewardenepura
  14. Samarakoon SMRK, Dissanayake AR, Application of Geometric Brownian Motion Model to Simulate the Share Prices in Colombo Stock Exchange, 2nd South Asia Conference on Multidisciplinary Research (SAMR) 2019. ISBN 978-955-3751-02-(Best Presenter Award)
  15. Liyanage KV, Karunananda UGAC, Samarakoon SMRK, Are Microfinance Companies Really Beneficial To the Needy People? Analysis of Selected Cases. 8th Annual International Research Conference (AIRC) 2019. ISBN 978-955-627-194-2
  16. Madhushani KGK, Samarakoon SMRK, Dissanayake AR, Earnings Management and Long-Run Market Performance of Initial Public Offerings: Evidence from Sri Lanka. 8th Annual International Research Conference (AIRC) 2019. ISBN 978-955-627-194-2
  17. Mallawa MMNS, Samarakoon SMRK, Karunananda UGAC, Impact of Dividend Announcements on Share Price Performance: Evidence from Sri Lankan Listed Companies, 8th Annual International Research Conference (AIRC) 2019. ISBN 978-955-627-194-2

Local refereed journals & Local conference proceedings
Local refereed journals

  1. Jayendrika WADK, Priyadarshanie WAN, Samarakoon SMRK, “The Impact of corporate governance on firm’s Financial Performance” Journal of Accountancy and Finance, Volume 01, Issue 02 (December-2014), ISSN 2386-1444
  2. Samarakoon SMRK, Kumara UES, Gunarathne UGVDD, “Effect of leverage on profitability and market performance in the manufacturing sector of Sri Lanka, A panel Regression Analysis” Journal of Accountancy and Finance, Volume 01, Issue 01 (July-2014), ISSN 2386-1444
  3. Herath. HMKM, Samarakoon. SMRK, (2019). Capital Asset pricing Model with Liquidity Risk: Sri Lankan Perspective. Journal of Accountancy and Finance, Volume (06), Issue I, June 2019. ISSN 2386-1444, Department of Accountancy, Wayamba University of Sri Lanka
  4. Hettiarachchi. HMASU, Samarakoon. SMRK, (2019). Stock Market Liquidity and Firm’s Dividend Policy: Evidence from Sri Lanka. Journal of Accountancy and Finance, Volume (06), Issue II, December 2019. ISSN 2386-1444, Department of Accountancy, Wayamba University of Sri Lanka
  5. W. S. S Soyza, K. A. S. S. Kodithuwakku, S.M.R.K. Samarakoon (2021). Stock Price Reaction to the Stock Splits Announcement of Listed Companies in the Colombo Stock Exchange. Vidyodaya Journal of Management 2021, Vol. 07 (II) 17–33. The University of Sri Jayewardenepura. ISSN 2448-9344 (Print) ISSN 2448-9352 (Online) ISBN 978-955-23-0019-3. DOI:https://doi.org/10.31357/vjm.v7iII.5094
  6. Kodithuwakku K.A.S.S. and Samarakoon S.M.R.K. 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), Volume 1 – Issue 2 – 2021 December, ISSN 2738-2249, University of Kelaniya
  7. Fernando P.M.S., Samarakoon S.M.R.K., and Rajapakse R.P.C.R. Beta and Returns: Evidence from Colombo Stock Exchange. The Journal of Applied Research: ISSN 2613-8255. Vol 04, 2021. The Institute of Chartered Accountants of Sri Lanka

Local conference proceedings

  1. Herath HMIK, Samarakoon SMRK, Impact Of Working Capital Management On Firm Performance And Market Performance: A Comparative Study On Selected Sectors Of Colombo Stock Exchange In Sri Lanka, CONFERENCE PROCEEDINGS, 5th Symposium of Accounting and Finance Researches (SACFIRE 2019) ISSN 2579-1737
  2. Hanshani EDN, Samarakoon SMRK, Capital Structure, Firm Performance And Market Performance; A Sector Comparison, CONFERENCE PROCEEDINGS, 5th Symposium of Accounting and Finance Researches (SACFIRE 2019) ISSN 2579-1737
  3. Madushani KGK, Samarakoon SMRK, Earnings Management And Long-Run Market Performance Of Initial Public Offerings: Evidence From A Frontier Market, CONFERENCE PROCEEDINGS, 5th Symposium of Accounting and Finance Researches (SACFIRE 2019) ISSN 2579-1737
  4. Parris MMRS, Samarakoon SMRK, A Logistic Regression Approach Prediction Of Financial Distress In Sri Lankan Listed Companies, CONFERENCE PROCEEDINGS, 5th Symposium of Accounting and Finance Researches (SACFIRE 2019) ISSN 2579-1737
  5. Kumara SSP, Samarakoon SMRK, Stock Price Simulation: Application Of Geometric Brownian Motion Model, CONFERENCE PROCEEDINGS, 5th Symposium of Accounting and Finance Researches (SACFIRE 2019) ISSN 2579-1737
  6. Kumari UGN, Samarakoon SMRK, Share Price Prediction Using the Autoregressive Integrated Moving Average Model in Colombo Stock Exchange, CONFERENCE PROCEEDINGS, 5th Symposium of Accounting and Finance Researches (SACFIRE 2019) ISSN 2579-1737
  7. Perera LPM, Samarakoon SMRK, Capital Adequacy, Cost Income Ratio and The Profitability Of Domestic Licensed Commercial Banks: Sri Lanka, CONFERENCE PROCEEDINGS, 5th Symposium of Accounting and Finance Researches (SACFIRE 2019) ISSN 2579-1737
  8. Jayarathne, M. D. S and Samarakoon, S. M. R. K, Right issue announcements and share prices: An event study approach. Proceedings of the 3rd Research Conference on Business Studies (RCBS 2020) Faculty of Business Studies, Vavuniya Campus of the University of Jaffna, Vavuniya, Sri Lanka. ISSN 2478-1126 and E-ISSN 2478-1258
  9. Kodithuwakku, K.A.S.S and Samarakoon, S.M.R.K, Easter attack 2019 and Hotel and Travel sector in Sri Lanka: An event study approach. Proceedings of the 3rd Research Conference on Business Studies (RCBS 2020) Faculty of Business Studies, Vavuniya Campus of the University of Jaffna, Vavuniya, Sri Lanka. ISSN 2478-1126 and E-ISSN 2478-1258
  10. Fernando, W. M. D. N and Samarakoon, S. M. R. K, Stock market liquidity and firm performance: Evidence from a Frontier Market. Proceedings of the 3rd Research Conference on Business Studies (RCBS 2020) Faculty of Business Studies, Vavuniya Campus of the University of Jaffna, Vavuniya, Sri Lanka. ISSN 2478-1126 and E-ISSN 2478-1258
  11. Herath, H. M. K. M and Samarakoon, S. M. R. K, Asset pricing with liquidity risk: Evidence from a Frontier Market. Proceedings of the 3rd Research Conference on Business Studies (RCBS 2020) Faculty of Business Studies, Vavuniya Campus of the University of Jaffna, Vavuniya, Sri Lanka. ISSN 2478-1126 and E-ISSN 2478-1258
  12. Hettiarachchi, M.H.A.S.U and Samarakoon, S.M.R.K, Stock market liquidity and firm dividend policy: Evidence from a Frontier Market, Proceedings of the 3rd Research Conference on Business Studies (RCBS 2020) Faculty of Business Studies, Vavuniya Campus of the University of Jaffna, Vavuniya, Sri Lanka. ISSN 2478-1126 and E-ISSN 2478-1258
  13. Rathnayake, K. D. S. M and Samarakoon, S.M.R.K, Corporate financial distress prediction: An application of Multiple Discriminant analysis, Proceedings of the 3rd Research Conference on Business Studies (RCBS 2020) Faculty of Business Studies, Vavuniya Campus of the University of Jaffna, Vavuniya, Sri Lanka. ISSN 2478-1126 and E-ISSN 2478-1258
  14. Rozairo, H. P and Samarakoon, S.M.R.K, Corporate risk management and firm performance: Sri Lankan perspective, Proceedings of the 3rd Research Conference on Business Studies (RCBS 2020) Faculty of Business Studies, Vavuniya Campus of the University of Jaffna, Vavuniya, Sri Lanka. ISSN 2478-1126 and E-ISSN 2478-1258
  15. Fernando, P. M. S and Samarakoon, S. M. R. K, Beta and returns: Evidence from Colombo Stock Exchange, Proceedings of the 3rd Research Conference on Business Studies (RCBS 2020) Faculty of Business Studies, Vavuniya Campus of the University of Jaffna, Vavuniya, Sri Lanka. ISSN 2478-1126 and E-ISSN 2478-1258
  16. Senavirathna, P. B. P. H. & Samarakoon, S. M. R. K., Stock Liquidity and Firm Corporate Dividend Policy. Proceeding of 3rd Annual Research Symposium in Management. 16th October 2020. Faculty of Business Studies and Finance, Wayamba University of Sri Lanka
  17. Jayarathne, M. D. S. & Samarakoon, S. M. R. K., The Reaction of Share Prices to The Announcements of Right Issues and Debenture Issues: Evidence from Sri Lanka. Proceeding of 3rd Annual Research Symposium in Management. 16th October 2020. Faculty of Business Studies and Finance, Wayamba University of Sri Lanka
  18. Lakmal, B. C. & Samarakoon, S. M. R. K., The Long-Run Performance of Mergers & Acquisitions: Sri Lankan Evidence. Proceeding of 3rd Annual Research Symposium in Management. 16th October 2020. Faculty of Business Studies and Finance, Wayamba University of Sri Lanka
  19. Sandamini, I. R. N. & Samarakoon, S. M. R. K., Financial Literacy and Retirement Planning: Evidence from Western Province in Sri Lanka. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2020. (SACFIRE 2020) ISSN 2579-1737
  20. Rathnayake, K. D. S. M. & Samarakoon, S. M. R. K., A Study of Corporate Financial Distress Prediction in Sri Lanka. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2020. (SACFIRE 2020) ISSN 2579-1737
  21. Sarangi, I. W. M. S. & Samarakoon, S. M. R. K., Impact of Corporate Mergers and Acquisitions on Stock Returns: Evidence from Sri Lanka. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2020. (SACFIRE 2020) ISSN 2579-1737
  22. Hettiarachchi, M. H. A. S. U. & Samarakoon, S. M. R. K., Stock Market Liquidity and Firms’ Dividend Policy: South Asian Context. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2020. (SACFIRE 2020) ISSN 2579-1737
  23. Herath, H. M. K. M. & Samarakoon, S. M. R. K., Asset Pricing with Liquidity Risk. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2020. (SACFIRE 2020) ISSN 2579-1737
  24. Kodithuwakku, K. A. S. S. & Samarakoon, S. M. R. K., The Behavior of Stock Prices of Sri Lankan Hotel and Travel Sector Companies: Impact of Civil War and Easter Attack 2019. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2020. (SACFIRE 2020) ISSN 2579-1737
  25. Rozairo, H. P. & Samarakoon, S. M. R. K., Corporate Risk Management and Financial Performance of Firms: Evidence from Sri Lanka. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2020. (SACFIRE 2020) ISSN 2579-1737
  26. Fernando, P. M. S. & Samarakoon, S. M. R. K., Conditional Relationship between Beta and Returns: Evidence from Sri Lanka. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2020. (SACFIRE 2020) ISSN 2579-1737
  27. Hewagama, H. D. K. Priyadarshani, G. K. N. & Samarakoon, S. M. R. K., Impact of Easter Sunday Attack on Stock Market Return: Evidence from Tourism Industry in Sri Lanka. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2020. Researches (SACFIRE 2020) ISSN 2579-1737
  28. Samaradiwakara DMDM, Samarakoon SMRK.,Dividend Policy and Share Price Volatility: Evidence from Colombo Stock Exchange. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2021. (SACFIRE 2021) ISSN 2579-1737
  29. Kumara STMDP, Samarakoon SMRK., Macroeconomic Factors and Stock Market in Sri Lanka: A Factor Analysis Approach. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2021. (SACFIRE 2021) ISSN 2579-1737
  30. Rathnaweera RDJI, Samarakoon SMRK., Empirical Testing of Capital Asset Pricing Model: Evidence from Sri Lanka. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2021. (SACFIRE 2021) ISSN 2579-1737
  31. Weerasinghe GMTM, Samarakoon SMRK., Short-Run and Long-Run Performance of Initial Public Offerings: Comparative Evidence from South Asia. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2021. (SACFIRE 2021) ISSN 2579-1737
  32. Wickramaarachchi WADD, Samarakoon SMRK., Application of Geometric Brownian Motion Model and Binomial Pricing Model for Simulation and Hedging Crude Oil Futures in Indian Context. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2021. (SACFIRE 2021) ISSN 2579-1737
  33. Dissanayaka PASB, Samarakoon SMRK., Bankruptcy Prediction Models with Loan Defaults: evidence
    From India. Proceeding of Symposium of Accountancy and Finance Researches. 10th November 2021. (SACFIRE 2021) ISSN 2579-1737